Orefinders Resources Stock Performance
| ORFDF Stock | USD 0.04 0 10.87% |
The company holds a Beta of 0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, Orefinders Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Orefinders Resources is expected to be smaller as well. At this point, Orefinders Resources has a negative expected return of -0.0878%. Please make sure to check Orefinders Resources' jensen alpha, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if Orefinders Resources performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Orefinders Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable fundamental indicators, Orefinders Resources is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 6.4 M | |
| Total Cashflows From Investing Activities | -62.2 K |
Orefinders |
Orefinders Resources Relative Risk vs. Return Landscape
If you would invest 4.18 in Orefinders Resources on December 23, 2024 and sell it today you would lose (0.49) from holding Orefinders Resources or give up 11.72% of portfolio value over 90 days. Orefinders Resources is currently producing negative expected returns and takes up 4.7785% volatility of returns over 90 trading days. Put another way, 42% of traded otc stocks are less volatile than Orefinders, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Orefinders Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orefinders Resources' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Orefinders Resources, and traders can use it to determine the average amount a Orefinders Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0184
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ORFDF |
Estimated Market Risk
| 4.78 actual daily | 42 58% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Orefinders Resources is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Orefinders Resources by adding Orefinders Resources to a well-diversified portfolio.
Orefinders Resources Fundamentals Growth
Orefinders OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Orefinders Resources, and Orefinders Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Orefinders OTC Stock performance.
| Return On Equity | -0.18 | |||
| Return On Asset | -0.0455 | |||
| Current Valuation | 2.53 M | |||
| Shares Outstanding | 247.16 M | |||
| Price To Earning | 17.50 X | |||
| Price To Book | 1.33 X | |||
| EBITDA | (2.44 M) | |||
| Cash And Equivalents | 6.45 M | |||
| Cash Per Share | 0.03 X | |||
| Book Value Per Share | 0.03 X | |||
| Cash Flow From Operations | (2.74 M) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 11.46 M | |||
About Orefinders Resources Performance
By analyzing Orefinders Resources' fundamental ratios, stakeholders can gain valuable insights into Orefinders Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Orefinders Resources has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Orefinders Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Orefinders Resources Inc. engages in the exploration, development, and production of gold assets in the Abitibi region of Ontario. The company was incorporated in 2011 and is headquartered in Toronto, Canada. Orange Fund is traded on OTC Exchange in the United States.Things to note about Orefinders Resources performance evaluation
Checking the ongoing alerts about Orefinders Resources for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Orefinders Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Orefinders Resources generated a negative expected return over the last 90 days | |
| Orefinders Resources has some characteristics of a very speculative penny stock | |
| Orefinders Resources has high historical volatility and very poor performance | |
| Orefinders Resources has high likelihood to experience some financial distress in the next 2 years | |
| Orefinders Resources has accumulated about 6.45 M in cash with (2.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 14.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Orefinders Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Orefinders Resources' stock is overvalued or undervalued compared to its peers.
- Examining Orefinders Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Orefinders Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Orefinders Resources' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Orefinders Resources' otc stock. These opinions can provide insight into Orefinders Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Orefinders OTC Stock analysis
When running Orefinders Resources' price analysis, check to measure Orefinders Resources' 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 Orefinders Resources is operating at the current time. Most of Orefinders Resources' value examination focuses on studying past and present price action to predict the probability of Orefinders Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orefinders Resources' price. Additionally, you may evaluate how the addition of Orefinders Resources to your portfolios can decrease your overall portfolio volatility.
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