OrganiGram Intangible Assets from 2010 to 2026
| OGI Stock | CAD 1.96 0.03 1.51% |
Intangible Assets | First Reported 2018-12-31 | Previous Quarter 48.5 M | Current Value 46.7 M | Quarterly Volatility 20.6 M |
Check OrganiGram Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OrganiGram Holdings' main balance sheet or income statement drivers, such as Interest Expense of 303.5 K, Selling General Administrative of 67.4 M or Other Operating Expenses of 419.6 M, as well as many indicators such as Price To Sales Ratio of 2.86, Dividend Yield of 0.0 or PTB Ratio of 0.82. OrganiGram financial statements analysis is a perfect complement when working with OrganiGram Holdings Valuation or Volatility modules.
OrganiGram | Intangible Assets |
Evaluating OrganiGram Holdings's Intangible Assets across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into OrganiGram Holdings's fundamental strength.
Latest OrganiGram Holdings' Intangible Assets Growth Pattern
Below is the plot of the Intangible Assets of OrganiGram Holdings over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. OrganiGram Holdings' Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OrganiGram Holdings' overall financial position and show how it may be relating to other accounts over time.
| Intangible Assets | 10 Years Trend |
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Intangible Assets |
| Timeline |
OrganiGram Intangible Assets Regression Statistics
| Arithmetic Mean | 12,578,275 | |
| Geometric Mean | 4,175,478 | |
| Coefficient Of Variation | 161.71 | |
| Mean Deviation | 14,920,304 | |
| Median | 1,498,000 | |
| Standard Deviation | 20,340,363 | |
| Sample Variance | 413.7T | |
| Range | 57.1M | |
| R-Value | 0.75 | |
| Mean Square Error | 194.4T | |
| R-Squared | 0.56 | |
| Significance | 0.0006 | |
| Slope | 3,012,808 | |
| Total Sum of Squares | 6619.7T |
OrganiGram Intangible Assets History
About OrganiGram Holdings Financial Statements
OrganiGram Holdings investors utilize fundamental indicators, such as Intangible Assets, to predict how OrganiGram Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Intangible Assets | 55.8 M | 58.6 M |
Pair Trading with OrganiGram Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OrganiGram Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OrganiGram Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against OrganiGram Stock
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The ability to find closely correlated positions to OrganiGram Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OrganiGram Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OrganiGram Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OrganiGram Holdings to buy it.
The correlation of OrganiGram Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OrganiGram Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OrganiGram Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for OrganiGram Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of OrganiGram Holdings Correlation against competitors. To learn how to invest in OrganiGram Stock, please use our How to Invest in OrganiGram Holdings guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.