Orsted As Adr Stock Price on August 10, 2021

DNNGY Stock  USD 18.70  0.62  3.43%   
If you're considering investing in Orsted Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Orsted AS stands at 18.70, as last reported on the 28th of March, with the highest price reaching 18.70 and the lowest price hitting 18.38 during the day. We consider Orsted AS not too volatile. Orsted AS ADR maintains Sharpe Ratio (i.e., Efficiency) of 0.0217, which implies the firm had a 0.0217% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Orsted AS ADR, which you can use to evaluate the volatility of the company. Please check Orsted AS's Semi Deviation of 2.26, risk adjusted performance of 0.0257, and Coefficient Of Variation of 3078.97 to confirm if the risk estimate we provide is consistent with the expected return of 0.0527%.
  
Orsted Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0217

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskDNNGYHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.42
  actual daily
21
79% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Orsted AS is performing at about 1% 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 Orsted AS by adding it to a well-diversified portfolio.

Orsted AS Valuation on August 10, 2021

It is possible to determine the worth of Orsted AS on a given historical date. On August 10, 2021 Orsted was worth 42.13 at the beginning of the trading date compared to the closed value of 40.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orsted AS pink sheet. Still, in general, we apply an absolute valuation method to find Orsted AS's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Orsted AS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orsted AS's related companies.
 Open High Low Close Volume
03/14/2022
  42.13    42.13    40.58    40.58    76,078  
  40.78    40.78    39.29    39.29    80,847  
Backtest Orsted AS  |  Orsted AS History  |  Orsted AS Valuation Next  
Open Value
42.13
40.58
Closing Value
49.40
Upside

Orsted AS Trading Date Momentum on August 10, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Orsted AS ADR Fundamentals Correlations and Trends

By evaluating Orsted AS's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Orsted AS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orsted financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Orsted AS Pink Sheet history

Orsted AS 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 Orsted is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orsted AS ADR 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 Orsted AS stock prices may prove useful in developing a viable investing in Orsted AS
rsted AS, together with its subsidiaries, develops, constructs, owns, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants. rsted AS was founded in 1972 and is headquartered in Fredericia, Denmark. Orsted ADR operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange. It employs 7292 people.

Orsted AS Pink Sheet Technical Analysis

Orsted AS technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Orsted AS technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Orsted AS trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Orsted AS Period Price Range

Low
March 14, 2022
High

 42.13 

  

 40.58 

-1.55-3.68%

Orsted AS March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Orsted AS pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orsted AS shares will generate the highest return on investment. By undertsting and applying Orsted AS pink sheet market strength indicators, traders can identify Orsted AS ADR entry and exit signals to maximize returns

Orsted AS Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Orsted AS's price direction in advance. Along with the technical and fundamental analysis of Orsted Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orsted 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Orsted AS ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Orsted AS ADR information on this page should be used as a complementary analysis to other Orsted AS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Orsted Pink Sheet analysis

When running Orsted AS's price analysis, check to measure Orsted AS'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 Orsted AS is operating at the current time. Most of Orsted AS's value examination focuses on studying past and present price action to predict the probability of Orsted AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orsted AS's price. Additionally, you may evaluate how the addition of Orsted AS to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Please note, there is a significant difference between Orsted AS's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orsted AS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orsted AS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.