Alpha Cognition Common Stock Market Value
| ACOG Stock | 5.00 0.16 3.10% |
| Symbol | Alpha |
Is Pharmaceutical Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alpha Cognition. If investors know Alpha will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alpha Cognition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Alpha Cognition Common is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Cognition's value that differs from its market value or its book value, called intrinsic value, which is Alpha Cognition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alpha Cognition's market value can be influenced by many factors that don't directly affect Alpha Cognition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alpha Cognition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Cognition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha Cognition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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 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.
| 10/21/2024 |
| 12/20/2024 |
If you would invest 0.00 in Alpha Cognition on October 21, 2024 and sell it all today you would earn a total of 0.00 from holding Alpha Cognition Common or generate 0.0% return on investment in Alpha Cognition over 60 days. Alpha Cognition is related to or competes with Viking Therapeutics, Vanda Pharmaceuticals, Verrica Pharmaceuticals, Viridian Therapeutics, Verona Pharma, Virpax Pharmaceuticals, and Vertex Pharmaceuticals. Alpha Cognition is entity of United States 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 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 Common upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 32.14 | |||
| Value At Risk | (11.62) | |||
| Potential Upside | 12.1 |
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 | (0.13) | |||
| Jensen Alpha | (1.50) | |||
| Total Risk Alpha | (1.72) | |||
| Treynor Ratio | (2.07) |
Alpha Cognition Common Backtested Returns
Alpha Cognition Common secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of risk over the last 3 months. Alpha Cognition Common exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alpha Cognition's Risk Adjusted Performance of (0.13), standard deviation of 8.16, and Mean Deviation of 4.72 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.72, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alpha Cognition's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alpha Cognition is expected to be smaller as well. At this point, Alpha Cognition Common has a negative expected return of -1.47%. Please make sure to confirm Alpha Cognition's skewness, and the relationship between the treynor ratio and daily balance of power , to decide if Alpha Cognition Common performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.26 |
Weak reverse predictability
Alpha Cognition Common has weak reverse predictability. Overlapping area represents the amount of predictability between Alpha Cognition time series from 21st of October 2024 to 20th of November 2024 and 20th of November 2024 to 20th of December 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 Common price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Alpha Cognition price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Alpha Cognition Common lagged returns against current returns
Autocorrelation, which is Alpha Cognition 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 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 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 |
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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alpha Cognition 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 stock over time.
Current vs Lagged Prices |
| Timeline |
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 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 stock current value and its past values and can show if there is a momentum factor associated with investing in Alpha Cognition Common.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Alpha Cognition Common is a strong investment it is important to analyze Alpha Cognition's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alpha Cognition's future performance. For an informed investment choice regarding Alpha Stock, refer to the following important reports:Check out Alpha Cognition Correlation, Alpha Cognition Volatility and Alpha Cognition Alpha and Beta module to complement your research on Alpha Cognition. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Alpha Cognition technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.