Organigram Holdings Stock Technical Analysis
| OGI Stock | USD 1.90 0.01 0.53% |
As of the 23rd of April, OrganiGram Holdings holds the Semi Deviation of 5.27, coefficient of variation of 2173.39, and Risk Adjusted Performance of 0.0372. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of OrganiGram Holdings, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for OrganiGram Holdings, which can be compared to its competitors. Please check OrganiGram Holdings information ratio, as well as the relationship between the value at risk and expected short fall to decide if OrganiGram Holdings is priced some-what accurately, providing market reflects its current price of 1.9 per share. Please also confirm OrganiGram Holdings total risk alpha, which is currently at (0.49) to check out the company can sustain itself at a future point.
OrganiGram Holdings Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as OrganiGram, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OrganiGramOrganiGram |
OrganiGram Holdings Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 8.8 | Strong Buy | 8 | Odds |
Most OrganiGram analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand OrganiGram stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of OrganiGram Holdings, talking to its executives and customers, or listening to OrganiGram conference calls.
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.
OrganiGram Holdings Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of OrganiGram Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
OrganiGram Holdings Trend Analysis
Use this graph to draw trend lines for OrganiGram Holdings. You can use it to identify possible trend reversals for OrganiGram Holdings as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual OrganiGram Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.OrganiGram Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for OrganiGram Holdings applied against its price change over selected period. The best fit line has a slop of 0 , which may imply that OrganiGram Holdings will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.7, which is the sum of squared deviations for the predicted OrganiGram Holdings price change compared to its average price change.About OrganiGram Holdings Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of OrganiGram Holdings on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of OrganiGram Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on OrganiGram Holdings price pattern first instead of the macroeconomic environment surrounding OrganiGram Holdings. By analyzing OrganiGram Holdings's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of OrganiGram Holdings's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to OrganiGram Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Days Sales Outstanding | 115.32 | 144.6 | PTB Ratio | 0.86 | 0.81 |
OrganiGram Holdings April 23, 2024 Technical Indicators
Most technical analysis of OrganiGram help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for OrganiGram from various momentum indicators to cycle indicators. When you analyze OrganiGram charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0372 | |||
| Market Risk Adjusted Performance | 0.0942 | |||
| Mean Deviation | 4.65 | |||
| Semi Deviation | 5.27 | |||
| Downside Deviation | 5.55 | |||
| Coefficient Of Variation | 2173.39 | |||
| Standard Deviation | 6.19 | |||
| Variance | 38.32 | |||
| Information Ratio | 0.0322 | |||
| Jensen Alpha | 0.0289 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | 0.036 | |||
| Treynor Ratio | 0.0842 | |||
| Maximum Drawdown | 35.2 | |||
| Value At Risk | (8.30) | |||
| Potential Upside | 10.71 | |||
| Downside Variance | 30.75 | |||
| Semi Variance | 27.83 | |||
| Expected Short fall | (5.40) | |||
| Skewness | 0.5251 | |||
| Kurtosis | 1.19 |
OrganiGram Holdings April 23, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as OrganiGram stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 63,460 | ||
| Daily Balance Of Power | 0.08 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 1.90 | ||
| Day Typical Price | 1.90 | ||
| Price Action Indicator | 0.00 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OrganiGram Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in OrganiGram Stock please use our How to Invest in OrganiGram Holdings guide.Note that the OrganiGram Holdings information on this page should be used as a complementary analysis to other OrganiGram Holdings' 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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When running OrganiGram Holdings' price analysis, check to measure OrganiGram Holdings' 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 OrganiGram Holdings is operating at the current time. Most of OrganiGram Holdings' value examination focuses on studying past and present price action to predict the probability of OrganiGram Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OrganiGram Holdings' price. Additionally, you may evaluate how the addition of OrganiGram Holdings to your portfolios can decrease your overall portfolio volatility.
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Is OrganiGram Holdings' 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 OrganiGram Holdings. If investors know OrganiGram 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 OrganiGram Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.82) | Revenue Per Share 1.835 | Quarterly Revenue Growth (0.14) | Return On Assets (0.06) | Return On Equity (0.55) |
The market value of OrganiGram Holdings is measured differently than its book value, which is the value of OrganiGram that is recorded on the company's balance sheet. Investors also form their own opinion of OrganiGram Holdings' value that differs from its market value or its book value, called intrinsic value, which is OrganiGram Holdings' 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 OrganiGram Holdings' market value can be influenced by many factors that don't directly affect OrganiGram Holdings' 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 OrganiGram Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if OrganiGram Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OrganiGram Holdings' 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.