Orestone Mining Performance

Orestone Mining Corp -- Canada Stock  

CAD 0.1  0.03  42.86%

Macroaxis gives Orestone Mining performance score of 0 on a scale of 0 to 100. The organization holds Beta of 1.1125 which implies Orestone Mining returns are very sensitive to returns on the market. as market goes up or down, Orestone Mining is expected to follow.. Even though it is essential to pay attention to Orestone Mining Corp current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Orestone Mining Corp exposes twenty-one different technical indicators which can help you to evaluate its performance. Orestone Mining Corp has expected return of -0.3534%. Please be advised to check Orestone Mining Corp Variance as well as the relationship between Maximum Drawdown and Semi Variance to decide if Orestone Mining Corp past performance will be repeated at some point in the near future.
Investment Horizon     30 Days    Login   to change

Orestone Mining Corp Relative Risk vs. Return Landscape

If you would invest  12  in Orestone Mining Corp on November 18, 2017 and sell it today you would lose (2)  from holding Orestone Mining Corp or give up 16.67% of portfolio value over 30 days. Orestone Mining Corp is currently producing negative expected returns and takes up 11.1615% volatility of returns over 30 trading days. Put another way, most equities are less risky on the bases of their return distribution than the company and majority of traded equity instruments are likely to generate higher returns over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Orestone Mining Corp is expected to under-perform the market. In addition to that, the company is 24.23 times more volatile than its market benchmark. It trades about -0.03 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.55 per unit of volatility.

0 

Risk-Adjusted Performance

Over the last 30 days Orestone Mining Corp has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

Orestone Mining Sharpe Ratio = -0.0317
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Estimated Market Risk

 11.16
  actual daily
 
 4 %
of total potential
  

Expected Return

 -0.35
  actual daily
 
 1 %
of total potential
  

Risk-Adjusted Return

 -0.03
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average Orestone Mining is performing at about 0% 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.