Organigram Holdings Stock Alpha and Beta Analysis
| OGI Stock | USD 1.50 0.03 2.04% |
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 0.15 | Alpha (0.29) | Risk 2.76 | Sharpe Ratio (0.09) | Expected Return (0.24) |
Enterprise Value |
|
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 | -0.29 | β | 0.15 |
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 Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 1.76 with a coefficient of variation of 7.29. The daily time series for the period is distributed with a sample standard deviation of 0.13, arithmetic mean of 1.73, and mean deviation of 0.1. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
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 |
OrganiGram Holdings Upcoming Company Events
As portrayed in its financial statements, the presentation of OrganiGram Holdings' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, OrganiGram Holdings' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of OrganiGram Holdings' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of OrganiGram Holdings. Please utilize our Beneish M Score to check the likelihood of OrganiGram Holdings' management manipulating its earnings.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 9th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 17th of December 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Build Portfolio with OrganiGram Holdings
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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. For more detail on how to invest in OrganiGram Stock please use our How to Invest in OrganiGram Holdings guide.You can also try the Stocks Directory module to find actively traded stocks across global 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.