Ormat Technologies (Israel) Performance

ORA -- Israel Stock  

ILS 19,130  1,840  8.77%

Ormat Technologies has performance score of 2 on a scale of 0 to 100. The organization holds Beta of -0.6731 which implies as returns on market increase, returns on owning Ormat Technologies are expected to decrease at a much smaller rate. During bear market, Ormat Technologies is likely to outperform the market.. Although it is extremely important to respect Ormat Technologies current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Ormat Technologies technical indicators you can presently evaluate if the expected return of 0.1139% will be sustainable into the future. Ormat Technologies right now holds a risk of 2.6699%. Please check Ormat Technologies Value At Risk, and the relationship between Jensen Alpha and Semi Variance to decide if Ormat Technologies will be following its historical price patterns.
Horizon     30 Days    Login   to change

Ormat Technologies Relative Risk vs. Return Landscape

If you would invest  1,893,000  in Ormat Technologies on November 13, 2018 and sell it today you would earn a total of  20,000  from holding Ormat Technologies or generate 1.06% return on investment over 30 days. Ormat Technologies is generating 0.1139% of daily returns assuming 2.6699% volatility of returns over the 30 days investment horizon. Simply put, 24% of all equities have less volatile historical return distribution than Ormat Technologies and 98% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Ormat Technologies is expected to generate 2.06 times more return on investment than the market. However, the company is 2.06 times more volatile than its market benchmark. It trades about 0.04 of its potential returns per unit of risk. The DOW is currently generating roughly -0.05 per unit of risk.

Ormat Technologies Market Risk Analysis

Sharpe Ratio = 0.0427
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
ORAHigh
Risk
Huge
Risk
Negative Returns

Ormat Technologies Relative Performance Indicators

Estimated Market Risk
 2.67
  actual daily
 
 24 %
of total potential
 
24
Expected Return
 0.11
  actual daily
 
 2 %
of total potential
 
2
Risk-Adjusted Return
 0.04
  actual daily
 
 2 %
of total potential
 
2
Based on monthly moving average Ormat Technologies is performing at about 2% 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 Ormat Technologies by adding it to a well-diversified portfolio.

Ormat Technologies Performance Rating

Ormat Technologies Risk Adjusted Performance Analysis

2

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Ormat Technologies are ranked lower than 2 (%) of all global equities and portfolios over the last 30 days.

Ormat Technologies Alerts

Equity Alerts and Improvement Suggestions

Ormat Technologies is not yet fully synchronised with the market data
Ormat Technologies has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations

Ormat Technologies Performance Indicators

Ormat Technologies Basic Price Performance Measures

Quick Ratio0.65
Fifty Two Week Low20,940.00
Fifty Two Week High21,290.00
Additionally take a look at Your Equity Center. Please also try Premium Stories module to follow macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Search macroaxis.com