Osisko Gold Stock Forward View
| OR Stock | USD 34.13 -0.64 -1.84% |
The Naive Prediction reference data for Osisko Gold is derived from the equity's published trading history. The resulting forecast and deviation statistics are presented as reference data for informational context. Forecast values and accuracy statistics are presented for informational purposes. All values shown are derived from publicly available market data.
The Naive Prediction forecasted value of Osisko Gold Ro on the next trading day is expected to be 30.06 with a mean absolute deviation of 1.67 and the sum of the absolute errors of 101.57.This model is not at all useful as a medium-long range forecasting tool of Osisko Gold Ro. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Osisko Gold. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights. The forecast reference data presented here for Osisko Gold Ro reflects Naive Prediction model output and is intended as reference material for analytical use. Osisko Gold Cash Forecast
Statistical forecasting of Osisko Gold's financial indicators relies on detecting patterns in past data. Business cycle sensitivity and seasonal effects are factored into forward-looking estimates of Osisko Gold's position. Statistical pattern recognition reveals recurring cycles in Osisko Gold's cash generation. Forward-looking estimates are generated with quantified uncertainty ranges.
Cash | First Reported 2005-03-31 | Previous Quarter 79.4 M | Current Value 194.7 M | Quarterly Volatility 148.9 M |
Macro event markers
Naive Prediction Price Forecast For the 27th of March
Given 90 days horizon, the Naive Prediction forecasted value of Osisko Gold Ro on the next trading day is expected to be 30.06 with a mean absolute deviation of 1.67 , mean absolute percentage error of 4.33 , and the sum of the absolute errors of 101.57 .Please note that although there have been many attempts to predict Osisko Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Osisko Gold's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Osisko Gold | Osisko Gold Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Osisko Gold Ro focuses on identifying predictive downside and upside bands that can frame a realistic trading range. The current forecast range spans downside near 26.33 and upside near 33.79.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Osisko Gold stock data series using in forecasting. Note that when a statistical model is used to represent Osisko Gold stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 119.5756 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.6651 |
| MAPE | Mean absolute percentage error | 0.041 |
| SAE | Sum of the absolute errors | 101.5712 |
Other Forecasting Options for Osisko Gold
Fibonacci retracement levels applied to Osisko Stock price swings identify potential support and resistance zones. Extreme price moves in Osisko occur more frequently than standard risk models assume. Support and resistance levels derived from Osisko Gold's historical data identify zones where buying or selling pressure has stalled moves. A volume spike without a corresponding price move can signal accumulation or distribution ahead of a directional breakout.Osisko Gold Related Equities
These stocks are related to Osisko Gold within the Materials space and can be used for peer review, pricing, or spreading risk. Profit comparisons show whether Osisko Gold earns above or below average returns next to its peers.
| Risk & Return | Correlation |
Osisko Gold Market Strength Events
Tracking market strength indicators for Osisko Gold provides context for understanding stock momentum dynamics. Tracking these indicators helps identify periods where trading Osisko Gold is likely to be most rewarding. These tools are essential for timing trades in Osisko Gold Ro with a quantitative framework. Market strength indicators for Osisko Gold Ro are most useful when viewed as part of a broader analytical framework.
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 34.13 | |||
| Day Typical Price | 34.13 | |||
| Price Action Indicator | -0.32 | |||
| Period Momentum Indicator | -0.64 | |||
| Relative Strength Index | 45.7 |
Osisko Gold Risk Indicators
Properly assessing Osisko Gold's risk indicators is a prerequisite for building reliable price forecasts. This analysis provides context for determining the appropriate level of risk to accept when holding Osisko Gold's. Analyzing Osisko Gold's risk indicators provides a critical input for investment risk management. By quantifying the risk in Osisko Gold's investment, investors can make more informed decisions about hedging strategies.
| Mean Deviation | 2.6 | |||
| Semi Deviation | 4.5 | |||
| Standard Deviation | 3.62 | |||
| Variance | 13.13 | |||
| Downside Variance | 21.07 | |||
| Semi Variance | 20.25 | |||
| Expected Short fall | -2.29 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Osisko Gold
Story coverage around Osisko Gold Ro often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. A disciplined read of coverage separates durable relevance from temporary noise.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.
Story Categories
Currently Trending Categories
Osisko Gold Short Properties
Reviewing short-oriented indicators for Osisko Gold Ro is useful because long and short participants often create very different signals for timing and volatility. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 189.2 M | |
| Cash And Short Term Investments | 194.7 M |
Additional Tools for Osisko Stock Analysis
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Stocks Directory Find actively traded stocks across global markets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |