Orestone Mining Corp Stock Price on December 22, 2017
| ORS Stock | CAD 0.03 0.00 0.00% |
Below is the normalized historical share price chart for Orestone Mining Corp extending back to March 11, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Orestone Mining stands at 0.03, as last reported on the 18th of April 2024, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day.
If you're considering investing in Orestone Stock, it is important to understand the factors that can impact its price. Orestone Mining is out of control given 3 months investment horizon. Orestone Mining Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate sixteen different technical indicators, which can help you to evaluate if expected returns of 1.06% are justified by taking the suggested risk. Use Orestone Mining Coefficient Of Variation of 954.62, variance of 92.98, and Risk Adjusted Performance of 0.0754 to evaluate company specific risk that cannot be diversified away.
At this time, Orestone Mining's Common Stock Shares Outstanding is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 3.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.8 M in 2024. . Price Earnings Ratio is likely to climb to 15.93 in 2024, whereas Price Book Value Ratio is likely to drop 0.46 in 2024. Orestone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0315 | 50 Day MA 0.0298 | Beta 2.371 |
Orestone |
Sharpe Ratio = 0.1072
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ORS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 9.87 actual daily | 87 87% of assets are less volatile |
Expected Return
| 1.06 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Orestone Mining is performing at about 8% of its full potential. 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 Orestone Mining by adding it to a well-diversified portfolio.
Price Book 0.5549 | Book Value 0.054 | Enterprise Value 1.4 M | Enterprise Value Ebitda (7.68) | Shares Float 52.4 M |
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.
About Orestone Mining Stock history
Orestone Mining investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Orestone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orestone Mining Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Orestone Mining stock prices may prove useful in developing a viable investing in Orestone Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 65.2 M | 68.4 M | |
| Net Loss | -635.3 K | -667 K |
Orestone Mining Stock Technical Analysis
Orestone Mining 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.
Price Boundaries
Orestone Mining Period Price Range
Orestone Mining April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Orestone Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orestone Mining shares will generate the highest return on investment. By undertsting and applying Orestone Mining stock market strength indicators, traders can identify Orestone Mining Corp entry and exit signals to maximize returns
Orestone Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orestone Mining's price direction in advance. Along with the technical and fundamental analysis of Orestone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orestone to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0754 | |||
| Jensen Alpha | 1.04 | |||
| Total Risk Alpha | 0.3044 | |||
| Treynor Ratio | (1.02) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orestone Mining Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Orestone Stock analysis
When running Orestone Mining's price analysis, check to measure Orestone Mining's 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 Orestone Mining is operating at the current time. Most of Orestone Mining's value examination focuses on studying past and present price action to predict the probability of Orestone Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orestone Mining's price. Additionally, you may evaluate how the addition of Orestone Mining to your portfolios can decrease your overall portfolio volatility.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |