Osisko Gold (UK) Probability of Future Stock Price Finishing Over 18.53
| 0VBE Stock | 18.53 1.35 6.79% |
Osisko |
Osisko Gold Target Price Odds to finish over 18.53
The tendency of Osisko Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 18.53 | 90 days | 18.53 | about 55.01 |
Based on a normal probability distribution, the odds of Osisko Gold to move above the current price in 90 days from now is about 55.01 (This Osisko Gold Royalties probability density function shows the probability of Osisko Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Osisko Gold has a beta of 0.32. This suggests as returns on the market go up, Osisko Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Osisko Gold Royalties will be expected to be much smaller as well. Additionally Osisko Gold Royalties has an alpha of 0.08, implying that it can generate a 0.08 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Osisko Gold Price Density |
| Price |
Predictive Modules for Osisko Gold
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Osisko Gold Royalties. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Osisko Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Osisko Gold is not an exception. The market had few large corrections towards the Osisko Gold's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Osisko Gold Royalties, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Osisko Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 0.32 | |
σ | Overall volatility | 1.35 | |
Ir | Information ratio | -0.001 |
Osisko Gold Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Osisko Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Osisko Gold Royalties can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Osisko Gold has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 247.32 M. Net Loss for the year was (48.34 M) with profit before overhead, payroll, taxes, and interest of 201.73 M. | |
| Over 81.0% of the company shares are owned by institutions such as pension funds |
Osisko Gold Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Osisko Stock often depends not only on the future outlook of the current and potential Osisko Gold's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Osisko Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 185.2 M | |
| Cash And Short Term Investments | 75.9 M |
Osisko Gold Technical Analysis
Osisko Gold's future price can be derived by breaking down and analyzing its technical indicators over time. Osisko Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Osisko Gold Royalties. In general, you should focus on analyzing Osisko Stock price patterns and their correlations with different microeconomic environments and drivers.
Osisko Gold Predictive Forecast Models
Osisko Gold's time-series forecasting models is one of many Osisko Gold's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Osisko Gold'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 stock market movement and maximize returns from investment trading.
Things to note about Osisko Gold Royalties
Checking the ongoing alerts about Osisko Gold for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Osisko Gold Royalties help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Osisko Gold has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 247.32 M. Net Loss for the year was (48.34 M) with profit before overhead, payroll, taxes, and interest of 201.73 M. | |
| Over 81.0% of the company shares are owned by institutions such as pension funds |
Additional Tools for Osisko Stock Analysis
When running Osisko Gold's price analysis, check to measure Osisko Gold'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 Osisko Gold is operating at the current time. Most of Osisko Gold's value examination focuses on studying past and present price action to predict the probability of Osisko Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osisko Gold's price. Additionally, you may evaluate how the addition of Osisko Gold to your portfolios can decrease your overall portfolio volatility.