Origin Stock Performance

ORGN
 Stock
  

USD 5.64  0.10  1.81%   

The company holds a Beta of 1.4036, 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-one 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 deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Origin Materials performance from the past will be repeated at some point in the near future.
  
Origin Performance
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Over the last 90 days Origin Materials has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest unsteady performance, the Stock's technical and fundamental indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more

Structure and Payout Changes

Dividend Date
2020-02-25

Origin Price Channel

Quick Ratio42.84
Fifty Two Week Low4.65
Target High Price20.00
Fifty Two Week High7.71
Target Low Price7.00

Origin Materials Relative Risk vs. Return Landscape

If you would invest  618.00  in Origin Materials on August 30, 2022 and sell it today you would lose (54.00)  from holding Origin Materials or give up 8.74% of portfolio value over 90 days. Origin Materials is currently does not generate positive expected returns and assumes 2.8394% risk (volatility on return distribution) over the 90 days horizon. In different words, 24% of stocks are less volatile than Origin, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Origin Materials is expected to under-perform the market. In addition to that, the company is 2.07 times more volatile than its market benchmark. It trades about -0.04 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.09 per unit of volatility.

Origin Materials Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Origin Materials' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Origin Materials, and traders can use it to determine the average amount a Origin Materials' 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 = -0.0372

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Estimated Market Risk
 2.84
  actual daily
 
 24 %
of total potential
 
2424
Expected Return
 -0.11
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.04
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Origin Materials is performing at about 0% 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 Origin Materials by adding it to a well-diversified portfolio.

About Origin Materials Performance

To evaluate Origin Materials 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 Origin Materials 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 Origin 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 Origin Materials market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Origin'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.
Micromidas, Inc., doing business as Origin Materials, produces and commercializes plant-based PET plastic. The company was incorporated in 2008 and is based in West Sacramento, California with a facility in Sarnia, Canada. Origin Materials operates under Chemicals classification in the United States and is traded on NASDAQ Exchange. It employs 86 people.

Things to note about Origin Materials

Checking the ongoing alerts about Origin Materials for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Origin Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Origin Materials Alerts

Equity Alerts and Improvement Suggestions

Origin Materials generated a negative expected return over the last 90 days
Origin Materials is unlikely to experience financial distress in the next 2 years
Origin Materials currently holds about 406.14 M in cash with (18.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.95.
Roughly 27.0% of the company outstanding shares are owned by corporate insiders
Latest headline from MacroaxisInsider: Bona fide gift to Riley Richard J of 14000 shares of Origin Materials subject to Section 16
Please check Your Equity Center. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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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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
804.9 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.