Orion Energy Systems Stock Price on January 10, 2023

OESX Stock  USD 0.87  0.01  1.14%   
If you're considering investing in Orion Stock, it is important to understand the factors that can impact its price. As of today, the current price of Orion Energy stands at 0.87, as last reported on the 29th of March, with the highest price reaching 0.90 and the lowest price hitting 0.86 during the day. Orion Energy Systems maintains Sharpe Ratio (i.e., Efficiency) of -4.0E-4, which implies the firm had a -4.0E-4% return per unit of risk over the last 3 months. Orion Energy Systems exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orion Energy's Risk Adjusted Performance of 0.0086, semi deviation of 2.77, and Coefficient Of Variation of 553147.66 to confirm the risk estimate we provide.
  
Orion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -4.0E-4

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Estimated Market Risk

 3.9
  actual daily
34
66% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Orion Energy 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 Orion Energy by adding Orion Energy to a well-diversified portfolio.

Orion Energy Valuation on January 10, 2023

It is possible to determine the worth of Orion Energy on a given historical date. On January 10, 2023 Orion was worth 1.9 at the beginning of the trading date compared to the closed value of 1.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orion Energy stock. Still, in general, we apply an absolute valuation method to find Orion Energy'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 Orion Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orion Energy's related companies.
 Open High Low Close Volume
  1.87    1.94    1.87    1.88    22,200  
01/10/2023
  1.90    1.92    1.87    1.88    15,207  
  1.94    1.96    1.90    1.92    17,019  
Backtest Orion Energy  |  Orion Energy History  |  Orion Energy Valuation   PreviousNext  
Open Value
1.9
1.88
Closing Value
13.61
Upside

Orion Energy Trading Date Momentum on January 10, 2023

On January 11 2023 Orion Energy Systems was traded for  1.92  at the closing time. The top price for the day was 1.96  and the lowest listed price was  1.90 . The trading volume for the day was 17 K. The trading history from January 11, 2023 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 2.13% . The trading delta at closing time against the current closing price is 2.66% .

Orion Energy Systems Fundamentals Correlations and Trends

By evaluating Orion Energy'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 Orion Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orion financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Orion Energy Stock history

Orion Energy 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 Orion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orion Energy Systems 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 Orion Energy stock prices may prove useful in developing a viable investing in Orion Energy
Orion Energy Systems, Inc. researches, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and retail, exterior area lighting, and industrial applications in North America. Orion Energy Systems, Inc. was incorporated in 1996 and is headquartered in Manitowoc, Wisconsin. Orion Energy operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. It employs 314 people.

Orion Energy Stock Technical Analysis

Orion Energy 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.
A focus of Orion Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Orion Energy 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

Orion Energy Period Price Range

Low
January 10, 2023
-0.02  -1.05%
High

 1.90 

     

 1.88 

Orion Energy March 29, 2024 Market Strength

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

Orion Energy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Orion Energy's price direction in advance. Along with the technical and fundamental analysis of Orion Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orion 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.
When determining whether Orion Energy Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Orion Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Orion Energy Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Orion Energy Systems Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Energy Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Orion Energy's price analysis, check to measure Orion Energy'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 Orion Energy is operating at the current time. Most of Orion Energy's value examination focuses on studying past and present price action to predict the probability of Orion Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orion Energy's price. Additionally, you may evaluate how the addition of Orion Energy to your portfolios can decrease your overall portfolio volatility.
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Is Orion Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Orion Energy. If investors know Orion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Orion Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Orion Energy Systems is measured differently than its book value, which is the value of Orion that is recorded on the company's balance sheet. Investors also form their own opinion of Orion Energy's value that differs from its market value or its book value, called intrinsic value, which is Orion Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Orion Energy's market value can be influenced by many factors that don't directly affect Orion Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Orion Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orion Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orion Energy'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.