ORMAT TECHNOLOGIES (Germany) Performance
| HNM Stock | 68.94 0.04 0.06% |
On a scale of 0 to 100, ORMAT TECHNOLOGIES holds a performance score of 12. The company holds a Beta of 0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, ORMAT TECHNOLOGIES's returns are expected to increase less than the market. However, during the bear market, the loss of holding ORMAT TECHNOLOGIES is expected to be smaller as well. Please check ORMAT TECHNOLOGIES's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether ORMAT TECHNOLOGIES's historical price patterns will revert.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in ORMAT TECHNOLOGIES are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, ORMAT TECHNOLOGIES unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 343.4 M |
ORMAT |
ORMAT TECHNOLOGIES Relative Risk vs. Return Landscape
If you would invest 5,874 in ORMAT TECHNOLOGIES on March 19, 2024 and sell it today you would earn a total of 1,020 from holding ORMAT TECHNOLOGIES or generate 17.36% return on investment over 90 days. ORMAT TECHNOLOGIES is generating 0.336% of daily returns and assumes 2.0731% volatility on return distribution over the 90 days horizon. Simply put, 18% of stocks are less volatile than ORMAT, and 94% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
ORMAT TECHNOLOGIES Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ORMAT TECHNOLOGIES's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ORMAT TECHNOLOGIES, and traders can use it to determine the average amount a ORMAT TECHNOLOGIES's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1621
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HNM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.07 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average ORMAT TECHNOLOGIES is performing at about 12% 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 Fundamentals Growth
ORMAT Stock prices reflect investors' perceptions of the future prospects and financial health of ORMAT TECHNOLOGIES, and ORMAT TECHNOLOGIES fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ORMAT Stock performance.
| Current Valuation | 6.46 B | |||
| Price To Book | 2.67 X | |||
| Price To Sales | 7.07 X | |||
| Revenue | 734.16 M | |||
| EBITDA | 183.35 M | |||
| Total Debt | 1.84 B | |||
| Cash Flow From Operations | 258.82 M | |||
| Total Asset | 4.61 B | |||
About ORMAT TECHNOLOGIES Performance
To evaluate ORMAT TECHNOLOGIES Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when ORMAT TECHNOLOGIES generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare ORMAT Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand ORMAT TECHNOLOGIES market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents ORMAT's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Things to note about ORMAT TECHNOLOGIES performance evaluation
Checking the ongoing alerts about ORMAT TECHNOLOGIES for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ORMAT TECHNOLOGIES help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating ORMAT TECHNOLOGIES's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate ORMAT TECHNOLOGIES's stock performance include:- Analyzing ORMAT TECHNOLOGIES's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ORMAT TECHNOLOGIES's stock is overvalued or undervalued compared to its peers.
- Examining ORMAT TECHNOLOGIES's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ORMAT TECHNOLOGIES's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ORMAT TECHNOLOGIES's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ORMAT TECHNOLOGIES's stock. These opinions can provide insight into ORMAT TECHNOLOGIES's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for ORMAT Stock Analysis
When running ORMAT TECHNOLOGIES's price analysis, check to measure ORMAT TECHNOLOGIES'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 ORMAT TECHNOLOGIES is operating at the current time. Most of ORMAT TECHNOLOGIES's value examination focuses on studying past and present price action to predict the probability of ORMAT TECHNOLOGIES's 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's price. Additionally, you may evaluate how the addition of ORMAT TECHNOLOGIES to your portfolios can decrease your overall portfolio volatility.