Cogna Educacao Sa Stock Market Value
| COGNY Stock | USD 0.27 0.01 3.85% |
| Symbol | Cogna |
Cogna Educacao '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 Cogna Educacao's pink sheet 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 Cogna Educacao.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Cogna Educacao on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Cogna Educacao SA or generate 0.0% return on investment in Cogna Educacao over 30 days. Cogna Educacao is related to or competes with Universal Technical, ATA Creativity, Sunlands Technology, Vasta Platform, Ambow Education, American Public, and Strategic Education. Cogna Educao S.A. operates as a private educational organization in Brazil and internationally More
Cogna Educacao 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 Cogna Educacao's pink sheet 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 Cogna Educacao SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.48 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 23.76 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 8.0 |
Cogna Educacao Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cogna Educacao's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cogna Educacao's standard deviation. In reality, there are many statistical measures that can use Cogna Educacao historical prices to predict the future Cogna Educacao's volatility.| Risk Adjusted Performance | 0.0125 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.82) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0212 |
Cogna Educacao SA Backtested Returns
At this stage we consider Cogna Pink Sheet to be out of control. Cogna Educacao SA secures Sharpe Ratio (or Efficiency) of 0.028, which signifies that the company had a 0.028% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cogna Educacao SA, which you can use to evaluate the volatility of the firm. Please confirm Cogna Educacao's Downside Deviation of 6.48, mean deviation of 3.92, and Risk Adjusted Performance of 0.0125 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. Cogna Educacao has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.83, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cogna Educacao's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cogna Educacao is expected to be smaller as well. Cogna Educacao SA right now shows a risk of 5.69%. Please confirm Cogna Educacao SA total risk alpha and the relationship between the downside variance and relative strength index , to decide if Cogna Educacao SA will be following its price patterns.
Auto-correlation | -0.1 |
Very weak reverse predictability
Cogna Educacao SA has very weak reverse predictability. Overlapping area represents the amount of predictability between Cogna Educacao time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Cogna Educacao SA price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Cogna Educacao price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cogna Educacao SA lagged returns against current returns
Autocorrelation, which is Cogna Educacao pink sheet'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 Cogna Educacao's pink sheet expected returns. We can calculate the autocorrelation of Cogna Educacao returns to help us make a trade decision. For example, suppose you find that Cogna Educacao has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
| Timeline |
Cogna Educacao 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 Cogna Educacao pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cogna Educacao pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cogna Educacao pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Cogna Educacao Lagged Returns
When evaluating Cogna Educacao's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cogna Educacao pink sheet have on its future price. Cogna Educacao 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, Cogna Educacao autocorrelation shows the relationship between Cogna Educacao pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Cogna Educacao SA.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Cogna Pink Sheet Analysis
When running Cogna Educacao's price analysis, check to measure Cogna Educacao'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 Cogna Educacao is operating at the current time. Most of Cogna Educacao's value examination focuses on studying past and present price action to predict the probability of Cogna Educacao's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cogna Educacao's price. Additionally, you may evaluate how the addition of Cogna Educacao to your portfolios can decrease your overall portfolio volatility.