OSISKO DEVELOPMENT (Exotistan) Today

ODV
 Stock
  

CAD 6.87  0.37  5.69%   

Market Performance
0 of 100
Odds Of Distress
Less than 24
OSISKO DEVELOPMENT is selling for under 6.87 as of the 29th of June 2022; that is 5.69 percent increase since the beginning of the trading day. The stock's lowest day price was 6.85. OSISKO DEVELOPMENT has about a 24 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for OSISKO DEVELOPMENT CORP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of May 2022 and ending today, the 29th of June 2022. Click here to learn more.
Osisko Development Corp., a gold mining company, engages in the exploration, evaluation, and development of mining projects. Osisko Development Corp. is a subsidiary of Osisko Gold Royalties Ltd. OSISKO DEVELOPMENT operates under Gold classification in Exotistan and is traded on Commodity Exchange.. The company has 133.2 M outstanding shares of which 719.34 K shares are now shorted by private and institutional investors with about 36.11 days to cover all short positions. More on OSISKO DEVELOPMENT CORP

Moving against OSISKO DEVELOPMENT

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Follow Valuation Odds of Bankruptcy
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OSISKO DEVELOPMENT Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. OSISKO DEVELOPMENT's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding OSISKO DEVELOPMENT or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
OSISKO DEVELOPMENT generated a negative expected return over the last 90 days
OSISKO DEVELOPMENT has high historical volatility and very poor performance
The company reported the revenue of 7.66 M. Net Loss for the year was (133.3 M) with loss before overhead, payroll, taxes, and interest of (21.2 M).
OSISKO DEVELOPMENT CORP has accumulated about 33.41 M in cash with (41.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25.
Roughly 70.0% of the company outstanding shares are owned by corporate insiders
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of OSISKO DEVELOPMENT's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellFairly Valued
OSISKO DEVELOPMENT CORP (ODV) is traded on Commodity Exchange in Exotistan . The company currently falls under 'Mid-Cap' category with current market capitalization of 1.15 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate OSISKO DEVELOPMENT's market, we take the total number of its shares issued and multiply it by OSISKO DEVELOPMENT's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. OSISKO DEVELOPMENT CORP classifies itself under Basic Materials sector and is part of Gold industry. The entity has 133.2 M outstanding shares of which 719.34 K shares are now shorted by private and institutional investors with about 36.11 days to cover all short positions. OSISKO DEVELOPMENT CORP has accumulated about 33.41 M in cash with (41.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25.
Check OSISKO DEVELOPMENT Probability Of Bankruptcy
Ownership
OSISKO DEVELOPMENT owns a total of one hundred thirty-three million one hundred ninety-nine thousand nine hundred ninety-nine outstanding shares. OSISKO DEVELOPMENT holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 70.31 pct. of OSISKO DEVELOPMENT CORP outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how much assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check OSISKO Ownership Details

OSISKO Stock Price Odds Analysis

What are OSISKO DEVELOPMENT's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of OSISKO DEVELOPMENT jumping above the current price in 90 days from now is roughly 97.0%. The OSISKO DEVELOPMENT CORP probability density function shows the probability of OSISKO DEVELOPMENT stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon OSISKO DEVELOPMENT has a beta of 0.0741. This indicates as returns on the market go up, OSISKO DEVELOPMENT average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding OSISKO DEVELOPMENT CORP will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. OSISKO DEVELOPMENT CORP is significantly underperforming DOW.
  Odds Below 6.87HorizonTargetOdds Above 6.87
3.47%90 days
 6.87 
96.51%
Based on a normal probability distribution, the odds of OSISKO DEVELOPMENT to move above the current price in 90 days from now is roughly 97.0 (This OSISKO DEVELOPMENT CORP probability density function shows the probability of OSISKO Stock to fall within a particular range of prices over 90 days) .

OSISKO DEVELOPMENT CORP Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. OSISKO DEVELOPMENT market risk premium is the additional return an investor will receive from holding OSISKO DEVELOPMENT long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in OSISKO DEVELOPMENT. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although OSISKO DEVELOPMENT's alpha and beta are two of the key measurements used to evaluate OSISKO DEVELOPMENT's performance over the market, the standard measures of volatility play an important role as well.

OSISKO Stock Against Markets

Picking the right benchmark for OSISKO DEVELOPMENT stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in OSISKO DEVELOPMENT stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for OSISKO DEVELOPMENT is critical whether you are bullish or bearish towards OSISKO DEVELOPMENT CORP at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in OSISKO DEVELOPMENT without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Investing OSISKO DEVELOPMENT CORP

You need to understand the risk of investing before taking a position in OSISKO DEVELOPMENT. The danger of trading OSISKO DEVELOPMENT CORP is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of OSISKO DEVELOPMENT is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than OSISKO DEVELOPMENT. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile OSISKO DEVELOPMENT CORP is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Your Equity Center. Note that the OSISKO DEVELOPMENT CORP information on this page should be used as a complementary analysis to other OSISKO DEVELOPMENT's 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for OSISKO Stock analysis

When running OSISKO DEVELOPMENT CORP price analysis, check to measure OSISKO DEVELOPMENT's 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 OSISKO DEVELOPMENT is operating at the current time. Most of OSISKO DEVELOPMENT's value examination focuses on studying past and present price action to predict the probability of OSISKO DEVELOPMENT's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OSISKO DEVELOPMENT's price. Additionally, you may evaluate how the addition of OSISKO DEVELOPMENT to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between OSISKO DEVELOPMENT's value and its price as these two are different measures arrived at by different means. Investors typically determine OSISKO DEVELOPMENT value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OSISKO DEVELOPMENT's 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.