Ormat Technologies Stock Alpha and Beta Analysis
| ORA Stock | USD 81.59 0.46 0.57% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Ormat Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Ormat Technologies over a specified time horizon. Remember, high Ormat Technologies' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Ormat Technologies' market risk premium analysis include:
Beta 0.49 | Alpha 0.0848 | Risk 1.32 | Sharpe Ratio 0.12 | Expected Return 0.15 |
Ormat Technologies Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Ormat |
Ormat Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Ormat Technologies market risk premium is the additional return an investor will receive from holding Ormat Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ormat Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Ormat Technologies' performance over market.| α | 0.08 | β | 0.49 |
Ormat Technologies expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Ormat Technologies' Buy-and-hold return. Our buy-and-hold chart shows how Ormat Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Ormat Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how Ormat Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ormat Technologies shares will generate the highest return on investment. By understating and applying Ormat Technologies stock market price indicators, traders can identify Ormat Technologies position entry and exit signals to maximize returns.
Ormat Technologies Return and Market Media
The median price of Ormat Technologies for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 76.94 with a coefficient of variation of 3.83. The daily time series for the period is distributed with a sample standard deviation of 2.96, arithmetic mean of 77.39, and mean deviation of 2.53. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Insider Selling Orora Limited Insider Sells 150,000 Shares of Stock | 09/16/2024 |
2 | Disposition of 1266 shares by Byron Wong of Ormat Technologies at 74.98 subject to Rule 16b-3 | 09/20/2024 |
3 | Ormat Technologies Shows Improved Relative Price Performance Still Shy Of Benchmark | 10/22/2024 |
4 | Disposition of 2170 shares by Marom Michal of Ormat Technologies subject to Rule 16b-3 | 10/24/2024 |
5 | E2E Energy Solutions and Novus Earth Partner on Pioneering Geothermal Initiative in Alberta | 11/05/2024 |
6 | Ormat Technologies Inc Q3 2024 Earnings EPS of 0.42 Beats Estimates, Revenue at 211. ... | 11/06/2024 |
7 | Disposition of 1621 shares by Stanley Stern of Ormat Technologies at 53.16 subject to Rule 16b-3 | 11/07/2024 |
8 | Q3 2024 Ormat Technologies Inc Earnings Call Transcript | 11/08/2024 |
9 | Ormat Technologies Stock Dips Amid Renewable Energy Sector Decline | 11/12/2024 |
10 | Orora Limiteds Stock Has Shown Weakness Lately But Financial Prospects Look Decent Is The Market Wrong | 11/14/2024 |
11 | Israel stocks higher at close of trade TA 35 up 0.97 | 11/26/2024 |
About Ormat Technologies Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Ormat or other stocks. Alpha measures the amount that position in Ormat Technologies has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.006076 | 0.006309 | 0.005126 | Price To Sales Ratio | 6.7 | 5.43 | 3.49 |
Ormat Technologies Upcoming Company Events
As portrayed in its financial statements, the presentation of Ormat Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ormat Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Ormat Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Ormat Technologies. Please utilize our Beneish M Score to check the likelihood of Ormat Technologies' management manipulating its earnings.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Ormat Technologies Backtesting, Ormat Technologies Valuation, Ormat Technologies Correlation, Ormat Technologies Hype Analysis, Ormat Technologies Volatility, Ormat Technologies History and analyze Ormat Technologies Performance. For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Ormat Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.