Orica Limited Stock Analysis

Orica Pink Sheet Analysis Notes

About 56.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.55. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Orica Limited last dividend was issued on the 18th of November 2022. Orica Limited manufactures and sells commercial explosives and blasting systems in Australia, the United States, and internationally. The company was founded in 1874 and is headquartered in East Melbourne, Australia. Orica operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 13000 people.The quote for Orica Limited is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Orica Limited contact Sanjeev MBA at 61 3 9665 7111 or learn more at https://www.orica.com.

Orica Limited Investment Alerts

Orica Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.73 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Orica's market, we take the total number of its shares issued and multiply it by Orica's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Orica Profitablity

The company has Profit Margin (PM) of 0.01 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.07 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.07.

Technical Drivers

As of the 23rd of April, Orica holds the Variance of 0.5981, coefficient of variation of 812.4, and Risk Adjusted Performance of 0.0778. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Orica, 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 eleven technical drivers for Orica Limited, which can be compared to its competitors. Please check Orica Limited standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Orica Limited is priced some-what accurately, providing market reflects its current price of 10.15 per share. Given that Orica has variance of 0.5981, we recommend you to check out Orica Limited's recent market performance to make sure the company can sustain itself at a future point.

Orica Limited Price Movement Analysis

Orica Predictive Daily Indicators

Orica Forecast Models

Orica's time-series forecasting models are one of many Orica's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Orica's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Orica prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Orica shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Orica. By using and applying Orica Pink Sheet analysis, traders can create a robust methodology for identifying Orica entry and exit points for their positions.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orica Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Orica Limited information on this page should be used as a complementary analysis to other Orica'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

When running Orica's price analysis, check to measure Orica'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 Orica is operating at the current time. Most of Orica's value examination focuses on studying past and present price action to predict the probability of Orica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orica's price. Additionally, you may evaluate how the addition of Orica to your portfolios can decrease your overall portfolio volatility.