Organigram Holdings Stock Price on October 31, 2024
| OGI Stock | USD 1.58 0.06 3.95% |
Below is the normalized historical share price chart for OrganiGram Holdings extending back to August 27, 2014. 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 OrganiGram Holdings stands at 1.58, as last reported on the 25th of November, with the highest price reaching 1.62 and the lowest price hitting 1.54 during the day.
If you're considering investing in OrganiGram Stock, it is important to understand the factors that can impact its price. OrganiGram Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.0999, which implies the firm had a -0.0999% return per unit of risk over the last 3 months. OrganiGram Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OrganiGram Holdings' Variance of 7.65, coefficient of variation of (836.01), and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide.
As of now, OrganiGram Holdings' Common Stock is increasing as compared to previous years. . The OrganiGram Holdings' current Price Earnings To Growth Ratio is estimated to increase to 0.35, while Price To Sales Ratio is projected to decrease to 2.86. OrganiGram Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of August 2014 | 200 Day MA 1.8199 | 50 Day MA 1.7182 | Beta 1.128 |
OrganiGram |
Sharpe Ratio = -0.0999
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| Negative Returns | OGI |
Estimated Market Risk
| 2.57 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OrganiGram Holdings is not performing at its full potential. However, 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 OrganiGram Holdings by adding OrganiGram Holdings to a well-diversified portfolio.
Price Book 0.7799 | Enterprise Value Ebitda 9.2697 | Price Sales 1.119 | Shares Float 72.5 M | Wall Street Target Price 8.8 |
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OrganiGram Holdings Valuation on October 31, 2024
It is possible to determine the worth of OrganiGram Holdings on a given historical date. On October 31, 2024 OrganiGram was worth 1.76 at the beginning of the trading date compared to the closed value of 1.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OrganiGram Holdings stock. Still, in general, we apply an absolute valuation method to find OrganiGram Holdings' 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 OrganiGram Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OrganiGram Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 1.82 | 1.88 | 1.77 | 1.78 | 352,235 | |
10/31/2024 | 1.76 | 1.78 | 1.70 | 1.71 | 378,333 |
| 1.73 | 1.76 | 1.71 | 1.73 | 321,307 |
| Backtest OrganiGram Holdings | | | OrganiGram Holdings History | | | OrganiGram Holdings Valuation | Previous | Next |
OrganiGram Holdings Trading Date Momentum on October 31, 2024
| On November 01 2024 OrganiGram Holdings was traded for 1.73 at the closing time. Highest OrganiGram Holdings's price during the trading hours was 1.76 and the lowest price during the day was 1.71 . The net volume was 321.3 K. The overall trading history on the 1st of November contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 1.17% . The trading delta at closing time to current price is 7.02% . |
OrganiGram Holdings Fundamentals Correlations and Trends
By evaluating OrganiGram Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among OrganiGram Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OrganiGram financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OrganiGram Holdings Stock history
OrganiGram Holdings 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 OrganiGram is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OrganiGram Holdings 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 OrganiGram Holdings stock prices may prove useful in developing a viable investing in OrganiGram Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 93.5 M | 98.2 M | |
| Net Loss | -206.5 M | -196.2 M |
OrganiGram Holdings Quarterly Net Working Capital |
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OrganiGram Holdings Stock Technical Analysis
OrganiGram Holdings 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
OrganiGram Holdings Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
OrganiGram Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
OrganiGram Holdings November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how OrganiGram Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OrganiGram Holdings shares will generate the highest return on investment. By undertsting and applying OrganiGram Holdings stock market strength indicators, traders can identify OrganiGram Holdings entry and exit signals to maximize returns
OrganiGram Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OrganiGram Holdings' price direction in advance. Along with the technical and fundamental analysis of OrganiGram Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OrganiGram 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 | (0.08) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | (1.40) |
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Complementary Tools for OrganiGram Stock analysis
When running OrganiGram Holdings' price analysis, check to measure OrganiGram Holdings' 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 OrganiGram Holdings is operating at the current time. Most of OrganiGram Holdings' value examination focuses on studying past and present price action to predict the probability of OrganiGram Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OrganiGram Holdings' price. Additionally, you may evaluate how the addition of OrganiGram Holdings to your portfolios can decrease your overall portfolio volatility.
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