Ormat Technologies (Israel) Buy Hold or Sell Recommendation

ORA Stock   24,320  120.00  0.50%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Ormat Technologies is 'Strong Sell'. Macroaxis provides Ormat Technologies buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ORA positions. The advice algorithm takes into account all of Ormat Technologies' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Ormat Technologies' buy or sell advice are summarized below:
Real Value
21 K
Hype Value
24.3 K
Market Value
24.3 K
Naive Value
24.6 K
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Ormat Technologies given historical horizon and risk tolerance towards Ormat Technologies. When Macroaxis issues a 'buy' or 'sell' recommendation for Ormat Technologies, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Ormat Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.
In addition, we conduct extensive research on individual companies such as Ormat and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards 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.

Execute Ormat Technologies Buy or Sell Advice

The Ormat recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ormat Technologies. Macroaxis does not own or have any residual interests in Ormat Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ormat Technologies' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Ormat TechnologiesBuy Ormat Technologies
Strong Sell

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Almost neglects market trendsDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Ormat Technologies has a Mean Deviation of 1.44, Standard Deviation of 2.13 and Variance of 4.52
Macroaxis provides advice on Ormat Technologies to complement and cross-verify current analyst consensus on Ormat Technologies. Our recommendation engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Ormat Technologies is not overpriced, please check all Ormat Technologies fundamentals, including its cash per share, earnings per share, and the relationship between the ebitda and current ratio .

Ormat Technologies Trading Alerts and Improvement Suggestions

Ormat Technologies generated a negative expected return over the last 90 days
Ormat Technologies has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Over 89.0% of the company shares are owned by institutional investors

Ormat Technologies Returns Distribution Density

The distribution of Ormat Technologies' historical returns is an attempt to chart the uncertainty of Ormat Technologies' future price movements. The chart of the probability distribution of Ormat Technologies daily returns describes the distribution of returns around its average expected value. We use Ormat Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ormat Technologies returns is essential to provide solid investment advice for Ormat Technologies.
Mean Return
-0.09
Value At Risk
-3.02
Potential Upside
2.60
Standard Deviation
2.13
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ormat Technologies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Ormat Technologies Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Ormat Technologies or Utilities sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Ormat Technologies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Ormat stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.05
β
Beta against NYSE Composite-0.39
σ
Overall volatility
1.78
Ir
Information ratio -0.1

Ormat Technologies Volatility Alert

Ormat Technologies exhibits very low volatility with skewness of 1.77 and kurtosis of 7.47. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ormat Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ormat Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Ormat Technologies Fundamentals Vs Peers

Comparing Ormat Technologies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Ormat Technologies' direct or indirect competition across all of the common fundamentals between Ormat Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ormat Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ormat Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Ormat Technologies by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Ormat Technologies to competition
FundamentalsOrmat TechnologiesPeer Average
Return On Equity0.0401-0.31
Return On Asset0.0252-0.14
Profit Margin0.09 %(1.27) %
Operating Margin0.25 %(5.51) %
Current Valuation23.51 B16.62 B
Shares Outstanding56.09 M571.82 M
Shares Owned By Insiders0.23 %10.09 %
Shares Owned By Institutions89.20 %39.21 %
Price To Book2.75 X9.51 X
Price To Sales24.30 X11.42 X
Revenue663.08 M9.43 B
Gross Profit248.79 M27.38 B
EBITDA186.21 M3.9 B
Net Income62.09 M570.98 M
Cash And Equivalents79.37 M2.7 B
Cash Per Share1.56 X5.01 X
Total Debt1.52 B5.32 B
Debt To Equity87.30 %48.70 %
Current Ratio1.57 X2.16 X
Book Value Per Share32.95 X1.93 K
Cash Flow From Operations258.82 M971.22 M
Earnings Per Share4.11 X3.12 X
Price To Earnings To Growth5.19 X4.89 X
Number Of Employees1.39 K18.84 K
Beta0.49-0.15
Market Capitalization18.27 B19.03 B
Total Asset4.43 B29.47 B
Z Score7.28.72
Annual Yield0.01 %
Net Asset4.43 B
Last Dividend Paid0.48

Ormat Technologies Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ormat . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Ormat Technologies Buy or Sell Advice

When is the right time to buy or sell Ormat Technologies? Buying financial instruments such as Ormat Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Ormat Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Investing Thematic Idea Now

Investing
Investing Theme
Companies involved in money management and investment banking services. The Investing theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Investing Theme or any other thematic opportunities.
View All  Next Launch
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 Ormat Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Ormat Stock analysis

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.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
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.