Origin Materials Stock Market Value
| ORGN Stock | USD 0.95 0.01 1.04% |
| Symbol | Origin |
Origin Materials Price To Book Ratio
Is Origin Materials' 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 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 | Revenue Per Share 0.241 | Quarterly Revenue Growth 3.005 | Return On Assets (0.08) | Return On Equity 0.0003 |
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.
Origin Materials '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 Origin Materials' 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 Origin Materials.
| 06/03/2022 |
| 05/23/2024 |
If you would invest 0.00 in Origin Materials on June 3, 2022 and sell it all today you would earn a total of 0.00 from holding Origin Materials or generate 0.0% return on investment in Origin Materials over 720 days. Origin Materials is related to or competes with Tronox Holdings, Valhi, Lsb Industries, Huntsman, Celanese, Methanex, and AdvanSix. Micromidas, Inc., doing business as Origin Materials, produces and commercializes plant-based PET plastic More
Origin Materials 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 Origin Materials' 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 Origin Materials upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.37 | |||
| Information Ratio | 0.1391 | |||
| Maximum Drawdown | 41.0 | |||
| Value At Risk | (12.12) | |||
| Potential Upside | 18.46 |
Origin Materials Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Origin Materials' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Origin Materials' standard deviation. In reality, there are many statistical measures that can use Origin Materials historical prices to predict the future Origin Materials' volatility.| Risk Adjusted Performance | 0.0944 | |||
| Jensen Alpha | 1.17 | |||
| Total Risk Alpha | 0.2507 | |||
| Sortino Ratio | 0.1658 | |||
| Treynor Ratio | 0.7332 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Origin Materials' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Origin Materials Backtested Returns
Origin Materials is extremely dangerous given 3 months investment horizon. Origin Materials 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-eight different technical indicators, which can help you to evaluate if expected returns of 1.37% are justified by taking the suggested risk. Use Origin Materials Coefficient Of Variation of 675.75, semi deviation of 6.22, and Risk Adjusted Performance of 0.0944 to evaluate company specific risk that cannot be diversified away. Origin Materials holds a performance score of 12 on a scale of zero to a hundred. The company holds a Beta of 1.76, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Origin Materials will likely underperform. Use Origin Materials sortino ratio and the relationship between the downside variance and price action indicator , to analyze future returns on Origin Materials.
Auto-correlation | 0.48 |
Average predictability
Origin Materials has average predictability. Overlapping area represents the amount of predictability between Origin Materials time series from 3rd of June 2022 to 29th of May 2023 and 29th of May 2023 to 23rd of May 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 Origin Materials price movement. The serial correlation of 0.48 indicates that about 48.0% of current Origin Materials price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 2.01 |
Origin Materials lagged returns against current returns
Autocorrelation, which is Origin Materials 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 Origin Materials' stock expected returns. We can calculate the autocorrelation of Origin Materials returns to help us make a trade decision. For example, suppose you find that Origin Materials 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 |
Origin Materials 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 Origin Materials stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Origin Materials stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Origin Materials stock over time.
Current vs Lagged Prices |
| Timeline |
Origin Materials Lagged Returns
When evaluating Origin Materials' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Origin Materials stock have on its future price. Origin Materials 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, Origin Materials autocorrelation shows the relationship between Origin Materials stock current value and its past values and can show if there is a momentum factor associated with investing in Origin Materials.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Origin Materials Correlation, Origin Materials Volatility and Origin Materials Alpha and Beta module to complement your research on Origin Materials. To learn how to invest in Origin Stock, please use our How to Invest in Origin Materials guide.Note that the Origin Materials information on this page should be used as a complementary analysis to other Origin Materials' 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Origin Stock analysis
When running Origin Materials' price analysis, check to measure Origin Materials' 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 Materials is operating at the current time. Most of Origin Materials' value examination focuses on studying past and present price action to predict the probability of Origin Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Origin Materials' price. Additionally, you may evaluate how the addition of Origin Materials to your portfolios can decrease your overall portfolio volatility.
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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.