Osisko Development Corp Stock Price on December 20, 2024

ODV Stock  CAD 2.46  0.04  1.60%   
If you're considering investing in Osisko Stock, it is important to understand the factors that can impact its price. As of today, the current price of Osisko Development stands at 2.46, as last reported on the 21st of December, with the highest price reaching 2.55 and the lowest price hitting 2.40 during the day. Osisko Development Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0135, which implies the firm had a -0.0135% return per unit of risk over the last 3 months. Osisko Development Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Osisko Development's Coefficient Of Variation of (35,162), variance of 39.22, and Risk Adjusted Performance of 0.0065 to confirm the risk estimate we provide.
  
At this time, Osisko Development's Other Stockholder Equity is fairly stable compared to the past year. Total Stockholder Equity is likely to climb to about 650 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 84.1 M in 2024. . Price To Sales Ratio is likely to drop to 10.03 in 2024. Price Earnings Ratio is likely to drop to -1.93 in 2024. Osisko Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0135

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Estimated Market Risk

 6.33
  actual daily
56
56% of assets are less volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Osisko Development is not performing at its full potential. However, 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 Osisko Development by adding Osisko Development to a well-diversified portfolio.
Price Book
0.6351
Enterprise Value Ebitda
(2.00)
Price Sales
29.2986
Shares Float
56.2 M
Wall Street Target Price
5.9757

Osisko Development Valuation on December 20, 2024

It is possible to determine the worth of Osisko Development on a given historical date. On December 20, 2024 Osisko was worth 2.4 at the beginning of the trading date compared to the closed value of 2.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Osisko Development stock. Still, in general, we apply an absolute valuation method to find Osisko Development'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 Osisko Development where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Osisko Development's related companies.
 Open High Low Close Volume
  2.45    2.50    2.37    2.50    25,500  
12/20/2024
  2.40    2.55    2.40    2.46    22,973  
  2.40    2.55    2.40    2.46    0.00  
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Open Value
2.4
2.46
Closing Value
21.39
Upside

Osisko Development Trading Date Momentum on December 20, 2024

On December 21 2024 Osisko Development Corp was traded for  2.46  at the closing time. The highest daily price throughout the period was 2.55  and the lowest price was  2.40 . There was no trading activity during the period 0.0. Lack of trading volume on 12/21/2024 did not cause price change. The trading delta at closing time to current closing price is 2.44% .

Osisko Development Corp Fundamentals Correlations and Trends

By evaluating Osisko Development'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 Osisko Development's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Osisko financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Osisko Development Stock history

Osisko Development 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 Osisko is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Osisko Development Corp 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 Osisko Development stock prices may prove useful in developing a viable investing in Osisko Development
Last ReportedProjected for Next Year
Common Stock Shares Outstanding84.1 M84.1 M
Net Loss-120 M-114 M

Osisko Development Stock Technical Analysis

Osisko Development 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.
A focus of Osisko Development technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Osisko Development trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Osisko Development Period Price Range

Low
December 21, 2024
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High

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Osisko Development Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Osisko Development December 21, 2024 Market Strength

Market strength indicators help investors to evaluate how Osisko Development stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Osisko Development shares will generate the highest return on investment. By undertsting and applying Osisko Development stock market strength indicators, traders can identify Osisko Development Corp entry and exit signals to maximize returns

Osisko Development Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Osisko Development's price direction in advance. Along with the technical and fundamental analysis of Osisko Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Osisko 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.

Additional Tools for Osisko Stock Analysis

When running Osisko Development's price analysis, check to measure Osisko Development'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 Osisko Development is operating at the current time. Most of Osisko Development's value examination focuses on studying past and present price action to predict the probability of Osisko Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Osisko Development's price. Additionally, you may evaluate how the addition of Osisko Development to your portfolios can decrease your overall portfolio volatility.