Origin Materials Stock Price on November 19, 2024
| ORGN Stock | USD 1.04 0.01 0.95% |
Below is the normalized historical share price chart for Origin Materials extending back to September 04, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Origin Materials stands at 1.04, as last reported on the 29th of December, with the highest price reaching 1.05 and the lowest price hitting 0.99 during the day.
If you're considering investing in Origin Stock, it is important to understand the factors that can impact its price. Origin Materials maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% 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 15.04, risk adjusted performance of (0.1), and Coefficient Of Variation of (761.80) to confirm the risk estimate we provide.
At this time, Origin Materials' Total Stockholder Equity is very stable compared to the past year. As of the 29th of December 2024, Other Stockholder Equity is likely to grow to about 402 M, while Common Stock is likely to drop about 14.2 K. . As of the 29th of December 2024, Price Earnings Ratio is likely to grow to 5.15, while Price To Sales Ratio is likely to drop 3.25. Origin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of September 2020 | 200 Day MA 1.0852 | 50 Day MA 1.2315 | Beta 1.01 |
Origin |
Sharpe Ratio = -0.1403
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| Negative Returns | ORGN |
Estimated Market Risk
| 3.84 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.54 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Origin Materials is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Origin Materials by adding Origin Materials to a well-diversified portfolio.
Price Book 0.4238 | Enterprise Value Ebitda 2.4387 | Price Sales 4.4655 | Shares Float 119.7 M | Wall Street Target Price 2.5 |
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Origin Materials Valuation on November 19, 2024
It is possible to determine the worth of Origin Materials on a given historical date. On November 19, 2024 Origin was worth 1.1 at the beginning of the trading date compared to the closed value of 1.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Origin Materials stock. Still, in general, we apply an absolute valuation method to find Origin Materials' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Origin Materials where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Origin Materials' related companies.
| Open | High | Low | Close | Volume | |
| 1.10 | 1.14 | 1.05 | 1.09 | 1,317,836 | |
11/19/2024 | 1.10 | 1.12 | 1.02 | 1.04 | 1,463,039 |
| 1.04 | 1.07 | 0.98 | 1.03 | 2,566,079 |
| Backtest Origin Materials | | | Origin Materials History | | | Origin Materials Valuation | Previous | Next |
Origin Materials Trading Date Momentum on November 19, 2024
| On November 20 2024 Origin Materials was traded for 1.03 at the closing time. The top price for the day was 1.07 and the lowest listed price was 0.98 . The trading volume for the day was 2.6 M. The trading history from November 20, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.96% . The trading delta at closing time against the current closing price is 16.35% . |
Origin Materials Fundamentals Correlations and Trends
By evaluating Origin Materials' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Origin Materials' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Origin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Origin Materials Stock history
Origin Materials investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Origin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Origin Materials will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Origin Materials stock prices may prove useful in developing a viable investing in Origin Materials
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 142.7 M | 117.4 M | |
| Net Income Applicable To Common Shares | 90.4 M | 94.9 M |
Origin Materials Quarterly Net Working Capital |
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Origin Materials Stock Technical Analysis
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.
Price Boundaries
Origin Materials Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Origin Materials cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Origin Materials December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Origin Materials stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Origin Materials shares will generate the highest return on investment. By undertsting and applying Origin Materials stock market strength indicators, traders can identify Origin Materials entry and exit signals to maximize returns
Origin Materials Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Origin Materials' price direction in advance. Along with the technical and fundamental analysis of Origin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Origin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | (0.70) |
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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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.