Osisko Metals Stock Market Value

OM Stock  CAD 0.26  0.01  4.00%   
Osisko Metals' market value is the price at which a share of Osisko Metals trades on a public exchange. It measures the collective expectations of Osisko Metals investors about its performance. Osisko Metals is selling for under 0.26 as of the 11th of December 2024; that is 4.00 percent increase since the beginning of the trading day. The stock's lowest day price was 0.26.
With this module, you can estimate the performance of a buy and hold strategy of Osisko Metals and determine expected loss or profit from investing in Osisko Metals over a given investment horizon. Check out Osisko Metals Correlation, Osisko Metals Volatility and Osisko Metals Alpha and Beta module to complement your research on Osisko Metals.
Symbol

Osisko Metals Price To Book Ratio

Please note, there is a significant difference between Osisko Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Osisko Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Osisko Metals' 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.

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' 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.
0.00
11/11/2024
No Change 0.00  0.0 
In 31 days
12/11/2024
0.00
If you would invest  0.00  in Osisko Metals on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Osisko Metals or generate 0.0% return on investment in Osisko Metals over 30 days. Osisko Metals is related to or competes with Ressources Minieres, and Red Pine. Osisko Metals Incorporated, together with its subsidiaries, engages in the acquisition, exploration, development, and ev... 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' 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 upside and downside potential and time the market with a certain degree of confidence.

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.
Hype
Prediction
LowEstimatedHigh
0.010.254.92
Details
Intrinsic
Valuation
LowRealHigh
0.010.214.88
Details
Naive
Forecast
LowNextHigh
0.010.254.92
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.02-0.01-0.0025
Details

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 0.0793, which implies the firm had a 0.0793% 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' Coefficient Of Variation of 1609.61, semi deviation of 3.36, and Risk Adjusted Performance of 0.0533 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 6. The company holds a Beta of 0.063, which implies not very significant fluctuations relative to the market. 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' total risk alpha, expected short fall, period momentum indicator, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Osisko Metals' historical price patterns will revert.

Auto-correlation

    
  0.32  

Below average predictability

Osisko Metals has below average predictability. Overlapping area represents the amount of predictability between Osisko Metals time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 0.32 indicates that nearly 32.0% of current Osisko Metals price fluctuation can be explain by its past prices.
Correlation Coefficient0.32
Spearman Rank Test0.69
Residual Average0.0
Price Variance0.0

Osisko Metals lagged returns against current returns

Autocorrelation, which is Osisko Metals 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' 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 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  

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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Osisko Metals 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 stock over time.
   Current vs Lagged Prices   
       Timeline  

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 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 stock current value and its past values and can show if there is a momentum factor associated with investing in Osisko Metals.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Osisko Stock Analysis

When running Osisko Metals' price analysis, check to measure Osisko Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Osisko Metals is operating at the current time. Most of Osisko Metals' value examination focuses on studying past and present price action to predict the probability of Osisko Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osisko Metals' price. Additionally, you may evaluate how the addition of Osisko Metals to your portfolios can decrease your overall portfolio volatility.