Orchid Island Capital Stock Price on February 2, 2024
| ORC Stock | USD 8.60 0.02 0.23% |
Below is the normalized historical share price chart for Orchid Island Capital extending back to February 14, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Orchid Island stands at 8.60, as last reported on the 16th of May 2024, with the highest price reaching 8.60 and the lowest price hitting 8.60 during the day.
If you're considering investing in Orchid Stock, it is important to understand the factors that can impact its price. We consider Orchid Island not too volatile. Orchid Island Capital maintains Sharpe Ratio (i.e., Efficiency) of 0.0805, which implies the firm had a 0.0805% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Orchid Island Capital, which you can use to evaluate the volatility of the company. Please check Orchid Island's Risk Adjusted Performance of 0.074, semi deviation of 1.79, and Coefficient Of Variation of 926.28 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
At present, Orchid Island's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 892.3 M, whereas Total Stockholder Equity is forecasted to decline to about 327.5 M. . At present, Orchid Island's Price To Operating Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 49.38, whereas Price To Sales Ratio is forecasted to decline to 2.31. Orchid Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of February 2013 | 200 Day MA 8.4011 | 50 Day MA 8.5796 | Beta 1.822 |
Orchid |
Sharpe Ratio = 0.0805
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| Cash | Small Risk | ORC | High Risk | Huge Risk |
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Estimated Market Risk
| 1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Orchid Island is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Orchid Island by adding it to a well-diversified portfolio.
Price Book 0.9458 | Price Sales 57.7132 | Shares Float 52.8 M | Dividend Share 1.68 | Wall Street Target Price 21.25 |
Orchid Island Valuation on February 2, 2024
It is possible to determine the worth of Orchid Island on a given historical date. On February 2, 2024 Orchid was worth 8.29 at the beginning of the trading date compared to the closed value of 8.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Orchid Island stock. Still, in general, we apply an absolute valuation method to find Orchid Island's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Orchid Island where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Orchid Island's related companies.
| Open | High | Low | Close | Volume | |
| 8.00 | 8.28 | 7.93 | 7.93 | 1,451,050 | |
02/02/2024 | 8.29 | 8.63 | 8.11 | 8.23 | 3,818,946 |
| 8.44 | 8.45 | 7.90 | 7.90 | 1,371,402 |
| Backtest Orchid Island | | | Orchid Island History | | | Orchid Island Valuation | Previous | Next |
Orchid Island Trading Date Momentum on February 2, 2024
| On February 05 2024 Orchid Island Capital was traded for 7.90 at the closing time. Highest Orchid Island's price during the trading hours was 8.45 and the lowest price during the day was 7.90 . The net volume was 1.4 M. The overall trading history on the 5th of February contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 4.01% . The trading delta at closing time to current price is 0.00% . |
Orchid Island Capital Fundamentals Correlations and Trends
By evaluating Orchid Island's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Orchid Island's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Orchid financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Orchid Island Stock history
Orchid Island investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Orchid is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Orchid Island Capital will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Orchid Island stock prices may prove useful in developing a viable investing in Orchid Island
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 44.6 M | 46.9 M | |
| Net Loss | -232.6 M | -221 M |
Orchid Island Stock Technical Analysis
Orchid Island 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.
Price Boundaries
Orchid Island Period Price Range
Low | February 2, 2024
| High |
8.29 | 8.23 |
Orchid Island May 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Orchid Island stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Orchid Island shares will generate the highest return on investment. By undertsting and applying Orchid Island stock market strength indicators, traders can identify Orchid Island Capital entry and exit signals to maximize returns
| Accumulation Distribution | 230110.0 | |||
| Daily Balance Of Power | (0.12) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 8.37 | |||
| Day Typical Price | 8.32 | |||
| Price Action Indicator | (0.17) | |||
| Period Momentum Indicator | 0.37 |
Orchid Island Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Orchid Island's price direction in advance. Along with the technical and fundamental analysis of Orchid Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Orchid to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.074 | |||
| Jensen Alpha | 0.2206 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0481 | |||
| Treynor Ratio | (0.33) |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orchid Island Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Orchid Stock analysis
When running Orchid Island's price analysis, check to measure Orchid Island'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 Orchid Island is operating at the current time. Most of Orchid Island's value examination focuses on studying past and present price action to predict the probability of Orchid Island's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orchid Island's price. Additionally, you may evaluate how the addition of Orchid Island to your portfolios can decrease your overall portfolio volatility.
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Is Orchid Island'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 Orchid Island. If investors know Orchid 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 Orchid Island 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 3.179 | Dividend Share 1.68 | Earnings Share (0.60) | Revenue Per Share (0.12) | Quarterly Revenue Growth 1.755 |
The market value of Orchid Island Capital is measured differently than its book value, which is the value of Orchid that is recorded on the company's balance sheet. Investors also form their own opinion of Orchid Island's value that differs from its market value or its book value, called intrinsic value, which is Orchid Island'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 Orchid Island's market value can be influenced by many factors that don't directly affect Orchid Island'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 Orchid Island's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orchid Island is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orchid Island'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.