Alpha Cognition Stock Price on January 18, 2024
ACOGF Stock | USD 6.62 0.05 0.75% |
If you're considering investing in Alpha OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alpha Cognition stands at 6.62, as last reported on the 2nd of December, with the highest price reaching 6.88 and the lowest price hitting 6.52 during the day. Alpha Cognition secures Sharpe Ratio (or Efficiency) of -0.0409, which signifies that the company had a -0.0409% return per unit of risk over the last 3 months. Alpha Cognition exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alpha Cognition's Mean Deviation of 1976.96, coefficient of variation of 813.88, and Risk Adjusted Performance of 0.1039 to double-check the risk estimate we provide.
Alpha OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alpha |
Sharpe Ratio = -0.0409
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Estimated Market Risk
9.0 actual daily | 80 80% of assets are less volatile |
Expected Return
-0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alpha Cognition is not performing at its full potential. However, 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 Alpha Cognition by adding Alpha Cognition to a well-diversified portfolio.
Alpha Cognition Valuation on January 18, 2024
It is possible to determine the worth of Alpha Cognition on a given historical date. On January 18, 2024 Alpha was worth 16.75 at the beginning of the trading date compared to the closed value of 18.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alpha Cognition otc stock. Still, in general, we apply an absolute valuation method to find Alpha Cognition's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alpha Cognition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alpha Cognition's related companies.
Open | High | Low | Close | Volume | |
16.42 | 16.75 | 15.98 | 16.25 | 1,375 | |
01/18/2024 | 16.75 | 18.25 | 16.44 | 18.00 | 2,534 |
18.25 | 18.50 | 18.00 | 18.15 | 2,604 |
Backtest Alpha Cognition | | | Alpha Cognition History | | | Alpha Cognition Valuation | Previous | Next |
Alpha Cognition Trading Date Momentum on January 18, 2024
On January 19 2024 Alpha Cognition was traded for 18.15 at the closing time. The highest daily price throughout the period was 18.50 and the lowest price was 18.00 . The daily volume was 2.6 K. The net trading volume on 01/19/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.83% . The overall trading delta to current closing price is 8.94% . |
Alpha Cognition Fundamentals Correlations and Trends
By evaluating Alpha Cognition's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alpha Cognition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alpha financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alpha Cognition OTC Stock history
Alpha Cognition investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Alpha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alpha Cognition will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Alpha Cognition stock prices may prove useful in developing a viable investing in Alpha Cognition
Alpha Cognition Inc., a clinical stage biopharmaceutical company, focuses on developing treatments for Alzheimers disease and amyotrophic lateral sclerosis . Alpha Cognition Inc. was founded in 2000 and is headquartered in Vancouver, Canada. Alpha Cognition is traded on OTC Exchange in the United States.
Alpha Cognition OTC Stock Technical Analysis
Alpha Cognition technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Price Boundaries
Alpha Cognition Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Alpha Cognition cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Alpha Cognition December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Alpha Cognition otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alpha Cognition shares will generate the highest return on investment. By undertsting and applying Alpha Cognition otc stock market strength indicators, traders can identify Alpha Cognition entry and exit signals to maximize returns
Alpha Cognition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alpha Cognition's price direction in advance. Along with the technical and fundamental analysis of Alpha OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alpha to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1039 | |||
Jensen Alpha | 1367.86 | |||
Total Risk Alpha | (359.29) | |||
Sortino Ratio | 52.95 | |||
Treynor Ratio | (0.35) |
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Volume Indicators |
Complementary Tools for Alpha OTC Stock analysis
When running Alpha Cognition's price analysis, check to measure Alpha Cognition'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 Alpha Cognition is operating at the current time. Most of Alpha Cognition's value examination focuses on studying past and present price action to predict the probability of Alpha Cognition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha Cognition's price. Additionally, you may evaluate how the addition of Alpha Cognition to your portfolios can decrease your overall portfolio volatility.
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