Orix Corporation Stock Technical Analysis
ORXCF Stock | USD 23.26 1.78 8.29% |
As of the 29th of March, ORIX holds the risk adjusted performance of 0.107, and Coefficient Of Variation of 556.74. Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of ORIX, 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 were able to break down thirteen technical drivers for ORIX, which can be compared to its competitors. Please check ORIX standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if ORIX is priced more or less accurately, providing market reflects its current price of 23.26 per share. Given that ORIX has information ratio of 0.1127, we recommend you to check out ORIX's recent market performance to make sure the company can sustain itself at some point in the future.
ORIX Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ORIX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ORIXORIX |
ORIX technical pink sheet 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, pink sheet market cycles, or different charting patterns.
ORIX Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 ORIX volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ORIX Trend Analysis
Use this graph to draw trend lines for ORIX Corporation. You can use it to identify possible trend reversals for ORIX 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 ORIX price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ORIX Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ORIX Corporation applied against its price change over selected period. The best fit line has a slop of 0.08 , which means ORIX Corporation will continue generating value for investors. It has 122 observation points and a regression sum of squares at 217.13, which is the sum of squared deviations for the predicted ORIX price change compared to its average price change.About ORIX 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 ORIX Corporation 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 ORIX Corporation based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ORIX price pattern first instead of the macroeconomic environment surrounding ORIX. By analyzing ORIX'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 ORIX'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 ORIX specific price patterns or momentum indicators. Please read more on our technical analysis page.
ORIX March 29, 2024 Technical Indicators
Most technical analysis of ORIX 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 ORIX from various momentum indicators to cycle indicators. When you analyze ORIX 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 | 0.107 | |||
Market Risk Adjusted Performance | 0.4646 | |||
Mean Deviation | 0.9783 | |||
Coefficient Of Variation | 556.74 | |||
Standard Deviation | 2.02 | |||
Variance | 4.06 | |||
Information Ratio | 0.1127 | |||
Jensen Alpha | 0.2553 | |||
Total Risk Alpha | (0.10) | |||
Treynor Ratio | 0.4546 | |||
Maximum Drawdown | 14.65 | |||
Value At Risk | (0.33) | |||
Potential Upside | 5.05 | |||
Skewness | 2.17 | |||
Kurtosis | 9.5 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ORIX Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the ORIX information on this page should be used as a complementary analysis to other ORIX's 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for ORIX Pink Sheet analysis
When running ORIX's price analysis, check to measure ORIX'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 ORIX is operating at the current time. Most of ORIX's value examination focuses on studying past and present price action to predict the probability of ORIX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ORIX's price. Additionally, you may evaluate how the addition of ORIX to your portfolios can decrease your overall portfolio volatility.
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