Organigram Holdings Stock Performance
OGI Stock | CAD 2.59 0.05 1.89% |
On a scale of 0 to 100, OrganiGram Holdings holds a performance score of 3. The company holds a Beta of 2.05, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, OrganiGram Holdings will likely underperform. Please check OrganiGram Holdings' total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether OrganiGram Holdings' historical price patterns will revert.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in OrganiGram Holdings are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very abnormal forward indicators, OrganiGram Holdings displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:4 | Last Split Date 2023-07-07 |
1 | Should You Sell OrganiGram Holdings Inc in Drug Manufacturers - Specialty Generic Industry - InvestorsObserver | 02/27/2024 |
2 | Is OrganiGram Holdings Inc a Good Choice in Drug Manufacturers - Specialty Generic Friday - InvestorsObserver | 03/08/2024 |
3 | Donald Geoffrey Machum Sells 23,000 Shares of Organigram Holdings Inc. Stock - MarketBeat | 03/13/2024 |
4 | Organigram Hits New 1-Year High at 3.15 - MarketBeat | 03/19/2024 |
5 | Organigram Stock Price Down 6 percent - Defense World | 03/27/2024 |
6 | Is it Time to Dump OrganiGram Holdings Inc Stock After it Is Lower By 23.90 percent in a Week - InvestorsObserver | 04/01/2024 |
7 | Closing Bell Organigram Holdings Inc down on Thursday - The Globe and Mail | 04/04/2024 |
8 | Closing Bell Organigram Holdings Inc up on Monday - Barchart | 04/29/2024 |
Begin Period Cash Flow | 68.5 M |
OrganiGram |
OrganiGram Holdings Relative Risk vs. Return Landscape
If you would invest 245.00 in OrganiGram Holdings on February 2, 2024 and sell it today you would earn a total of 14.00 from holding OrganiGram Holdings or generate 5.71% return on investment over 90 days. OrganiGram Holdings is generating 0.2724% of daily returns assuming 6.1696% volatility of returns over the 90 days investment horizon. Simply put, 54% of all stocks have less volatile historical return distribution than OrganiGram Holdings, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
Risk |
OrganiGram Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for OrganiGram Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as OrganiGram Holdings, and traders can use it to determine the average amount a OrganiGram Holdings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0441
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Estimated Market Risk
6.17 actual daily | 54 54% of assets are less volatile |
Expected Return
0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average OrganiGram Holdings is performing at about 3% of its full potential. 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 it to a well-diversified portfolio.
OrganiGram Holdings Fundamentals Growth
OrganiGram Stock prices reflect investors' perceptions of the future prospects and financial health of OrganiGram Holdings, and OrganiGram Holdings fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on OrganiGram Stock performance.
Return On Equity | -0.55 | ||||
Return On Asset | -0.0556 | ||||
Profit Margin | (1.54) % | ||||
Operating Margin | (0.44) % | ||||
Current Valuation | 211.11 M | ||||
Shares Outstanding | 103 M | ||||
Price To Book | 1.07 X | ||||
Price To Sales | 1.85 X | ||||
Revenue | 145.81 M | ||||
Gross Profit | 31.57 M | ||||
EBITDA | (15.21 M) | ||||
Net Income | (229.48 M) | ||||
Cash And Equivalents | 44.78 M | ||||
Cash Per Share | 0.23 X | ||||
Total Debt | 3.36 M | ||||
Debt To Equity | 0.28 % | ||||
Current Ratio | 5.15 X | ||||
Book Value Per Share | 3.18 X | ||||
Cash Flow From Operations | (36.21 M) | ||||
Earnings Per Share | (2.51) X | ||||
Market Capitalization | 271.92 M | ||||
Total Asset | 577.11 M | ||||
Retained Earnings | (289.93 M) | ||||
Working Capital | 166.34 M | ||||
About OrganiGram Holdings Performance
To evaluate OrganiGram Holdings Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when OrganiGram Holdings generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare OrganiGram Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand OrganiGram Holdings market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents OrganiGram's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for Next Year | ||
Days Of Inventory On Hand | 218.16 | 181.46 | |
Return On Tangible Assets | (0.03) | (0.03) | |
Return On Capital Employed | (0.07) | (0.08) | |
Return On Assets | (0.02) | (0.03) | |
Return On Equity | (0.03) | (0.03) |
Things to note about OrganiGram Holdings performance evaluation
Checking the ongoing alerts about OrganiGram Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for OrganiGram Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.OrganiGram Holdings had very high historical volatility over the last 90 days | |
The company reported the revenue of 145.81 M. Net Loss for the year was (229.48 M) with profit before overhead, payroll, taxes, and interest of 31.57 M. | |
OrganiGram Holdings has accumulated about 44.78 M in cash with (36.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23. | |
Roughly 27.0% of the company outstanding shares are owned by corporate insiders | |
Latest headline from news.google.com: Closing Bell Organigram Holdings Inc up on Monday - Barchart |
- Analyzing OrganiGram Holdings' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether OrganiGram Holdings' stock is overvalued or undervalued compared to its peers.
- Examining OrganiGram Holdings' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating OrganiGram Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of OrganiGram Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of OrganiGram Holdings' stock. These opinions can provide insight into OrganiGram Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
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 tightly coupled 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for OrganiGram Stock analysis
When running OrganiGram Holdings' price analysis, check to measure OrganiGram Holdings' 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 OrganiGram Holdings is operating at the current time. Most of OrganiGram Holdings' value examination focuses on studying past and present price action to predict the probability of OrganiGram Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OrganiGram Holdings' price. Additionally, you may evaluate how the addition of OrganiGram Holdings to your portfolios can decrease your overall portfolio volatility.
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