Orion Energy Systems Stock Technical Analysis
| OESX Stock | USD 0.90 0.03 3.45% |
As of the 18th of April 2024, Orion Energy holds the Risk Adjusted Performance of (0.03), variance of 12.1, and Coefficient Of Variation of (1,704). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Orion Energy, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We are able to interpolate and collect thirteen technical drivers for Orion Energy Systems, which can be compared to its competitors. Please check Orion Energy Systems standard deviation and potential upside to decide if Orion Energy Systems is priced some-what accurately, providing market reflects its current price of 0.9 per share. Given that Orion Energy is a hitting penny stock territory we advise to closely look at its jensen alpha.
Orion Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Orion, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OrionOrion |
Orion Energy Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 4.0 | Strong Buy | 2 | Odds |
Most Orion analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Orion stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Orion Energy Systems, talking to its executives and customers, or listening to Orion conference calls.
Orion Energy 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.
Orion Energy Systems Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Orion Energy Systems volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Orion Energy Systems Trend Analysis
Use this graph to draw trend lines for Orion Energy Systems. You can use it to identify possible trend reversals for Orion Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Orion Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Orion Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Orion Energy Systems applied against its price change over selected period. The best fit line has a slop of 0.004 , which may suggest that Orion Energy Systems market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.6, which is the sum of squared deviations for the predicted Orion Energy price change compared to its average price change.About Orion Energy Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Orion Energy Systems on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Orion Energy Systems based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Orion Energy Systems price pattern first instead of the macroeconomic environment surrounding Orion Energy Systems. By analyzing Orion Energy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Orion Energy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Orion Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.009794 | 0.009304 | Price To Sales Ratio | 0.96 | 0.91 |
Orion Energy April 18, 2024 Technical Indicators
Most technical analysis of Orion help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Orion from various momentum indicators to cycle indicators. When you analyze Orion charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.40) | |||
| Mean Deviation | 2.28 | |||
| Coefficient Of Variation | (1,704) | |||
| Standard Deviation | 3.48 | |||
| Variance | 12.1 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.41) | |||
| Maximum Drawdown | 27.91 | |||
| Value At Risk | (4.40) | |||
| Potential Upside | 3.6 | |||
| Skewness | 1.84 | |||
| Kurtosis | 10.83 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Energy Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Orion Stock analysis
When running Orion Energy's price analysis, check to measure Orion Energy'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 Orion Energy is operating at the current time. Most of Orion Energy's value examination focuses on studying past and present price action to predict the probability of Orion Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orion Energy's price. Additionally, you may evaluate how the addition of Orion Energy to your portfolios can decrease your overall portfolio volatility.
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Is Orion Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Orion Energy. If investors know Orion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Orion Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.75) | Earnings Share (0.56) | Revenue Per Share 2.647 | Quarterly Revenue Growth 0.28 | Return On Assets (0.13) |
The market value of Orion Energy Systems is measured differently than its book value, which is the value of Orion that is recorded on the company's balance sheet. Investors also form their own opinion of Orion Energy's value that differs from its market value or its book value, called intrinsic value, which is Orion Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Orion Energy's market value can be influenced by many factors that don't directly affect Orion Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Orion Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orion Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orion Energy's 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.