Osisko Metals Stock Market Value
| OM Stock | CAD 0.26 0.01 3.70% |
| 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.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Osisko Metals on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Osisko Metals or generate 0.0% return on investment in Osisko Metals over 720 days. Osisko Metals Incorporated, together with its subsidiaries, engages in the acquisition, exploration, development, and ev... 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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.92 | |||
| Information Ratio | 0.0083 | |||
| Maximum Drawdown | 22.9 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 9.09 |
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 | 0.0357 | |||
| Jensen Alpha | 0.1735 | |||
| Total Risk Alpha | (0.59) | |||
| Sortino Ratio | 0.0067 | |||
| Treynor Ratio | (1.52) |
Osisko Metals Backtested Returns
Osisko Metals appears to be out of control, given 3 months investment horizon. Osisko Metals maintains Sharpe Ratio (i.e., Efficiency) of 0.0492, which implies the firm had a 0.0492% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Osisko Metals, which you can use to evaluate the volatility of the company. Please evaluate Osisko Metals' Risk Adjusted Performance of 0.0357, coefficient of variation of 2811.03, and Semi Deviation of 3.5 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Osisko Metals holds a performance score of 3. The company holds a Beta of -0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Osisko Metals are expected to decrease at a much lower rate. During the bear market, Osisko Metals is likely to outperform the market. Please check Osisko Metals' total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Osisko Metals' historical price patterns will revert.
Auto-correlation | -0.59 |
Good reverse predictability
Osisko Metals has good reverse predictability. Overlapping area represents the amount of predictability between Osisko Metals time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th of November 2024. 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 -0.59 indicates that roughly 59.0% of current Osisko Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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.
Regressed Prices |
| Timeline |
Thematic Opportunities
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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.