Cytodyn Stock Market Value

CYDY Stock  USD 0.13  0.01  7.14%   
Cytodyn's market value is the price at which a share of Cytodyn trades on a public exchange. It measures the collective expectations of Cytodyn investors about its performance. Cytodyn is trading at 0.13 as of the 20th of June 2024; that is -7.14 percent down since the beginning of the trading day. The stock's open price was 0.14.
With this module, you can estimate the performance of a buy and hold strategy of Cytodyn and determine expected loss or profit from investing in Cytodyn over a given investment horizon. Check out Cytodyn Correlation, Cytodyn Volatility and Cytodyn Alpha and Beta module to complement your research on Cytodyn.
Symbol

Please note, there is a significant difference between Cytodyn's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cytodyn is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cytodyn'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.

Cytodyn '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 Cytodyn'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 Cytodyn.
0.00
12/23/2023
No Change 0.00  0.0 
In 5 months and 30 days
06/20/2024
0.00
If you would invest  0.00  in Cytodyn on December 23, 2023 and sell it all today you would earn a total of 0.00 from holding Cytodyn or generate 0.0% return on investment in Cytodyn over 180 days. Cytodyn is related to or competes with Bank Mandiri, Bank Mandiri, PT Bank, Bank Rakyat, Bank Central, PT Bank, and Bank Negara. CytoDyn Inc. operates as a clinical-stage biotechnology company More

Cytodyn 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 Cytodyn'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 Cytodyn upside and downside potential and time the market with a certain degree of confidence.

Cytodyn Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Cytodyn's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cytodyn's standard deviation. In reality, there are many statistical measures that can use Cytodyn historical prices to predict the future Cytodyn's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Cytodyn's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.010.137.28
Details
Intrinsic
Valuation
LowRealHigh
0.010.127.27
Details
Naive
Forecast
LowNextHigh
00.127.27
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.080.180.27
Details

Cytodyn Backtested Returns

Cytodyn secures Sharpe Ratio (or Efficiency) of -0.0096, which signifies that the company had a -0.0096% return per unit of risk over the last 3 months. Cytodyn exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cytodyn's Mean Deviation of 3.74, standard deviation of 7.02, and insignificant Risk Adjusted Performance to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.71, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Cytodyn are expected to decrease at a much lower rate. During the bear market, Cytodyn is likely to outperform the market. At this point, Cytodyn has a negative expected return of -0.0694%. Please make sure to confirm Cytodyn's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Cytodyn performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.40  

Average predictability

Cytodyn has average predictability. Overlapping area represents the amount of predictability between Cytodyn time series from 23rd of December 2023 to 22nd of March 2024 and 22nd of March 2024 to 20th of June 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 Cytodyn price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Cytodyn price fluctuation can be explain by its past prices.
Correlation Coefficient0.4
Spearman Rank Test0.24
Residual Average0.0
Price Variance0.0

Cytodyn lagged returns against current returns

Autocorrelation, which is Cytodyn 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 Cytodyn's otc stock expected returns. We can calculate the autocorrelation of Cytodyn returns to help us make a trade decision. For example, suppose you find that Cytodyn 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  

Cytodyn 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 Cytodyn otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cytodyn otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cytodyn otc stock over time.
   Current vs Lagged Prices   
       Timeline  

Cytodyn Lagged Returns

When evaluating Cytodyn's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cytodyn otc stock have on its future price. Cytodyn 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, Cytodyn autocorrelation shows the relationship between Cytodyn otc stock current value and its past values and can show if there is a momentum factor associated with investing in Cytodyn.
   Regressed Prices   
       Timeline  

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Additional Tools for Cytodyn OTC Stock Analysis

When running Cytodyn's price analysis, check to measure Cytodyn'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 Cytodyn is operating at the current time. Most of Cytodyn's value examination focuses on studying past and present price action to predict the probability of Cytodyn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cytodyn's price. Additionally, you may evaluate how the addition of Cytodyn to your portfolios can decrease your overall portfolio volatility.