Cogstate Limited Stock Market Value
| COGZF Stock | USD 0.68 0.01 1.49% |
| Symbol | Cogstate |
Cogstate '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 Cogstate'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 Cogstate.
| 11/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Cogstate on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Cogstate Limited or generate 0.0% return on investment in Cogstate over 60 days. Cogstate is related to or competes with Healthcare Integrated, ICoreConnect Common, and Mitesco. Cogstate Limited, a neuroscience technology company, provides computerized cognitive tests and electronic clinical outco... More
Cogstate 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 Cogstate'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 Cogstate Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.26 | |||
| Information Ratio | 0.0772 | |||
| Maximum Drawdown | 16.11 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 4.69 |
Cogstate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cogstate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cogstate's standard deviation. In reality, there are many statistical measures that can use Cogstate historical prices to predict the future Cogstate's volatility.| Risk Adjusted Performance | 0.0811 | |||
| Jensen Alpha | 0.2181 | |||
| Total Risk Alpha | 0.1524 | |||
| Sortino Ratio | 0.0363 | |||
| Treynor Ratio | (0.56) |
Cogstate Limited Backtested Returns
At this point, Cogstate is extremely dangerous. Cogstate Limited secures Sharpe Ratio (or Efficiency) of 0.0632, which signifies that the company had a 0.0632 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Cogstate Limited, which you can use to evaluate the volatility of the firm. Please confirm Cogstate's Downside Deviation of 5.26, risk adjusted performance of 0.0811, and Mean Deviation of 1.36 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. Cogstate has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cogstate are expected to decrease at a much lower rate. During the bear market, Cogstate is likely to outperform the market. Cogstate Limited right now shows a risk of 2.52%. Please confirm Cogstate Limited jensen alpha and the relationship between the value at risk and day typical price , to decide if Cogstate Limited will be following its price patterns.
Auto-correlation | 0.46 |
Average predictability
Cogstate Limited has average predictability. Overlapping area represents the amount of predictability between Cogstate time series from 22nd of November 2024 to 22nd of December 2024 and 22nd of December 2024 to 21st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cogstate Limited price movement. The serial correlation of 0.46 indicates that about 46.0% of current Cogstate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cogstate Limited lagged returns against current returns
Autocorrelation, which is Cogstate 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 Cogstate's otc stock expected returns. We can calculate the autocorrelation of Cogstate returns to help us make a trade decision. For example, suppose you find that Cogstate 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 |
| Timeline |
Cogstate 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 Cogstate otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cogstate otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cogstate otc stock over time.
Current vs Lagged Prices |
| Timeline |
Cogstate Lagged Returns
When evaluating Cogstate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cogstate otc stock have on its future price. Cogstate 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, Cogstate autocorrelation shows the relationship between Cogstate otc stock current value and its past values and can show if there is a momentum factor associated with investing in Cogstate Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Cogstate OTC Stock
Cogstate financial ratios help investors to determine whether Cogstate 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 Cogstate with respect to the benefits of owning Cogstate security.