Osisko Metals Stock Probability of Future Stock Price Finishing Over 0.25
| OM Stock | CAD 0.25 0.01 3.85% |
Osisko |
Osisko Metals Target Price Odds to finish over 0.25
The tendency of Osisko Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.25 | 90 days | 0.25 | about 12.52 |
Based on a normal probability distribution, the odds of Osisko Metals to move above the current price in 90 days from now is about 12.52 (This Osisko Metals probability density function shows the probability of Osisko Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.36 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Osisko Metals will likely underperform. Additionally Osisko Metals has an alpha of 0.0027, implying that it can generate a 0.002665 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Osisko Metals Price Density |
| Price |
Predictive Modules for Osisko Metals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Osisko Metals. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Osisko Metals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Osisko Metals is not an exception. The market had few large corrections towards the Osisko Metals' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Osisko Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Osisko Metals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | 1.36 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.01 |
Osisko Metals Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Osisko Metals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Osisko Metals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Osisko Metals has some characteristics of a very speculative penny stock | |
| Osisko Metals had very high historical volatility over the last 90 days | |
| Osisko Metals has high likelihood to experience some financial distress in the next 2 years | |
| Osisko Metals currently holds about 8.55 M in cash with (3.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Roughly 29.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Osisko Metals Incorporated Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com |
Osisko Metals Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Osisko Stock often depends not only on the future outlook of the current and potential Osisko Metals' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Osisko Metals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 284.2 M | |
| Cash And Short Term Investments | 1.7 M |
Osisko Metals Technical Analysis
Osisko Metals' future price can be derived by breaking down and analyzing its technical indicators over time. Osisko Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Osisko Metals. In general, you should focus on analyzing Osisko Stock price patterns and their correlations with different microeconomic environments and drivers.
Osisko Metals Predictive Forecast Models
Osisko Metals' time-series forecasting models is one of many Osisko Metals' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Osisko Metals' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Osisko Metals
Checking the ongoing alerts about Osisko Metals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Osisko Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Osisko Metals has some characteristics of a very speculative penny stock | |
| Osisko Metals had very high historical volatility over the last 90 days | |
| Osisko Metals has high likelihood to experience some financial distress in the next 2 years | |
| Osisko Metals currently holds about 8.55 M in cash with (3.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06. | |
| Roughly 29.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Osisko Metals Incorporated Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com |
Additional Tools for Osisko Stock Analysis
When running Osisko Metals' price analysis, check to measure Osisko Metals' 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 Metals is operating at the current time. Most of Osisko Metals' value examination focuses on studying past and present price action to predict the probability of Osisko Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osisko Metals' price. Additionally, you may evaluate how the addition of Osisko Metals to your portfolios can decrease your overall portfolio volatility.