Ormat Technologies (Israel) Price History

ORA Stock   23,650  950.00  4.19%   
If you're considering investing in Ormat Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ormat Technologies stands at 23,650, as last reported on the 23rd of April, with the highest price reaching 23,760 and the lowest price hitting 23,320 during the day. Ormat Technologies maintains Sharpe Ratio (i.e., Efficiency) of -0.0322, which implies the firm had a -0.0322% return per unit of risk over the last 3 months. Ormat Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ormat Technologies' Risk Adjusted Performance of (0.07), coefficient of variation of (840.25), and Variance of 3.4 to confirm the risk estimate we provide.
  
Ormat Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0322

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Estimated Market Risk

 1.91
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Ormat Technologies 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 Ormat Technologies by adding Ormat Technologies to a well-diversified portfolio.

Ormat Technologies Stock Price History Chart

There are several ways to analyze Ormat Stock price data. The simplest method is using a basic Ormat candlestick price chart, which shows Ormat Technologies price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceJanuary 4, 202427136.08
Lowest PriceApril 16, 202422540.0

Ormat Technologies April 23, 2024 Stock Price Synopsis

Various analyses of Ormat Technologies' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Ormat Stock. It can be used to describe the percentage change in the price of Ormat Technologies from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Ormat Stock.
Ormat Technologies Price Daily Balance Of Power 2.16 
Ormat Technologies Price Action Indicator 585.00 
Ormat Technologies Price Rate Of Daily Change 1.04 

Ormat Technologies April 23, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Ormat Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Ormat Technologies intraday prices and daily technical indicators to check the level of noise trading in Ormat Stock and then apply it to test your longer-term investment strategies against Ormat.

Ormat Stock Price History Data

The price series of Ormat Technologies for the period between Wed, Jan 24, 2024 and Tue, Apr 23, 2024 has a statistical range of 5505.61 with a coefficient of variation of 5.73. The daily prices for the period are spread out with arithmetic mean of 24540.76. The median price for the last 90 days is 24047.66. The company issued dividends to stockholders on 2022-11-16.
OpenHighLowCloseVolume
04/23/2024
 23,750  23,760  23,320  23,650 
04/18/2024 23,750  23,760  23,320  23,650  99,343 
04/17/2024 22,670  23,070  22,390  22,700  89,799 
04/16/2024 22,700  23,030  22,500  22,540  70,950 
04/15/2024 24,400  24,440  23,160  23,200  103,046 
04/11/2024 24,060  24,540  24,010  24,250  82,631 
04/10/2024 24,400  24,760  23,810  24,060  54,424 
04/09/2024 23,810  24,360  23,750  24,360  88,293 
04/08/2024 23,690  23,940  23,510  23,860  69,126 
04/04/2024 23,610  24,220  23,510  24,100  141,554 
04/03/2024 23,500  23,920  23,500  23,920  39,552 
04/02/2024 23,870  24,030  23,550  23,670  80,487 
04/01/2024 24,060  24,350  23,810  23,870  44,272 
03/28/2024 24,650  24,650  24,260  24,320  215,652 
03/27/2024 23,900  24,330  23,900  24,200  29,639 
03/26/2024 24,180  24,180  23,760  24,020  58,250 
03/25/2024 24,030  24,360  23,970  24,140  29,608 
03/21/2024 24,490  24,700  23,640  24,030  87,925 
03/20/2024 23,650  23,850  23,500  23,790  47,427 
03/19/2024 23,210  23,600  23,040  23,600  70,411 
03/18/2024 23,300  23,460  23,000  23,300  69,992 
03/14/2024 23,600  23,680  23,220  23,380  95,573 
03/13/2024 24,160  24,250  23,550  23,820  82,717 
03/12/2024 24,850  24,850  23,950  24,100  94,269 
03/11/2024 24,480  25,180  24,480  24,850  67,055 
03/07/2024 23,280  23,550  23,100  23,330  84,358 
03/06/2024 23,300  23,460  23,180  23,450  29,636 
03/05/2024 23,450  23,730  23,400  23,400  52,655 
03/04/2024 23,190  23,650  23,080  23,320  83,645 
02/29/2024 23,170  23,650  23,010  23,208  43,767 
02/28/2024 23,500  23,500  23,110  23,158  44,404 
02/26/2024 23,290  23,790  23,200  23,488  63,964 
02/22/2024 24,330  24,730  22,880  23,228  232,162 
02/21/2024 24,500  24,560  24,070  24,318  66,886 
02/20/2024 24,240  24,650  24,080  24,637  65,528 
02/19/2024 24,450  24,450  23,910  24,218  36,333 
02/15/2024 23,790  24,180  23,650  24,048  51,429 
02/14/2024 23,510  23,820  23,510  23,808  25,196 
02/13/2024 24,740  24,740  23,600  23,648  71,403 
02/12/2024 24,120  24,400  23,850  24,377  39,050 
02/08/2024 23,790  24,030  23,650  23,758  76,603 
02/07/2024 23,740  24,210  23,730  23,928  105,169 
02/06/2024 23,510  23,740  23,160  23,728  85,218 
02/05/2024 24,030  24,140  23,380  23,448  46,479 
02/01/2024 23,520  24,180  23,520  23,998  443,705 
01/31/2024 24,000  24,140  23,768  23,768  61,082 
01/30/2024 24,140  24,310  23,930  23,988  55,467 
01/29/2024 24,120  24,350  23,700  23,948  56,512 
01/25/2024 24,250  24,750  24,100  24,298  194,329 
01/24/2024 25,010  25,120  24,607  24,607  56,910 
01/23/2024 25,250  25,640  25,160  25,167  54,981 
01/22/2024 25,200  25,760  25,150  25,607  49,283 
01/18/2024 25,040  25,300  24,810  24,957  36,797 
01/17/2024 25,220  25,320  24,820  25,147  40,319 
01/16/2024 26,000  26,330  25,760  25,777  28,654 
01/15/2024 26,140  26,270  26,010  26,077  15,768 
01/11/2024 26,720  26,880  25,980  25,987  55,886 
01/10/2024 27,060  27,350  26,860  26,966  26,534 
01/09/2024 27,060  27,250  26,930  27,016  157,762 
01/08/2024 26,940  27,250  26,830  27,046  36,865 
01/04/2024 27,740  27,740  27,136  27,136  36,402 

About Ormat Technologies Stock history

Ormat Technologies 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 Ormat is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ormat Technologies 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 Ormat Technologies stock prices may prove useful in developing a viable investing in Ormat Technologies
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, New Zealand, and internationally. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada. ORMAT TECHNOLOGIES operates under Utilities - Independent Power Producers classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 1346 people.

Ormat Technologies Stock Technical Analysis

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

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Ormat Technologies Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ormat Technologies' price direction in advance. Along with the technical and fundamental analysis of Ormat Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ormat 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 Ormat Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ormat Technologies' 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 Ormat Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ormat Technologies Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ormat Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.
Note that the Ormat Technologies information on this page should be used as a complementary analysis to other Ormat Technologies' 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Ormat Technologies' price analysis, check to measure Ormat Technologies' 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 Ormat Technologies is operating at the current time. Most of Ormat Technologies' value examination focuses on studying past and present price action to predict the probability of Ormat Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ormat Technologies' price. Additionally, you may evaluate how the addition of Ormat Technologies to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Ormat Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ormat Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ormat Technologies' 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.