Alpha Cognition Stock Market Value
| ACOGF Stock | USD 5.78 0.03 0.52% |
| Symbol | Alpha |
Alpha Cognition 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Alpha Cognition's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Alpha Cognition.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Alpha Cognition on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Alpha Cognition or generate 0.0% return on investment in Alpha Cognition over 30 days. Alpha Cognition Inc., a clinical stage biopharmaceutical company, focuses on developing treatments for Alzheimers diseas... More
Alpha Cognition Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Alpha Cognition's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Alpha Cognition upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 18.88 | |||
| Information Ratio | 0.1228 | |||
| Maximum Drawdown | 66273.61 | |||
| Value At Risk | (16.18) | |||
| Potential Upside | 19.3 |
Alpha Cognition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alpha Cognition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alpha Cognition's standard deviation. In reality, there are many statistical measures that can use Alpha Cognition historical prices to predict the future Alpha Cognition's volatility.| Risk Adjusted Performance | 0.1037 | |||
| Jensen Alpha | 1003.82 | |||
| Total Risk Alpha | (62.19) | |||
| Sortino Ratio | 53.02 | |||
| Treynor Ratio | (39.13) |
Alpha Cognition Backtested Returns
Alpha Cognition is out of control given 3 months investment horizon. Alpha Cognition secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 13.18% are justified by taking the suggested risk. Use Alpha Cognition Risk Adjusted Performance of 0.1037, mean deviation of 1976.98, and Coefficient Of Variation of 814.36 to evaluate company specific risk that cannot be diversified away. Alpha Cognition holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -25.59, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Alpha Cognition are expected to decrease by larger amounts. On the other hand, during market turmoil, Alpha Cognition is expected to outperform it. Use Alpha Cognition sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to analyze future returns on Alpha Cognition.
Auto-correlation | 0.34 |
Below average predictability
Alpha Cognition has below average predictability. Overlapping area represents the amount of predictability between Alpha Cognition time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Alpha Cognition price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Alpha Cognition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 1.19 |
Alpha Cognition lagged returns against current returns
Autocorrelation, which is Alpha Cognition otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Alpha Cognition's otc stock expected returns. We can calculate the autocorrelation of Alpha Cognition returns to help us make a trade decision. For example, suppose you find that Alpha Cognition has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Alpha Cognition regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Alpha Cognition otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alpha Cognition otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alpha Cognition otc stock over time.
Current vs Lagged Prices |
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Alpha Cognition Lagged Returns
When evaluating Alpha Cognition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alpha Cognition otc stock have on its future price. Alpha Cognition autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Alpha Cognition autocorrelation shows the relationship between Alpha Cognition otc stock current value and its past values and can show if there is a momentum factor associated with investing in Alpha Cognition.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Alpha OTC Stock
Alpha Cognition financial ratios help investors to determine whether Alpha OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alpha with respect to the benefits of owning Alpha Cognition security.