Orient Technologies (India) Market Value
| ORIENTTECH | 307.85 7.25 2.41% |
| Symbol | Orient |
Orient Technologies 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Orient Technologies' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Orient Technologies.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Orient Technologies on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Orient Technologies Limited or generate 0.0% return on investment in Orient Technologies over 90 days. Orient Technologies is related to or competes with Ankit Metal, Varun Beverages, Manaksia Coated, Nahar Industrial, Indian Metals, and Ratnamani Metals. More
Orient Technologies Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Orient Technologies' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Orient Technologies Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 15.71 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 7.53 |
Orient Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orient Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Orient Technologies' standard deviation. In reality, there are many statistical measures that can use Orient Technologies historical prices to predict the future Orient Technologies' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.63) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | 1.11 |
Orient Technologies Backtested Returns
Orient Technologies maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13 % return per unit of risk over the last 3 months. Orient Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orient Technologies' Variance of 18.75, risk adjusted performance of (0.11), and Coefficient Of Variation of (757.70) to confirm the risk estimate we provide. The company holds a Beta of -0.52, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Orient Technologies are expected to decrease at a much lower rate. During the bear market, Orient Technologies is likely to outperform the market. At this point, Orient Technologies has a negative expected return of -0.57%. Please make sure to check Orient Technologies' value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if Orient Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.51 |
Good reverse predictability
Orient Technologies Limited has good reverse predictability. Overlapping area represents the amount of predictability between Orient Technologies time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Orient Technologies price movement. The serial correlation of -0.51 indicates that about 51.0% of current Orient Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 2037.91 |
Orient Technologies lagged returns against current returns
Autocorrelation, which is Orient Technologies stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Orient Technologies' stock expected returns. We can calculate the autocorrelation of Orient Technologies returns to help us make a trade decision. For example, suppose you find that Orient Technologies has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Orient Technologies regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Orient Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Orient Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Orient Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Orient Technologies Lagged Returns
When evaluating Orient Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Orient Technologies stock have on its future price. Orient Technologies autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Orient Technologies autocorrelation shows the relationship between Orient Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Orient Technologies Limited.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Orient Stock Analysis
When running Orient Technologies' price analysis, check to measure Orient Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Orient Technologies is operating at the current time. Most of Orient Technologies' value examination focuses on studying past and present price action to predict the probability of Orient Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orient Technologies' price. Additionally, you may evaluate how the addition of Orient Technologies to your portfolios can decrease your overall portfolio volatility.