Orion Energy Systems Stock Price on March 9, 2023
| OESX Stock | USD 0.87 0.03 3.33% |
Below is the normalized historical share price chart for Orion Energy Systems extending back to December 19, 2007. 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 Orion Energy stands at 0.87, as last reported on the 19th of April, with the highest price reaching 0.89 and the lowest price hitting 0.86 during the day.
If you're considering investing in Orion Stock, it is important to understand the factors that can impact its price. Orion Energy Systems maintains Sharpe Ratio (i.e., Efficiency) of -0.0814, which implies the firm had a -0.0814% return per unit of risk over the last 3 months. Orion Energy Systems exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orion Energy's Risk Adjusted Performance of (0.03), coefficient of variation of (1,753), and Variance of 12.06 to confirm the risk estimate we provide.
At this time, Orion Energy's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 82.5 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 24.8 M in 2024. . Price To Sales Ratio is likely to drop to 0.91 in 2024. Price Earnings Ratio is likely to rise to -2.05 in 2024. Orion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of December 2007 | 200 Day MA 1.1515 | 50 Day MA 0.9354 | Beta 1.466 |
Orion |
Sharpe Ratio = -0.0814
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Estimated Market Risk
| 3.5 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 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.
Price Book 1.3871 | Enterprise Value Ebitda (2.26) | Price Sales 0.334 | Shares Float 29.1 M | Wall Street Target Price 2.83 |
Orion Energy Valuation on March 9, 2023
It is possible to determine the worth of Orion Energy on a given historical date. On March 9, 2023 Orion was worth 1.95 at the beginning of the trading date compared to the closed value of 1.77. 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 | |
| 1.95 | 2.00 | 1.86 | 1.88 | 39,385 | |
03/09/2023 | 1.95 | 1.95 | 1.77 | 1.77 | 17,994 |
| 1.77 | 1.88 | 1.77 | 1.85 | 53,642 |
| Backtest Orion Energy | | | Orion Energy History | | | Orion Energy Valuation | Previous | Next |
Orion Energy Trading Date Momentum on March 9, 2023
| On March 10 2023 Orion Energy Systems was traded for 1.85 at the closing time. The top price for the day was 1.88 and the lowest listed price was 1.77 . The trading volume for the day was 53.6 K. The trading history from March 10, 2023 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 4.52% . The trading delta at closing time against the current closing price is 7.34% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 36.5 M | 24.8 M | |
| Net Loss | -30.9 M | -29.4 M |
Orion Energy Quarterly Net Working Capital |
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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.
Price Boundaries
Orion Energy Period Price Range
Low | March 9, 2023
| High |
1.95 | 1.77 |
Orion Energy April 19, 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.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.50) |
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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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Orion Stock analysis
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.
Quarterly Earnings Growth (0.75) | Earnings Share (0.56) | Revenue Per Share 2.647 | Quarterly Revenue Growth 0.28 | Return On Assets (0.13) |
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.