Alzamend Neuro Stock Price on September 30, 2021
| ALZN Stock | USD 0.85 0.04 4.49% |
If you're considering investing in Alzamend Stock, it is important to understand the factors that can impact its price. As of today, the current price of Alzamend Neuro stands at 0.85, as last reported on the 16th of April 2024, with the highest price reaching 0.90 and the lowest price hitting 0.85 during the day. Alzamend Neuro secures Sharpe Ratio (or Efficiency) of -0.0055, which signifies that the company had a -0.0055% return per unit of risk over the last 3 months. Alzamend Neuro exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alzamend Neuro's Standard Deviation of 4.92, risk adjusted performance of (0), and Mean Deviation of 3.37 to double-check the risk estimate we provide.
At this time, Alzamend Neuro's Total Stockholder Equity is very stable compared to the past year. As of the 16th of April 2024, Issuance Of Capital Stock is likely to grow to about 6.1 M, while Common Stock is likely to drop 7,368. . As of the 16th of April 2024, Price Earnings Ratio is likely to drop to -3.29. In addition to that, Price Book Value Ratio is likely to drop to 18.59. Alzamend Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Alzamend |
Sharpe Ratio = -0.0055
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Estimated Market Risk
| 4.96 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alzamend Neuro is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alzamend Neuro by adding Alzamend Neuro to a well-diversified portfolio.
Price Book 7.2255 | Book Value (0.63) | Enterprise Value 6 M | Enterprise Value Ebitda (0.45) | Shares Float 4.8 M |
Alzamend Neuro Valuation on September 30, 2021
It is possible to determine the worth of Alzamend Neuro on a given historical date. On September 30, 2021 Alzamend was worth 1.22 at the beginning of the trading date compared to the closed value of 17.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alzamend Neuro stock. Still, in general, we apply an absolute valuation method to find Alzamend Neuro's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alzamend Neuro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alzamend Neuro's related companies.
| Open | High | Low | Close | Volume | |
04/01/2022 | 1.22 | 17.40 | 17.40 | 17.40 | 53,300 |
| 1.18 | 18.00 | 18.00 | 18.00 | 34,967 |
| Backtest Alzamend Neuro | | | Alzamend Neuro History | | | Alzamend Neuro Valuation | Next |
Alzamend Neuro Trading Date Momentum on September 30, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Alzamend Neuro Fundamentals Correlations and Trends
By evaluating Alzamend Neuro's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alzamend Neuro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alzamend financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alzamend Neuro Stock history
Alzamend Neuro investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Alzamend is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alzamend Neuro will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Alzamend Neuro stock prices may prove useful in developing a viable investing in Alzamend Neuro
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7.5 M | 6.3 M | |
| Net Loss | -13.4 M | -12.7 M |
Alzamend Neuro Stock Technical Analysis
Alzamend Neuro 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.
Price Boundaries
Alzamend Neuro Period Price Range
Low | April 1, 2022
| High |
1.22 | 17.40 |
Alzamend Neuro April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Alzamend Neuro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alzamend Neuro shares will generate the highest return on investment. By undertsting and applying Alzamend Neuro stock market strength indicators, traders can identify Alzamend Neuro entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 14.26 | |||
| Day Median Price | 17.4 | |||
| Day Typical Price | 17.4 | |||
| Price Action Indicator | 8.09 | |||
| Period Momentum Indicator | (16.55) |
Alzamend Neuro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alzamend Neuro's price direction in advance. Along with the technical and fundamental analysis of Alzamend Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alzamend to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.12) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alzamend Neuro. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Alzamend Stock, please use our How to Invest in Alzamend Neuro guide.Note that the Alzamend Neuro information on this page should be used as a complementary analysis to other Alzamend Neuro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Alzamend Stock analysis
When running Alzamend Neuro's price analysis, check to measure Alzamend Neuro'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 Alzamend Neuro is operating at the current time. Most of Alzamend Neuro's value examination focuses on studying past and present price action to predict the probability of Alzamend Neuro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alzamend Neuro's price. Additionally, you may evaluate how the addition of Alzamend Neuro to your portfolios can decrease your overall portfolio volatility.
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Is Alzamend Neuro's industry 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 Alzamend Neuro. If investors know Alzamend 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 Alzamend Neuro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.82) | Return On Assets (1.67) | Return On Equity (11.96) |
The market value of Alzamend Neuro is measured differently than its book value, which is the value of Alzamend that is recorded on the company's balance sheet. Investors also form their own opinion of Alzamend Neuro's value that differs from its market value or its book value, called intrinsic value, which is Alzamend Neuro'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 Alzamend Neuro's market value can be influenced by many factors that don't directly affect Alzamend Neuro'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 Alzamend Neuro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alzamend Neuro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alzamend Neuro'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.