Osisko Development Corp Stock Alpha and Beta Analysis
| ODV Stock | USD 1.82 0.01 0.55% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Osisko Development Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Osisko Development over a specified time horizon. Remember, high Osisko Development's 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 Osisko Development's market risk premium analysis include:
Beta 1.28 | Alpha (0.21) | Risk 6.04 | Sharpe Ratio (0.02) | Expected Return (0.11) |
Enterprise Value |
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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.
Osisko |
Osisko Development Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Osisko Development market risk premium is the additional return an investor will receive from holding Osisko Development 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 Osisko Development. 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 Osisko Development's performance over market.| α | -0.21 | β | 1.28 |
Osisko Development 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 Osisko Development's Buy-and-hold return. Our buy-and-hold chart shows how Osisko Development performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Osisko Development Market Price Analysis
Market price analysis indicators help investors to evaluate how Osisko Development stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Osisko Development shares will generate the highest return on investment. By understating and applying Osisko Development stock market price indicators, traders can identify Osisko Development position entry and exit signals to maximize returns.
Osisko Development Return and Market Media
The median price of Osisko Development for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 is 2.03 with a coefficient of variation of 13.48. The daily time series for the period is distributed with a sample standard deviation of 0.27, arithmetic mean of 1.98, and mean deviation of 0.21. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | UPDATED -- Osisko Development to Close Further Tranches of Its Non-Brokered Private Placement of Units - StockTitan | 10/08/2024 |
2 | VIDEO - CEO Clips - Osisko Development Sustainable Gold and Copper Projects | 10/24/2024 |
3 | Osisko Development Receives BC Mines Act Permits for Cariboo Gold Project Environmental ... | 11/21/2024 |
About Osisko Development 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 Osisko or other stocks. Alpha measures the amount that position in Osisko Development Corp 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.
| 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 62.95 | 45.61 | 43.33 | PTB Ratio | 0.5 | 0.57 | 0.54 |
Osisko Development Upcoming Company Events
As portrayed in its financial statements, the presentation of Osisko Development's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Osisko Development's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Osisko Development's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Osisko Development. Please utilize our Beneish M Score to check the likelihood of Osisko Development's management manipulating its earnings.
| 22nd of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Osisko Stock Analysis
When running Osisko Development's price analysis, check to measure Osisko Development's 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 Development is operating at the current time. Most of Osisko Development's value examination focuses on studying past and present price action to predict the probability of Osisko Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osisko Development's price. Additionally, you may evaluate how the addition of Osisko Development to your portfolios can decrease your overall portfolio volatility.