OrangePL is selling at 7.61 as of the 21st of November 2024; that is 0.13 percent up since the beginning of the trading day. The stock's lowest day price was 7.55. OrangePL has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for OrangePL are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Although OrangePL's alpha and beta are two of the key measurements used to evaluate OrangePL's performance over the market, the standard measures of volatility play an important role as well.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with OrangePL stock to make a market-neutral strategy. Peer analysis of OrangePL could also be used in its relative valuation, which is a method of valuing OrangePL by comparing valuation metrics with similar companies.
When running OrangePL's price analysis, check to measure OrangePL'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 OrangePL is operating at the current time. Most of OrangePL's value examination focuses on studying past and present price action to predict the probability of OrangePL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OrangePL's price. Additionally, you may evaluate how the addition of OrangePL to your portfolios can decrease your overall portfolio volatility.