Origin Stock Market Value

ORGN
 Stock
  

USD 5.53  0.07  1.25%   

Origin Materials' market value is the price at which a share of Origin Materials stock trades on a public exchange. It measures the collective expectations of Origin Materials investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Origin Materials and determine expected loss or profit from investing in Origin Materials over a given investment horizon. Please check Origin Materials Correlation, Origin Materials Volatility and Origin Materials Alpha and Beta module to complement your research on Origin Materials.
Symbol


Is Origin Materials' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Origin Materials. If investors know Origin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Origin Materials listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.70) 
Market Capitalization
794.9 M
Return On Assets
(0.0419) 
Return On Equity
0.21
The market value of Origin Materials is measured differently than its book value, which is the value of Origin that is recorded on the company's balance sheet. Investors also form their own opinion of Origin Materials' value that differs from its market value or its book value, called intrinsic value, which is Origin Materials' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Origin Materials' market value can be influenced by many factors that don't directly affect Origin Materials' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Origin Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine Origin Materials value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Origin Materials' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Origin Materials '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 Origin Materials' stock 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 Origin Materials.
0.00
11/02/2022
No Change 0.00  0.0 
In 31 days
12/02/2022
0.00
If you would invest  0.00  in Origin Materials on November 2, 2022 and sell it all today you would earn a total of 0.00 from holding Origin Materials or generate 0.0% return on investment in Origin Materials over 30 days. Origin Materials is related to or competes with VANGUARD SMALL-CAP, GROWTH FUND, and Linde PLC. Micromidas, Inc., doing business as Origin Materials, produces and commercializes plant-based PET plastic More

Origin Materials 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 Origin Materials' stock 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 Origin Materials upside and downside potential and time the market with a certain degree of confidence.

Origin Materials Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Origin Materials' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Origin Materials' standard deviation. In reality, there are many statistical measures that can use Origin Materials historical prices to predict the future Origin Materials' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Origin Materials' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Origin Materials in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
2.695.548.39
Details
Intrinsic
Valuation
LowReal ValueHigh
2.745.598.45
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Origin Materials. Your research has to be compared to or analyzed against Origin Materials' peers to derive any actionable benefits. When done correctly, Origin Materials' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Origin Materials.

Origin Materials Backtested Returns

Origin Materials maintains Sharpe Ratio (i.e., Efficiency) of -0.0396, which implies the firm had -0.0396% of return per unit of risk over the last 3 months. Macroaxis standpoint towards forecasting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Origin Materials exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Origin Materials risk adjusted performance of (0.05), and Coefficient Of Variation of (2,578) to confirm the risk estimate we provide.
The company holds a Beta of 1.48, which implies a somewhat significant risk relative to the market. Let's try to break down what Origin's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Origin Materials will likely underperform. Even though it is essential to pay attention to Origin Materials current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our philosophy towards forecasting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Origin Materials exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Origin Materials has an expected return of -0.11%. Please be advised to check Origin Materials downside variance, and the relationship between the sortino ratio and accumulation distribution to decide if Origin Materials performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.1  

Very weak reverse predictability

Origin Materials has very weak reverse predictability. Overlapping area represents the amount of predictability between Origin Materials time series from 2nd of November 2022 to 17th of November 2022 and 17th of November 2022 to 2nd of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Origin Materials price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Origin Materials price fluctuation can be explain by its past prices.
Correlation Coefficient-0.1
Spearman Rank Test-0.11
Residual Average0.0
Price Variance0.01

Origin Materials lagged returns against current returns

Autocorrelation, which is Origin Materials stock'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 Origin Materials' stock expected returns. We can calculate the autocorrelation of Origin Materials returns to help us make a trade decision. For example, suppose you find that Origin Materials stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Origin Materials 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 Origin Materials stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Origin Materials stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Origin Materials stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Origin Materials Lagged Returns

When evaluating Origin Materials' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Origin Materials stock have on its future price. Origin Materials 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, Origin Materials autocorrelation shows the relationship between Origin Materials stock current value and its past values and can show if there is a momentum factor associated with investing in Origin Materials.
   Regressed Prices   
Share
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Origin Materials in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Origin Materials' short interest history, or implied volatility extrapolated from Origin Materials options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Origin Materials using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Origin Materials Correlation, Origin Materials Volatility and Origin Materials Alpha and Beta module to complement your research on Origin Materials. Note that the Origin Materials information on this page should be used as a complementary analysis to other Origin Materials' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Origin Stock analysis

When running Origin Materials price analysis, check to measure Origin Materials' 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 Origin Materials is operating at the current time. Most of Origin Materials' value examination focuses on studying past and present price action to predict the probability of Origin Materials' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Origin Materials' price. Additionally, you may evaluate how the addition of Origin Materials to your portfolios can decrease your overall portfolio volatility.
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Origin Materials 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 Origin Materials technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Origin Materials 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...