Organigram Holdings Stock Price on May 15, 2024
| OGI Stock | CAD 2.22 0.13 6.22% |
Below is the normalized historical share price chart for OrganiGram Holdings extending back to January 05, 2012. 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 OrganiGram Holdings stands at 2.22, as last reported on the 22nd of December, with the highest price reaching 2.31 and the lowest price hitting 2.07 during the day.
If you're considering investing in OrganiGram Stock, it is important to understand the factors that can impact its price. OrganiGram Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.0295, which implies the firm had a -0.0295% return per unit of risk over the last 3 months. OrganiGram Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OrganiGram Holdings' Variance of 10.58, coefficient of variation of (2,428), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
At this time, OrganiGram Holdings' Other Stockholder Equity is very stable compared to the past year. As of the 22nd of December 2024, Common Stock Total Equity is likely to grow to about 384.1 M, while Total Stockholder Equity is likely to drop about 202.3 M. . At this time, OrganiGram Holdings' Price To Sales Ratio is very stable compared to the past year. As of the 22nd of December 2024, Price Book Value Ratio is likely to grow to 0.86, while Price Earnings Ratio is likely to drop (30.71). OrganiGram Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 2.4383 | 50 Day MA 2.2673 | Beta 1.128 |
OrganiGram |
Sharpe Ratio = -0.0295
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Estimated Market Risk
| 3.21 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average OrganiGram Holdings 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 OrganiGram Holdings by adding OrganiGram Holdings to a well-diversified portfolio.
Price Book 0.9153 | Enterprise Value Ebitda (1.42) | Price Sales 1.8771 | Shares Float 72.5 M | Wall Street Target Price 3.1917 |
OrganiGram Holdings Valuation on May 15, 2024
It is possible to determine the worth of OrganiGram Holdings on a given historical date. On May 15, 2024 OrganiGram was worth 2.51 at the beginning of the trading date compared to the closed value of 2.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of OrganiGram Holdings stock. Still, in general, we apply an absolute valuation method to find OrganiGram Holdings' 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 OrganiGram Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against OrganiGram Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 2.43 | 2.60 | 2.40 | 2.48 | 715,300 | |
05/15/2024 | 2.51 | 2.70 | 2.49 | 2.61 | 629,700 |
| 2.61 | 2.86 | 2.61 | 2.76 | 761,000 |
| Backtest OrganiGram Holdings | | | OrganiGram Holdings History | | | OrganiGram Holdings Valuation | Previous | Next |
OrganiGram Holdings Trading Date Momentum on May 15, 2024
| On May 16 2024 OrganiGram Holdings was traded for 2.76 at the closing time. The maximum traded price for the trading interval was 2.86 and the lowest daily price was 2.61 . The daily volume was recorded at 761 K. The volume of trading on 16th of May 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 5.75% . The trading delta at closing time to the closing price today is 6.13% . |
OrganiGram Holdings Fundamentals Correlations and Trends
By evaluating OrganiGram Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among OrganiGram Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. OrganiGram financial account trend analysis is a perfect complement when working with valuation or volatility modules.About OrganiGram Holdings Stock history
OrganiGram Holdings 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 OrganiGram is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in OrganiGram Holdings 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 OrganiGram Holdings stock prices may prove useful in developing a viable investing in OrganiGram Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 93.5 M | 54.9 M | |
| Net Loss | -12.9 M | -13.5 M |
OrganiGram Holdings Quarterly Net Working Capital |
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OrganiGram Holdings Stock Technical Analysis
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.
Price Boundaries
OrganiGram Holdings Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
OrganiGram Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
OrganiGram Holdings December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how OrganiGram Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OrganiGram Holdings shares will generate the highest return on investment. By undertsting and applying OrganiGram Holdings stock market strength indicators, traders can identify OrganiGram Holdings entry and exit signals to maximize returns
OrganiGram Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for OrganiGram Holdings' price direction in advance. Along with the technical and fundamental analysis of OrganiGram Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of OrganiGram 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 | (0.03) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.60) |
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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 closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in OrganiGram Stock, please use our How to Invest in OrganiGram Holdings guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.