Origin Agritech Stock Price on February 23, 2024
SEED Stock | USD 3.36 0.16 5.00% |
Below is the normalized historical share price chart for Origin Agritech extending back to March 29, 2004. 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 Agritech stands at 3.36, as last reported on the 4th of May, with the highest price reaching 3.40 and the lowest price hitting 3.23 during the day.
If you're considering investing in Origin Stock, it is important to understand the factors that can impact its price. Origin Agritech is dangerous given 3 months investment horizon. Origin Agritech maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.49% are justified by taking the suggested risk. Use Origin Agritech Coefficient Of Variation of 678.4, risk adjusted performance of 0.1024, and Semi Deviation of 4.97 to evaluate company specific risk that cannot be diversified away.
At present, Origin Agritech's Sale Purchase Of Stock is projected to increase significantly based on the last few years of reporting. . As of May 4, 2024, Price To Sales Ratio is expected to decline to 2.38. In addition to that, Price Earnings Ratio is expected to decline to -112.31. Origin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of May 2004 | 200 Day MA 2.882 | 50 Day MA 3.2808 | Beta 1.283 |
Origin |
Sharpe Ratio = 0.154
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Estimated Market Risk
9.66 actual daily | 85 85% of assets are less volatile |
Expected Return
1.49 actual daily | 29 71% of assets have higher returns |
Risk-Adjusted Return
0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Origin Agritech is performing at about 12% of its full potential. 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 Agritech by adding it to a well-diversified portfolio.
Price Book 4.864 | Enterprise Value Ebitda 0.2594 | Price Sales 0.2233 | Shares Float 5.5 M | Wall Street Target Price 5 |
Related Headline
FMC Headline on 23rd of February 2024
Disposition of 1454 shares by Thaisa Hugenneyer of FMC at 10... by Thaisa Hugenneyer
Filed transaction by FMC Corporation Officer: Evp - Ops, Supply Chain & Proc. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Origin Agritech Valuation on February 23, 2024
It is possible to determine the worth of Origin Agritech on a given historical date. On February 23, 2024 Origin was worth 3.41 at the beginning of the trading date compared to the closed value of 3.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Origin Agritech stock. Still, in general, we apply an absolute valuation method to find Origin Agritech's 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 Agritech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Origin Agritech's related companies.
Open | High | Low | Close | Volume | |
3.33 | 4.09 | 2.87 | 3.34 | 737,627 | |
02/23/2024 | 3.41 | 3.59 | 3.10 | 3.10 | 186,884 |
3.15 | 3.20 | 2.70 | 2.93 | 184,164 |
Backtest Origin Agritech | | | Origin Agritech History | | | Origin Agritech Valuation | Previous | Next |
Origin Agritech Trading Date Momentum on February 23, 2024
On February 26 2024 Origin Agritech was traded for 2.93 at the closing time. The top price for the day was 3.20 and the lowest listed price was 2.70 . The trading volume for the day was 184.2 K. The trading history from February 26, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 5.48% . The trading delta at closing time against the current closing price is 14.52% . |
Origin Agritech Fundamentals Correlations and Trends
By evaluating Origin Agritech's 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 Agritech's 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 Agritech Stock history
Origin Agritech 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 Agritech 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 Agritech stock prices may prove useful in developing a viable investing in Origin Agritech
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 7.5 M | 7.9 M | |
Net Loss | -5.6 M | -5.9 M |
Origin Agritech Stock Technical Analysis
Origin Agritech 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 Agritech Period Price Range
Low | February 23, 2024
| High |
3.41 | 3.10 |
Origin Agritech May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Origin Agritech 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 Agritech shares will generate the highest return on investment. By undertsting and applying Origin Agritech stock market strength indicators, traders can identify Origin Agritech entry and exit signals to maximize returns
Accumulation Distribution | 25507.84 | |||
Daily Balance Of Power | (0.63) | |||
Rate Of Daily Change | 0.91 | |||
Day Median Price | 3.35 | |||
Day Typical Price | 3.26 | |||
Price Action Indicator | (0.40) | |||
Period Momentum Indicator | 0.26 |
Origin Agritech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Origin Agritech's 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 | 0.1024 | |||
Jensen Alpha | 1.31 | |||
Total Risk Alpha | 0.3486 | |||
Sortino Ratio | 0.2204 | |||
Treynor Ratio | 1.1 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Origin Agritech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade Origin Stock refer to our How to Trade Origin Stock guide.Note that the Origin Agritech information on this page should be used as a complementary analysis to other Origin Agritech's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Origin Stock analysis
When running Origin Agritech's price analysis, check to measure Origin Agritech'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 Origin Agritech is operating at the current time. Most of Origin Agritech's value examination focuses on studying past and present price action to predict the probability of Origin Agritech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Origin Agritech's price. Additionally, you may evaluate how the addition of Origin Agritech to your portfolios can decrease your overall portfolio volatility.
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Is Origin Agritech's industry 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 Agritech. 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 Agritech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.16 | Revenue Per Share 14.254 | Quarterly Revenue Growth 3.38 | Return On Assets (0.04) | Return On Equity (3.72) |
The market value of Origin Agritech 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 Agritech's value that differs from its market value or its book value, called intrinsic value, which is Origin Agritech's 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 Agritech's market value can be influenced by many factors that don't directly affect Origin Agritech's 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 Agritech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Origin Agritech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Origin Agritech's 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.