Should you buy Alzamend after the latest volatility slide?

It seems Alzamend Neuro may not have a good chance to recover from the latest slide as its shares fell again. The firm current daily volatility is 7.84 percent, with a beta of 0.69 and an alpha of -0.23 over DOW. Whilst many millenniums are getting more into investing against high market volatility, it is quite pruden to outline Alzamend Neuro based on its historical prices. We will evaluate why recent Alzamend Neuro price moves suggest a bounce in January.
Published over a year ago
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Reviewed by Rifka Kats

Alzamend Neuro currently holds roughly 15.62 M in cash with (3.73 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18.
The firm shows a Beta (market volatility) of 0.6894, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Alzamend's beta means in this case. As returns on the market increase, Alzamend Neuro returns are expected to increase less than the market. However, during the bear market, the loss on holding Alzamend Neuro will be expected to be smaller as well. Even though it is essential to pay attention to Alzamend Neuro historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Alzamend Neuro exposes twenty-one different technical indicators, which can help you to evaluate its performance. Alzamend Neuro has an expected return of -0.0153%. Please be advised to confirm Alzamend Neuro jensen alpha and downside variance to decide if Alzamend Neuro performance from the past will be repeated at some point in the near future.
Investing in Alzamend Neuro, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Alzamend Neuro along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alzamend Neuro. Your research has to be compared to or analyzed against Alzamend Neuro's peers to derive any actionable benefits. When done correctly, Alzamend Neuro's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Alzamend Neuro.

Watch out for price decline

Please consider monitoring Alzamend Neuro on a daily basis if you are holding a position in it. Alzamend Neuro is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as Alzamend Neuro stock to be traded above the $1 level to remain listed. If Alzamend Neuro stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.

How important is Alzamend Neuro's Liquidity

Alzamend Neuro financial leverage refers to using borrowed capital as a funding source to finance Alzamend Neuro ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Alzamend Neuro financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Alzamend Neuro's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Alzamend Neuro's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Alzamend Neuro's total debt and its cash.

Alzamend Neuro Gross Profit

Alzamend Neuro Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Alzamend Neuro previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Alzamend Neuro Gross Profit growth over the last 10 years. Please check Alzamend Neuro's gross profit and other fundamental indicators for more details.

Alzamend Neuro Correlation with Peers

Investors in Alzamend can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Alzamend Neuro. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Alzamend Neuro and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Alzamend is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of Alzamend for more details

Breaking down Alzamend Neuro Indicators

Alzamend Neuro secures Sharpe Ratio (or Efficiency) of -0.002, which signifies that the company had -0.002% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Alzamend Neuro exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Alzamend Neuro risk adjusted performance of (0.012124), and Mean Deviation of 4.92 to double-check the risk estimate we provide.

Is Alzamend Neuro growth viable after the slide?

Latest kurtosis is at 7.38. Alzamend Neuro is displaying above-average volatility over the selected time horizon. Investors should scrutinize Alzamend Neuro independently to ensure intended market timing strategies are aligned with expectations about Alzamend Neuro volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Alzamend Neuro's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Alzamend Neuro's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Alzamend Neuro Implied Volatility

Alzamend Neuro's implied volatility exposes the market's sentiment of Alzamend Neuro stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alzamend Neuro's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Alzamend Neuro stock will not fluctuate a lot when Alzamend Neuro's options are near their expiration.

Our Final Perspective on Alzamend Neuro

Whereas many other companies in the biotechnology industry are either recovering or due for a correction, Alzamend Neuro may not be performing as strong as the other in terms of long-term growth potentials. To conclude, as of the 13th of December 2021, we believe that at this point, Alzamend Neuro is very risky with quite high odds of distress within the next 2 years. From a slightly different point of view, the entity appears to be undervalued. Our primary 90 days buy-sell recommendation on the company is Cautious Hold.

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Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Alzamend Neuro. Please refer to our Terms of Use for any information regarding our disclosure principles.

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