Organigram Holdings Stock Price on November 6, 2024
| OGI Stock | CAD 2.21 0.42 3.06% |
If you're considering investing in OrganiGram Stock, it is important to understand the factors that can impact its price. As of today, the current price of OrganiGram Holdings stands at 2.33, as last reported on the 30th of December, with the highest price reaching 2.38 and the lowest price hitting 2.26 during the day. As of now, OrganiGram Stock is very risky. OrganiGram Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0053, which implies the firm had a 0.0053% return per unit of risk over the last 3 months. We have found thirty technical indicators for OrganiGram Holdings, which you can use to evaluate the volatility of the company. Please check OrganiGram Holdings' Semi Deviation of 2.91, risk adjusted performance of 0.0118, and Coefficient Of Variation of 18715.83 to confirm if the risk estimate we provide is consistent with the expected return of 0.0174%.
OrganiGram Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
OrganiGram |
Sharpe Ratio = 0.0053
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OGI |
Estimated Market Risk
| 3.25 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.02 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 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.
OrganiGram Holdings Valuation on November 6, 2024
It is possible to determine the worth of OrganiGram Holdings on a given historical date. On November 6, 2024 OrganiGram was worth 2.38 at the beginning of the trading date compared to the closed value of 2.34. 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 | |
| 2.51 | 2.56 | 2.46 | 2.56 | 135,225 | |
11/06/2024 | 2.38 | 2.40 | 2.25 | 2.34 | 601,859 |
| 2.33 | 2.34 | 2.25 | 2.28 | 303,722 |
| Backtest OrganiGram Holdings | | | OrganiGram Holdings History | | | OrganiGram Holdings Valuation | Previous | Next |
OrganiGram Holdings Trading Date Momentum on November 6, 2024
| On November 07 2024 OrganiGram Holdings was traded for 2.28 at the closing time. The maximum traded price for the trading interval was 2.34 and the lowest daily price was 2.25 . The daily volume was recorded at 303.7 K. The volume of trading on 7th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 2.56% . The trading delta at closing time to the closing price today is 12.39% . |
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
OrganiGram Holdings Inc., through its subsidiaries, produces and sells cannabis and cannabis-derived products in Canada. OrganiGram Holdings Inc. was founded in 2013 and is headquartered in Moncton, Canada. ORGANIGRAM HOLDINGS operates under Drug ManufacturersSpecialty Generic classification in Canada and is traded on Toronto Stock Exchange. It employs 474 people.
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 30, 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 30, 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 | 0.0118 | |||
| Jensen Alpha | 0.0271 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.01) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.