Alpha Cognition Correlations

ACOGF Stock

USD 6.41 0.06 0.94%

The current 90-days correlation between Alpha Cognition and ImmuCell is 0.16 (i.e., Average diversification). The correlation of Alpha Cognition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Alpha Cognition Correlation With Market

Average diversification

The correlation between Alpha Cognition and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Alpha Cognition and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Alpha Cognition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alpha Cognition when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alpha Cognition - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alpha Cognition to buy it.

Moving together with Alpha OTC Stock

0.66	VRTX	Vertex Pharmaceuticals Earnings Call This Week	Pair Corr
0.82	CSLLY	CSL	Pair Corr
0.78	CMXHF	CSL Limited	Pair Corr
0.85	REGN	Regeneron Pharmaceuticals	Pair Corr
0.68	SGEN	Seagen Inc	Pair Corr
0.85	BKRKY	Bank Rakyat Earnings Call This Week	Pair Corr
0.8	PPERY	Bank Mandiri Persero	Pair Corr
0.75	PPERF	Bank Mandiri Persero	Pair Corr
0.73	PBCRY	Bank Central Asia	Pair Corr
0.74	PTBRY	Bank Negara Indonesia	Pair Corr
0.68	KO	Coca Cola Earnings Call This Week	Pair Corr

Moving against Alpha OTC Stock

0.83	MZHOF	Mizuho Financial Normal Trading	Pair Corr
0.72	V	Visa Class A	Pair Corr
0.62	MBFJF	Mitsubishi UFJ Financial Earnings Call This Week	Pair Corr
0.61	ARGX	argenx NV ADR	Pair Corr
0.53	LPTH	LightPath Technologies Earnings Call This Week	Pair Corr
0.45	JPSTF	JAPAN POST BANK	Pair Corr
0.76	WMT	Walmart Aggressive Push	Pair Corr
0.7	AXP	American Express	Pair Corr
0.64	CSCO	Cisco Systems	Pair Corr
0.64	BAC	Bank of America	Pair Corr
0.53	GILT	Gilat Satellite Networks	Pair Corr
0.45	T	ATT Inc Earnings Call This Week	Pair Corr
0.34	MSFT	Microsoft	Pair Corr

Related Correlations Analysis

	AKESF	ADYX	AVXT	BCDAW	ADILW	TRGNF	FENC	ICCC	LIPO	ASCLF
AKESF		0.0	0.06	0.62	0.63	0.0	-0.53	-0.8	-0.4	-0.71	AKESF
ADYX	0.0		0.0	0.0	0.0	1.0	0.0	0.0	0.0	0.0	ADYX
AVXT	0.06	0.0		0.3	0.41	0.0	-0.36	-0.34	0.46	-0.46	AVXT
BCDAW	0.62	0.0	0.3		0.5	0.0	-0.53	-0.72	-0.06	-0.63	BCDAW
ADILW	0.63	0.0	0.41	0.5		0.0	-0.66	-0.83	-0.01	-0.69	ADILW
TRGNF	0.0	1.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	TRGNF
FENC	-0.53	0.0	-0.36	-0.53	-0.66	0.0		0.81	0.08	0.58	FENC
ICCC	-0.8	0.0	-0.34	-0.72	-0.83	0.0	0.81		0.15	0.76	ICCC
LIPO	-0.4	0.0	0.46	-0.06	-0.01	0.0	0.08	0.15		-0.04	LIPO
ASCLF	-0.71	0.0	-0.46	-0.63	-0.69	0.0	0.58	0.76	-0.04		ASCLF
	AKESF	ADYX	AVXT	BCDAW	ADILW	TRGNF	FENC	ICCC	LIPO	ASCLF

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

TRGNF	+ 1.0	ADYX
ICCC	+ 0.81	FENC
ASCLF	+ 0.76	ICCC
ADILW	+ 0.63	AKESF
BCDAW	+ 0.62	AKESF
ASCLF	+ 0.58	FENC

High negative correlations

ICCC	- 0.83	ADILW
ICCC	- 0.8	AKESF
ICCC	- 0.72	BCDAW
ASCLF	- 0.71	AKESF
ASCLF	- 0.69	ADILW
FENC	- 0.66	ADILW

Risk-Adjusted Indicators

There is a big difference between Alpha OTC Stock performing well and Alpha Cognition OTC Stock doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Alpha Cognition's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
AKESF	1.66	(0.32)	0.00	(1.51)	0.00	0.00	6.15	(6.67)	20.76
ADYX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AVXT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BCDAW	17.63	2.23	0.06	(0.28)	18.27	(28.05)	57.25	(40.00)	139.50
ADILW	25.83	3.32	0.11	0.61	25.95	(39.21)	95.66	(55.00)	199.49
TRGNF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FENC	3.24	0.54	0.14	0.65	3.53	(4.19)	7.87	(6.75)	23.48
ICCC	3.10	0.67	0.15	1.70	3.40	(3.27)	7.86	(6.75)	20.41
LIPO	4.81	(0.01)	0.00	0.09	0.00	0.00	12.55	(10.51)	46.17
ASCLF	1.83	0.75	0.00	(2.03)	0.00	0.00	0.00	0.00	33.33

Be your own money manager

Our tools can tell you how much better you can do entering a position in Alpha Cognition without increasing your portfolio risk or giving up the 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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Alpha Cognition Corporate Management

Elected by the shareholders, the Alpha Cognition's board of directors comprises two types of representatives: Alpha Cognition inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Alpha. The board's role is to monitor Alpha Cognition's management team and ensure that shareholders' interests are well served. Alpha Cognition's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Alpha Cognition's outside directors are responsible for providing unbiased perspectives on the board's policies.

LLB BA	Special Founder	Profile
Colleen Johns	VP Devel	Profile
Lauren MBA	Chief Officer	Profile
Denis Kay	Chief Officer	Profile
Donald BA	Chief Officer	Profile
Michael McFadden	CEO Director	Profile
MBA MD	Chief Officer	Profile

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