Origin Materials Stock Market Value
ORGN Stock | USD 0.91 0.06 5.96% |
Symbol | Origin |
Origin Materials Price To Book Ratio
Is Mortgage Real Estate Investment Trusts (REITs) 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 Origin Materials. If investors know Origin 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 Origin Materials listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.667 | Earnings Share (0.57) | Revenue Per Share | Quarterly Revenue Growth 0.149 | Return On Assets |
The market value of Origin Materials is measured differently than its book value, which is the value of Origin that is recorded on the company's balance sheet. Investors also form their own opinion of Origin Materials' value that differs from its market value or its book value, called intrinsic value, which is Origin Materials' 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 Origin Materials' market value can be influenced by many factors that don't directly affect Origin Materials' 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 Origin Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Origin Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Origin Materials' 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.
Origin Materials '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 Origin Materials' 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 Origin Materials.
11/26/2024 |
| 02/24/2025 |
If you would invest 0.00 in Origin Materials on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Origin Materials or generate 0.0% return on investment in Origin Materials over 90 days. Origin Materials is related to or competes with Tronox Holdings, Valhi, Lsb Industries, Huntsman, Celanese, Methanex, and AdvanSix. Micromidas, Inc., doing business as Origin Materials, produces and commercializes plant-based PET plastic More
Origin Materials 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 Origin Materials' 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 Origin Materials upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.04) | |||
Maximum Drawdown | 26.65 | |||
Value At Risk | (7.50) | |||
Potential Upside | 10.58 |
Origin Materials Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Origin Materials' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Origin Materials' standard deviation. In reality, there are many statistical measures that can use Origin Materials historical prices to predict the future Origin Materials' volatility.Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.25) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (0.54) |
Origin Materials Backtested Returns
Origin Materials maintains Sharpe Ratio (i.e., Efficiency) of -0.0713, which implies the firm had a -0.0713 % return per unit of risk over the last 3 months. Origin Materials exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Origin Materials' Variance of 30.71, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,310) to confirm the risk estimate we provide. The company holds a Beta of 0.46, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Origin Materials' returns are expected to increase less than the market. However, during the bear market, the loss of holding Origin Materials is expected to be smaller as well. At this point, Origin Materials has a negative expected return of -0.37%. Please make sure to check Origin Materials' value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if Origin Materials performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.35 |
Below average predictability
Origin Materials has below average predictability. Overlapping area represents the amount of predictability between Origin Materials time series from 26th of November 2024 to 10th of January 2025 and 10th of January 2025 to 24th 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 Origin Materials price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Origin Materials price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.35 | |
Spearman Rank Test | 0.14 | |
Residual Average | 0.0 | |
Price Variance | 0.01 |
Origin Materials lagged returns against current returns
Autocorrelation, which is Origin Materials 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 Origin Materials' stock expected returns. We can calculate the autocorrelation of Origin Materials returns to help us make a trade decision. For example, suppose you find that Origin Materials 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 |
Origin Materials 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 Origin Materials stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Origin Materials stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Origin Materials stock over time.
Current vs Lagged Prices |
Timeline |
Origin Materials Lagged Returns
When evaluating Origin Materials' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Origin Materials stock have on its future price. Origin Materials 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, Origin Materials autocorrelation shows the relationship between Origin Materials stock current value and its past values and can show if there is a momentum factor associated with investing in Origin Materials.
Regressed Prices |
Timeline |
When determining whether Origin Materials offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Origin Materials' 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 Origin Materials Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Origin Materials Stock:
Check out Origin Materials Correlation, Origin Materials Volatility and Origin Materials Alpha and Beta module to complement your research on Origin Materials. To learn how to invest in Origin Stock, please use our How to Invest in Origin Materials guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Origin Materials 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.