Osisko Gold Stock Forward View - Double Exponential Smoothing
| OR Stock | CAD 47.30 -0.71 -1.48% |
The Double Exponential Smoothing forecast reference data for Osisko Gold Ro is based on the equity's recent trading history. Forecast values and accuracy indicators are summarized on this page for reference. This reference information is provided for analytical context.
The Double Exponential Smoothing forecasted value of Osisko Gold Ro on the next trading day is expected to be 46.96 with a mean absolute deviation of 1.52 and the sum of the absolute errors of 91.29.When Osisko Gold Ro prices exhibit either an increasing or decreasing trend over time, simple exponential smoothing forecasts tend to lag behind observations. Double exponential smoothing is designed to address this type of data series by taking into account any Osisko Gold Ro trend in the prices. So in double exponential smoothing past observations are given exponentially smaller weights as the observations get older. In other words, recent Osisko Gold observations are given relatively more weight in forecasting than the older observations. The Double Exponential Smoothing projections for Osisko Gold Ro are reference data based on historical daily prices and are provided as informational context. Double Exponential Smoothing Price Forecast For the 28th of March
Given 90 days horizon, the Double Exponential Smoothing forecasted value of Osisko Gold Ro on the next trading day is expected to be 46.96 with a mean absolute deviation of 1.52 , mean absolute percentage error of 4.34 , and the sum of the absolute errors of 91.29 .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
Forecasting Osisko Gold Ro for the next session involves measuring the model's historical ability to define credible downside and upside scenarios. The current forecast range spans downside near 43.45 and upside near 50.47.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Double Exponential Smoothing 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 | Huge |
| Bias | Arithmetic mean of the errors | -0.1257 |
| MAD | Mean absolute deviation | 1.5215 |
| MAPE | Mean absolute percentage error | 0.0275 |
| SAE | Sum of the absolute errors | 91.2873 |
Other Forecasting Options for Osisko Gold
Volatility clustering is a well-documented feature of Osisko Stock price data where periods of large moves tend to follow other large moves. When Osisko Gold's RSI reaches extreme levels, it often precedes a short-term price correction or consolidation. Seasonal patterns in Osisko Gold's returns can persist when driven by structural factors like earnings calendars or index rebalancing.Osisko Gold Related Equities
Osisko Gold's market space within the Materials space is best grasped by looking at the firms listed below. Checking Osisko Gold against peers on P/E, margins, and return on equity helps put its position in context.
| Risk & Return | Correlation |
Osisko Gold Market Strength Events
Analyzing market strength indicators for Osisko Gold enables investors to understand relative stock momentum. These tools help identify favorable windows for position changes in Osisko Gold Ro. Market strength indicators support more precise timing of Osisko Gold Ro positions across market cycles.
Osisko Gold Risk Indicators
Identifying and analyzing Osisko Gold's key risk indicators is a foundational step in projecting how its price may evolve. This process involves measuring the level of investment risk in Osisko Gold's and determining how best to manage it. Studying Osisko Gold's risk indicators helps investors understand the risk level of osisko stock.
| Mean Deviation | 2.5 | |||
| Standard Deviation | 3.44 | |||
| Variance | 11.81 |
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
A coverage review of Osisko Gold Ro shows when the security is attracting above-average attention from contributors and market observers. A disciplined read of coverage separates durable relevance from temporary noise.
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Osisko Gold Short Properties
Short-interest signals around Osisko Gold Ro can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. 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 | 194.8 M |
More Resources for Osisko Stock Analysis
A broader look at Osisko Gold Ro comes from its financial reports and historical data. The dataset reflects Osisko Gold's reporting across available periods.Cross-checking projections for Osisko Gold against Historical Fundamental Analysis of Osisko Gold can provide additional context. Osisko Gold at P/E 52.9 and ROE 15.73% (8.89 Billion market cap) - this analysis works best as a complementary layer when evaluating how the position fits in a broader portfolio. Combining those profitability and valuation signals with the risk, diversification, and comparative tools below produces a more informed Basic Materials position-sizing decision. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.