Alpha Cognition Return On Equity vs. Current Ratio
| ACOGF Stock | USD 5.75 0.03 0.52% |
For Alpha Cognition profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alpha Cognition to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alpha Cognition utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alpha Cognition's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alpha Cognition over time as well as its relative position and ranking within its peers.
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Alpha Cognition Current Ratio vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alpha Cognition's current stock value. Our valuation model uses many indicators to compare Alpha Cognition value to that of its competitors to determine the firm's financial worth. Alpha Cognition is rated second in return on equity category among its peers. It is rated fifth in current ratio category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alpha Cognition's earnings, one of the primary drivers of an investment's value.Alpha Current Ratio vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
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| = | -6.97 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
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| = | 3.08 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Alpha Current Ratio Comparison
Alpha Cognition is currently under evaluation in current ratio category among its peers.
Alpha Cognition Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alpha Cognition, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alpha Cognition will eventually generate negative long term returns. The profitability progress is the general direction of Alpha Cognition's change in net profit over the period of time. It can combine multiple indicators of Alpha Cognition, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alpha Cognition. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Alpha Cognition position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Alpha Cognition's important profitability drivers and their relationship over time.
Use Alpha Cognition in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alpha Cognition position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alpha Cognition will appreciate offsetting losses from the drop in the long position's value.Alpha Cognition Pair Trading
Alpha Cognition Pair Trading Analysis
The ability to find closely correlated positions to Alpha Cognition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alpha Cognition when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alpha Cognition - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alpha Cognition to buy it.
The correlation of Alpha Cognition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alpha Cognition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alpha Cognition moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alpha Cognition can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Alpha Cognition position
In addition to having Alpha Cognition in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Momentum Thematic Idea Now
Momentum
Large corporations operating in software, education, financial and car manufacturing industries. The Momentum theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Momentum Theme or any other thematic opportunities.
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Other Information on Investing in Alpha OTC Stock
To fully project Alpha Cognition's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Alpha Cognition at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Alpha Cognition's income statement, its balance sheet, and the statement of cash flows.