Osisko Metals Stock Beta
| OM Stock | CAD 0.25 0.01 3.85% |
Osisko Metals fundamentals help investors to digest information that contributes to Osisko Metals' financial success or failures. It also enables traders to predict the movement of Osisko Stock. The fundamental analysis module provides a way to measure Osisko Metals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Osisko Metals stock.
Osisko | Beta |
Osisko Metals Company Beta Analysis
Osisko Metals' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Osisko Metals Beta | 0.97 |
Most of Osisko Metals' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Osisko Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Osisko Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Osisko Metals is extremely important. It helps to project a fair market value of Osisko Stock properly, considering its historical fundamentals such as Beta. Since Osisko Metals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Osisko Metals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Osisko Metals' interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Osisko Metals has a Beta of 0.965. This is 10.92% higher than that of the Metals & Mining sector and 17.52% lower than that of the Materials industry. The beta for all Canada stocks is notably lower than that of the firm.
Osisko Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Osisko Metals' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Osisko Metals could also be used in its relative valuation, which is a method of valuing Osisko Metals by comparing valuation metrics of similar companies.Osisko Metals is currently under evaluation in beta category among its peers.
Osisko Metals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Osisko Metals from analyzing Osisko Metals' financial statements. These drivers represent accounts that assess Osisko Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Osisko Metals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 61.7M | 74.9M | 73.1M | 43.0M | 45.5M | 47.7M | |
| Enterprise Value | 60.1M | 67.6M | 66.7M | 45.9M | 75.3M | 79.0M |
Osisko Metals returns are very sensitive to returns on the market. As the market goes up or down, Osisko Metals is expected to follow.
Osisko Fundamentals
| Return On Equity | -0.0512 | ||||
| Return On Asset | -0.0025 | ||||
| Current Valuation | 96.22 M | ||||
| Shares Outstanding | 256.58 M | ||||
| Shares Owned By Insiders | 28.86 % | ||||
| Shares Owned By Institutions | 5.24 % | ||||
| Number Of Shares Shorted | 52.08 K | ||||
| Price To Book | 0.66 X | ||||
| EBITDA | (3.6 M) | ||||
| Net Income | 11.27 M | ||||
| Cash And Equivalents | 8.55 M | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 31.45 M | ||||
| Current Ratio | 1.70 X | ||||
| Book Value Per Share | 0.41 X | ||||
| Cash Flow From Operations | (3.43 M) | ||||
| Short Ratio | 0.20 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Target Price | 0.45 | ||||
| Beta | 0.97 | ||||
| Market Capitalization | 62.86 M | ||||
| Total Asset | 144.32 M | ||||
| Retained Earnings | (48.65 M) | ||||
| Working Capital | (294.09 K) | ||||
| Net Asset | 144.32 M |
About Osisko Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Osisko Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Osisko Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Osisko Metals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Osisko Stock Analysis
When running Osisko Metals' price analysis, check to measure Osisko Metals' 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 Metals is operating at the current time. Most of Osisko Metals' value examination focuses on studying past and present price action to predict the probability of Osisko Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osisko Metals' price. Additionally, you may evaluate how the addition of Osisko Metals to your portfolios can decrease your overall portfolio volatility.