Oceanagold Stock Price on January 31, 2024
| OGC Stock | CAD 4.33 0.01 0.23% |
Below is the normalized historical share price chart for OceanaGold extending back to June 27, 2007. 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 OceanaGold stands at 4.33, as last reported on the 27th of November, with the highest price reaching 4.36 and the lowest price hitting 4.28 during the day.
If you're considering investing in OceanaGold Stock, it is important to understand the factors that can impact its price. OceanaGold appears to be moderately volatile, given 3 months investment horizon. OceanaGold maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for OceanaGold, which you can use to evaluate the volatility of the company. Please evaluate OceanaGold's Risk Adjusted Performance of 0.1099, semi deviation of 1.94, and Coefficient Of Variation of 743.55 to confirm if our risk estimates are consistent with your expectations.
At this time, OceanaGold's Other Stockholder Equity is very stable compared to the past year. As of the 27th of November 2024, Capital Stock is likely to grow to about 1.3 B, while Total Stockholder Equity is likely to drop about 1 B. . At this time, OceanaGold's Price Earnings Ratio is very stable compared to the past year. As of the 27th of November 2024, Price Book Value Ratio is likely to grow to 1.30, while Price To Sales Ratio is likely to drop 1.25. OceanaGold Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3.3601 | 50 Day MA 3.9634 | Beta 1.61 |
OceanaGold |
Sharpe Ratio = 0.1444
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.65 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average OceanaGold is performing at about 11% 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 OceanaGold by adding it to a well-diversified portfolio.
Price Book 1.2335 | Enterprise Value Ebitda 5.5263 | Price Sales 2.7099 | Shares Float 705.9 M | Dividend Share 0.02 |
OceanaGold Valuation on January 31, 2024
It is possible to determine the worth of OceanaGold on a given historical date. On January 31, 2024 OceanaGold was worth 2.72 at the beginning of the trading date compared to the closed value of 2.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OceanaGold stock. Still, in general, we apply an absolute valuation method to find OceanaGold'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 OceanaGold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OceanaGold's related companies.
| Open | High | Low | Close | Volume | |
| 2.70 | 2.73 | 2.64 | 2.70 | 579,000 | |
01/31/2024 | 2.72 | 2.73 | 2.62 | 2.67 | 1,129,400 |
| 2.69 | 2.83 | 2.67 | 2.82 | 1,289,300 |
| Backtest OceanaGold | | | OceanaGold History | | | OceanaGold Valuation | Previous | Next |
OceanaGold Trading Date Momentum on January 31, 2024
| On February 01 2024 OceanaGold was traded for 2.82 at the closing time. The maximum traded price for the trading interval was 2.83 and the lowest daily price was 2.67 . The daily volume was recorded at 1.3 M. The volume of trading on 1st of February 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 5.62% . The trading delta at closing time to the closing price today is 1.87% . |
OceanaGold Fundamentals Correlations and Trends
By evaluating OceanaGold'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 OceanaGold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OceanaGold financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OceanaGold Stock history
OceanaGold 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 OceanaGold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OceanaGold 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 OceanaGold stock prices may prove useful in developing a viable investing in OceanaGold
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 722.6 M | 450.6 M | |
| Net Income Applicable To Common Shares | 119.3 M | 125.3 M |
OceanaGold Stock Technical Analysis
OceanaGold 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
OceanaGold Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
OceanaGold cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
OceanaGold November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how OceanaGold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OceanaGold shares will generate the highest return on investment. By undertsting and applying OceanaGold stock market strength indicators, traders can identify OceanaGold entry and exit signals to maximize returns
OceanaGold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OceanaGold's price direction in advance. Along with the technical and fundamental analysis of OceanaGold Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OceanaGold 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 | 0.1099 | |||
| Jensen Alpha | 0.407 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1023 | |||
| Treynor Ratio | (0.68) |
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Other Information on Investing in OceanaGold Stock
OceanaGold financial ratios help investors to determine whether OceanaGold Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in OceanaGold with respect to the benefits of owning OceanaGold security.