Organigram Holdings Stock Alpha and Beta Analysis
| OGI Stock | CAD 2.19 0.04 1.86% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as OrganiGram Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in OrganiGram Holdings over a specified time horizon. Remember, high OrganiGram Holdings' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to OrganiGram Holdings' market risk premium analysis include:
Beta (0.56) | Alpha (0.20) | Risk 2.57 | Sharpe Ratio (0.06) | Expected Return (0.16) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
OrganiGram |
OrganiGram Holdings Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. OrganiGram Holdings market risk premium is the additional return an investor will receive from holding OrganiGram Holdings long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in OrganiGram Holdings. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate OrganiGram Holdings' performance over market.| α | -0.2 | β | -0.56 |
OrganiGram Holdings expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of OrganiGram Holdings' Buy-and-hold return. Our buy-and-hold chart shows how OrganiGram Holdings performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.OrganiGram Holdings Market Price Analysis
Market price analysis indicators help investors to evaluate how OrganiGram Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OrganiGram Holdings shares will generate the highest return on investment. By understating and applying OrganiGram Holdings stock market price indicators, traders can identify OrganiGram Holdings position entry and exit signals to maximize returns.
OrganiGram Holdings Return and Market Media
The median price of OrganiGram Holdings for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 2.43 with a coefficient of variation of 6.53. The daily time series for the period is distributed with a sample standard deviation of 0.16, arithmetic mean of 2.4, and mean deviation of 0.12. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | TSX Composite Index Quote - Press Release - The Globe and Mail | 09/16/2024 |
2 | Organigram Stock Price Up 2.8 percent - Heres Why - MarketBeat | 11/18/2024 |
About OrganiGram Holdings Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including OrganiGram or other stocks. Alpha measures the amount that position in OrganiGram Holdings has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Days Sales Outstanding | 109.8 | 114.7 | PTB Ratio | 0.86 | 0.82 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards OrganiGram Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, OrganiGram Holdings' short interest history, or implied volatility extrapolated from OrganiGram Holdings options trading.
Build Portfolio with OrganiGram Holdings
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Check out OrganiGram Holdings Backtesting, OrganiGram Holdings Valuation, OrganiGram Holdings Correlation, OrganiGram Holdings Hype Analysis, OrganiGram Holdings Volatility, OrganiGram Holdings History and analyze OrganiGram Holdings Performance. To learn how to invest in OrganiGram Stock, please use our How to Invest in OrganiGram Holdings guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.