The organization holds Beta of 0.0 which implies the returns on MARKET and OREN are completely uncorrelated. Although it is extremely important to respect OREN current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy in 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 inspecting OREN technical indicators you can now evaluate if the expected return of 0.0% will be sustainable into the future. OREN currently holds a risk of 0.0%. Please check OREN Downside Deviation, Standard Deviation, Information Ratio, as well as the relationship between Coefficient Of Variation and Variance to decide if OREN will be following its historical price patterns.
|Horizon||30 Days Login to change|
OREN Relative Risk vs. Return LandscapeIf you would invest 0.00 in OREN on February 20, 2019 and sell it today you would earn a total of 0.00 from holding OREN or generate 0.0% return on investment over 30 days. OREN is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than OREN and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
OREN Market Risk Analysis
Sharpe Ratio = 0.0
Risk-Adjusted PerformanceOver the last 30 days OREN has generated negative risk-adjusted returns adding no value to investors with long positions.