Ormat Technologies (Israel) Performance

ORA -- Israel Stock  

ILS 20,410  140.00  0.68%

Ormat Technologies has performance score of 9 on a scale of 0 to 100. The organization holds Beta of 0.5702 which implies as returns on market increase, Ormat Technologies returns are expected to increase less than the market. However during bear market, the loss on holding Ormat Technologies will be expected to be smaller as well. 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 0.0796% will be sustainable into the future. Ormat Technologies right now holds a risk of 0.6002%. 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.
9

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Ormat Technologies are ranked lower than 9 (%) of all global equities and portfolios over the last 30 days. Despite somewhat strong basic indicators, Ormat Technologies is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
Quick Ratio0.82
Fifty Two Week Low19,850.00
Fifty Two Week High20,120.00
Payout Ratio5.21%
Horizon     30 Days    Login   to change

Ormat Technologies Relative Risk vs. Return Landscape

If you would invest  2,022,000  in Ormat Technologies on March 26, 2019 and sell it today you would earn a total of  19,000  from holding Ormat Technologies or generate 0.94% return on investment over 30 days. Ormat Technologies is generating 0.0796% of daily returns assuming 0.6002% volatility of returns over the 30 days investment horizon. Simply put, 5% of all equities have less volatile historical return distribution than Ormat Technologies and 99% 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 1.03 times more return on investment than the market. However, the company is 1.03 times more volatile than its market benchmark. It trades about 0.13 of its potential returns per unit of risk. The DOW is currently generating roughly 0.08 per unit of risk.

Ormat Technologies Market Risk Analysis

Sharpe Ratio = 0.1326
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Ormat Technologies Relative Performance Indicators

Estimated Market Risk
 0.6
  actual daily
 
 5 %
of total potential
 
5
Expected Return
 0.08
  actual daily
 
 1 %
of total potential
 
1
Risk-Adjusted Return
 0.13
  actual daily
 
 9 %
of total potential
 
9
Based on monthly moving average Ormat Technologies is performing at about 9% 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 Alerts

Equity Alerts and Improvement Suggestions

Ormat Technologies has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Additionally take a look at Your Equity Center. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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