Origen Resources Stock Market Value
| OGGNF Stock | USD 0.01 0.00 0.00% |
| Symbol | Origen |
Origen Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Origen Resources' pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Origen Resources.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Origen Resources on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Origen Resources or generate 0.0% return on investment in Origen Resources over 90 days. Origen Resources is related to or competes with HomeTrust Bancshares,, Bassett Furniture, Teleflex Incorporated, HUTCHMED DRC, Joint Corp, and Akanda Corp. Origen Resources Inc., an exploration stage company, engages in the acquisition, exploration, and evaluation of base and... More
Origen Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Origen Resources' pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Origen Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 35.45 |
Origen Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Origen Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Origen Resources' standard deviation. In reality, there are many statistical measures that can use Origen Resources historical prices to predict the future Origen Resources' volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (0.0006) | |||
| Treynor Ratio | 2.17 |
Origen Resources Backtested Returns
Origen Resources maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12 % return per unit of risk over the last 3 months. Origen Resources exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Origen Resources' Variance of 19.05, coefficient of variation of (812.40), and Risk Adjusted Performance of (0.1) to confirm the risk estimate we provide. The company holds a Beta of -0.25, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Origen Resources are expected to decrease at a much lower rate. During the bear market, Origen Resources is likely to outperform the market. At this point, Origen Resources has a negative expected return of -0.55%. Please make sure to check Origen Resources' standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day median price , to decide if Origen Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Origen Resources has no correlation between past and present. Overlapping area represents the amount of predictability between Origen Resources time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Origen Resources price movement. The serial correlation of 0.0 indicates that just 0.0% of current Origen Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Origen Resources lagged returns against current returns
Autocorrelation, which is Origen Resources pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Origen Resources' pink sheet expected returns. We can calculate the autocorrelation of Origen Resources returns to help us make a trade decision. For example, suppose you find that Origen Resources has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Origen Resources regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Origen Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Origen Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Origen Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Origen Resources Lagged Returns
When evaluating Origen Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Origen Resources pink sheet have on its future price. Origen Resources autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Origen Resources autocorrelation shows the relationship between Origen Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Origen Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Origen Pink Sheet
Origen Resources financial ratios help investors to determine whether Origen Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Origen with respect to the benefits of owning Origen Resources security.