Organigram Holdings Stock Market Value
| OGI Stock | USD 1.27 0.08 5.93% |
| Symbol | OrganiGram |
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OrganiGram Holdings. If investors know OrganiGram will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OrganiGram Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.34) | Revenue Per Share 1.606 | Quarterly Revenue Growth 0.172 | Return On Assets (0.06) | Return On Equity |
The market value of OrganiGram Holdings is measured differently than its book value, which is the value of OrganiGram that is recorded on the company's balance sheet. Investors also form their own opinion of OrganiGram Holdings' value that differs from its market value or its book value, called intrinsic value, which is OrganiGram Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OrganiGram Holdings' market value can be influenced by many factors that don't directly affect OrganiGram Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OrganiGram Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if OrganiGram Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OrganiGram Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
OrganiGram Holdings 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to OrganiGram Holdings' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of OrganiGram Holdings.
| 01/17/2025 |
| 02/16/2025 |
If you would invest 0.00 in OrganiGram Holdings on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding OrganiGram Holdings or generate 0.0% return on investment in OrganiGram Holdings over 30 days. OrganiGram Holdings is related to or competes with Canopy Growth, SNDL, Cronos, Curaleaf Holdings, Tilray. Organigram Holdings Inc., through its subsidiaries, produces and sells cannabis and cannabis-derived products in Canada More
OrganiGram Holdings Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure OrganiGram Holdings' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess OrganiGram Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 27.11 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 5.23 |
OrganiGram Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OrganiGram Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OrganiGram Holdings' standard deviation. In reality, there are many statistical measures that can use OrganiGram Holdings historical prices to predict the future OrganiGram Holdings' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (1.17) |
OrganiGram Holdings Backtested Returns
OrganiGram Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.0426, which implies the firm had a -0.0426 % return per unit of risk over the last 3 months. OrganiGram Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OrganiGram Holdings' Risk Adjusted Performance of (0.04), coefficient of variation of (1,563), and Variance of 15.48 to confirm the risk estimate we provide. The company holds a Beta of 0.22, which implies not very significant fluctuations relative to the market. As returns on the market increase, OrganiGram Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding OrganiGram Holdings is expected to be smaller as well. At this point, OrganiGram Holdings has a negative expected return of -0.17%. Please make sure to check OrganiGram Holdings' day median price, period momentum indicator, as well as the relationship between the kurtosis and maximum drawdown , to decide if OrganiGram Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.70 |
Good predictability
OrganiGram Holdings has good predictability. Overlapping area represents the amount of predictability between OrganiGram Holdings time series from 17th of January 2025 to 1st of February 2025 and 1st of February 2025 to 16th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of OrganiGram Holdings price movement. The serial correlation of 0.7 indicates that around 70.0% of current OrganiGram Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
OrganiGram Holdings lagged returns against current returns
Autocorrelation, which is OrganiGram Holdings stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting OrganiGram Holdings' stock expected returns. We can calculate the autocorrelation of OrganiGram Holdings returns to help us make a trade decision. For example, suppose you find that OrganiGram Holdings has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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OrganiGram Holdings regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If OrganiGram Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OrganiGram Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OrganiGram Holdings stock over time.
Current vs Lagged Prices |
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OrganiGram Holdings Lagged Returns
When evaluating OrganiGram Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OrganiGram Holdings stock have on its future price. OrganiGram Holdings autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, OrganiGram Holdings autocorrelation shows the relationship between OrganiGram Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in OrganiGram Holdings.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether OrganiGram Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OrganiGram Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Organigram Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Organigram Holdings Stock:Check out OrganiGram Holdings Correlation, OrganiGram Holdings Volatility and OrganiGram Holdings Alpha and Beta module to complement your research on OrganiGram Holdings. For more detail on how to invest in OrganiGram Stock please use our How to Invest in OrganiGram Holdings guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.