Osisko Metals Incorporated Stock Market Value
| OM Stock | 0.76 0.04 5.56% |
| Symbol | Osisko |
Osisko Metals Price To Book Ratio
Osisko Metals '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 Osisko Metals' 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 Osisko Metals.
| 01/05/2025 |
| 12/31/2025 |
If you would invest 0.00 in Osisko Metals on January 5, 2025 and sell it all today you would earn a total of 0.00 from holding Osisko Metals Incorporated or generate 0.0% return on investment in Osisko Metals over 360 days. Osisko Metals is related to or competes with Teck Resources, Skeena Resources, Vizsla Silver, Foran Mining, and Sigma Lithium. Osisko Metals is entity of Canada. It is traded as Stock on TO exchange. More
Osisko Metals 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 Osisko Metals' 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 Osisko Metals Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.21 | |||
| Information Ratio | 0.1587 | |||
| Maximum Drawdown | 20.0 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 8.0 |
Osisko Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Osisko Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Osisko Metals' standard deviation. In reality, there are many statistical measures that can use Osisko Metals historical prices to predict the future Osisko Metals' volatility.| Risk Adjusted Performance | 0.1334 | |||
| Jensen Alpha | 0.8351 | |||
| Total Risk Alpha | 0.3099 | |||
| Sortino Ratio | 0.1634 | |||
| Treynor Ratio | (0.76) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Osisko Metals' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Osisko Metals Backtested Returns
Osisko Metals is abnormally volatile given 3 months investment horizon. Osisko Metals maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23 % return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.03% are justified by taking the suggested risk. Use Osisko Metals Semi Deviation of 3.09, coefficient of variation of 562.29, and Risk Adjusted Performance of 0.1334 to evaluate company specific risk that cannot be diversified away. Osisko Metals holds a performance score of 18 on a scale of zero to a hundred. The company holds a Beta of -1.0, which implies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Osisko Metals are expected to decrease slowly. On the other hand, during market turmoil, Osisko Metals is expected to outperform it slightly. Use Osisko Metals sortino ratio and the relationship between the downside variance and price action indicator , to analyze future returns on Osisko Metals.
Auto-correlation | 0.14 |
Insignificant predictability
Osisko Metals Incorporated has insignificant predictability. Overlapping area represents the amount of predictability between Osisko Metals time series from 5th of January 2025 to 4th of July 2025 and 4th of July 2025 to 31st of December 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 Osisko Metals price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Osisko Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Osisko Metals lagged returns against current returns
Autocorrelation, which is Osisko Metals 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 Osisko Metals' stock expected returns. We can calculate the autocorrelation of Osisko Metals returns to help us make a trade decision. For example, suppose you find that Osisko Metals 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 |
| Timeline |
Osisko Metals 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 Osisko Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Osisko Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Osisko Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Osisko Metals Lagged Returns
When evaluating Osisko Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Osisko Metals stock have on its future price. Osisko Metals 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, Osisko Metals autocorrelation shows the relationship between Osisko Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Osisko Metals Incorporated.
Regressed Prices |
| Timeline |
Pair Trading with Osisko Metals
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Osisko Metals position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Osisko Metals will appreciate offsetting losses from the drop in the long position's value.Moving together with Osisko Stock
Moving against Osisko Stock
The ability to find closely correlated positions to Osisko Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Osisko Metals when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Osisko Metals - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Osisko Metals Incorporated to buy it.
The correlation of Osisko Metals is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Osisko Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Osisko Metals moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Osisko Metals can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Osisko Stock
Osisko Metals financial ratios help investors to determine whether Osisko 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 Osisko with respect to the benefits of owning Osisko Metals security.