Origin Agritech Stock Price on February 20, 2024
SEED Stock | USD 2.57 0.12 4.46% |
Below is the normalized historical share price chart for Origin Agritech extending back to March 29, 2004. 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 Origin Agritech stands at 2.57, as last reported on the 29th of November, with the highest price reaching 2.81 and the lowest price hitting 2.57 during the day.
If you're considering investing in Origin Stock, it is important to understand the factors that can impact its price. At this point, Origin Agritech is very risky. Origin Agritech maintains Sharpe Ratio (i.e., Efficiency) of 0.0186, which implies the firm had a 0.0186% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Origin Agritech, which you can use to evaluate the volatility of the company. Please check Origin Agritech's Risk Adjusted Performance of (0.01), variance of 21.59, and Coefficient Of Variation of (4,662) to confirm if the risk estimate we provide is consistent with the expected return of 0.0868%.
At present, Origin Agritech's Sale Purchase Of Stock is projected to increase significantly based on the last few years of reporting. . As of November 29, 2024, Price To Sales Ratio is expected to decline to 2.38. In addition to that, Price Earnings Ratio is expected to decline to -211.63. Origin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of May 2004 | 200 Day MA 3.4322 | 50 Day MA 2.779 | Beta 1.498 |
Origin |
Sharpe Ratio = 0.0186
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Estimated Market Risk
4.68 actual daily | 41 59% of assets are more volatile |
Expected Return
0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Origin Agritech is performing at about 1% 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 Origin Agritech by adding it to a well-diversified portfolio.
Price Book 4.864 | Enterprise Value Ebitda 1.5769 | Price Sales 0.1362 | Shares Float 5.5 M | Wall Street Target Price 5 |
Related Headline
Corteva Headline on 20th of February 2024
Acquisition by David Anderson of 33493 shares of Corteva at ... by David Anderson
Filed transaction by Corteva Officer: Evp, Chief Financial Officer. Grant, award or other acquisition pursuant to Rule 16b-3(d)
Origin Agritech Valuation on February 20, 2024
It is possible to determine the worth of Origin Agritech on a given historical date. On February 20, 2024 Origin was worth 2.7 at the beginning of the trading date compared to the closed value of 2.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Origin Agritech stock. Still, in general, we apply an absolute valuation method to find Origin Agritech'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 Origin Agritech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Origin Agritech's related companies.
Open | High | Low | Close | Volume | |
2.44 | 2.67 | 2.35 | 2.57 | 44,404 | |
02/20/2024 | 2.70 | 2.71 | 2.30 | 2.30 | 60,333 |
3.20 | 4.58 | 2.71 | 3.78 | 16,616,590 |
Backtest Origin Agritech | | | Origin Agritech History | | | Origin Agritech Valuation | Previous | Next |
Origin Agritech Trading Date Momentum on February 20, 2024
On February 21 2024 Origin Agritech was traded for 3.78 at the closing time. The top price for the day was 4.58 and the lowest listed price was 2.71 . The trading volume for the day was 16.6 M. The trading history from February 21, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 64.35% . The trading delta at closing time against the current closing price is 20.87% . |
Origin Agritech Fundamentals Correlations and Trends
By evaluating Origin Agritech'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 Origin Agritech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Origin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Origin Agritech Stock history
Origin Agritech 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 Origin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Origin Agritech 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 Origin Agritech stock prices may prove useful in developing a viable investing in Origin Agritech
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 7.5 M | 7.9 M | |
Net Loss | -5.6 M | -5.9 M |
Origin Agritech Stock Technical Analysis
Origin Agritech 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
Origin Agritech Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Origin Agritech 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.
Origin Agritech November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Origin Agritech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Origin Agritech shares will generate the highest return on investment. By undertsting and applying Origin Agritech stock market strength indicators, traders can identify Origin Agritech entry and exit signals to maximize returns
Origin Agritech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Origin Agritech's price direction in advance. Along with the technical and fundamental analysis of Origin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Origin 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 | (0.01) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.81) | |||
Treynor Ratio | (0.11) |
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Complementary Tools for Origin Stock analysis
When running Origin Agritech's price analysis, check to measure Origin Agritech'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 Origin Agritech is operating at the current time. Most of Origin Agritech's value examination focuses on studying past and present price action to predict the probability of Origin Agritech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Origin Agritech's price. Additionally, you may evaluate how the addition of Origin Agritech to your portfolios can decrease your overall portfolio volatility.
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