Origin Materials Stock Technical Analysis
| ORGN Stock | USD 1.24 0.05 4.20% |
As of the 25th of November, Origin Materials holds the Coefficient Of Variation of (5,103), variance of 24.46, and Risk Adjusted Performance of (0.01). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Origin Materials, as well as the relationship between them.
Origin Materials Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Origin, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OriginOrigin |
Origin Materials Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 4.0 | Strong Buy | 1 | Odds |
Most Origin analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Origin stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Origin Materials, talking to its executives and customers, or listening to Origin conference calls.
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.
Origin Materials Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Origin Materials volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Origin Materials Trend Analysis
Use this graph to draw trend lines for Origin Materials. You can use it to identify possible trend reversals for Origin Materials as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Origin Materials price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Origin Materials Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Origin Materials applied against its price change over selected period. The best fit line has a slop of 0.0069 , which may suggest that Origin Materials market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.8, which is the sum of squared deviations for the predicted Origin Materials price change compared to its average price change.About Origin Materials Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Origin Materials on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Origin Materials based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Origin Materials price pattern first instead of the macroeconomic environment surrounding Origin Materials. By analyzing Origin Materials's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Origin Materials's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Origin Materials specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Days Sales Outstanding | 223.26 | 198.46 | PTB Ratio | 0.28 | 0.26 |
Origin Materials November 25, 2024 Technical Indicators
Most technical analysis of Origin help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Origin from various momentum indicators to cycle indicators. When you analyze Origin charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 3.33 | |||
| Coefficient Of Variation | (5,103) | |||
| Standard Deviation | 4.95 | |||
| Variance | 24.46 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 26.74 | |||
| Value At Risk | (7.10) | |||
| Potential Upside | 8.7 | |||
| Skewness | 0.6109 | |||
| Kurtosis | 2.26 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Origin Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Origin Stock, please use our How to Invest in Origin Materials guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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 0.241 | Quarterly Revenue Growth 0.02 | Return On Assets (0.09) |
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.