Osisko Metals Incorporated Stock Market Value
| OMZNF Stock | USD 0.18 0.01 5.26% |
| Symbol | Osisko |
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' otc 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.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Osisko Metals on October 29, 2024 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 30 days. Osisko Metals is related to or competes with C3 Metals, Syrah Resources, Aurelia Metals, Azimut Exploration, Winsome Resources, Latin Resources, and Mineral Res. Osisko Metals Incorporated, together with its subsidiaries, engages in the exploration and evaluation of based metal pro... 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' otc 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 | 9.3 | |||
| Information Ratio | 0.0031 | |||
| Maximum Drawdown | 34.72 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 11.76 |
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 | 0.0291 | |||
| Jensen Alpha | 0.0965 | |||
| Total Risk Alpha | (0.73) | |||
| Sortino Ratio | 0.0019 | |||
| Treynor Ratio | 0.4025 |
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 0.0435, which implies the firm had a 0.0435% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Osisko Metals, which you can use to evaluate the volatility of the company. Please evaluate Osisko Metals' Semi Deviation of 3.64, risk adjusted performance of 0.0291, and Coefficient Of Variation of 3721.99 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 0.34, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Osisko Metals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Osisko Metals is expected to be smaller as well. Please check Osisko Metals' sortino ratio and the relationship between the downside variance and period momentum indicator , to make a quick decision on whether Osisko Metals' historical price patterns will revert.
Auto-correlation | -0.08 |
Very weak reverse predictability
Osisko Metals Incorporated has very weak reverse predictability. Overlapping area represents the amount of predictability between Osisko Metals time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 -0.08 indicates that barely 8.0% of current Osisko Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Osisko Metals lagged returns against current returns
Autocorrelation, which is Osisko Metals otc 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' otc 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 otc 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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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 otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Osisko Metals otc 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 otc stock over time.
Current vs Lagged Prices |
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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 otc 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 otc 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 |
Currently Active Assets on Macroaxis
Other Information on Investing in Osisko OTC Stock
Osisko Metals financial ratios help investors to determine whether Osisko OTC 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.