Cytodyn Stock Market Value

CYDY Stock  USD 0.14  0.00  0.00%   
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 0.14 as of the 24th of July 2024; that is No Change 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
06/24/2024
No Change 0.00  0.0 
In 31 days
07/24/2024
0.00
If you would invest  0.00  in Cytodyn on June 24, 2024 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 30 days. Cytodyn is related to or competes with Madrigal Pharmaceuticals, Scpharmaceuticals, Akero Therapeutics, Cardiff Oncology, Reviva Pharmaceuticals, and PDS Biotechnology. 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
0.010.147.18
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Intrinsic
Valuation
LowRealHigh
0.010.137.17
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Cytodyn Backtested Returns

At this stage we consider Cytodyn OTC Stock to be out of control. Cytodyn secures Sharpe Ratio (or Efficiency) of 0.0199, which signifies that the company had a 0.0199% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Cytodyn, which you can use to evaluate the volatility of the firm. Please confirm Cytodyn's Downside Deviation of 12.51, risk adjusted performance of 0.0218, and Mean Deviation of 3.51 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Cytodyn has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -1.17, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Cytodyn are expected to decrease by larger amounts. On the other hand, during market turmoil, Cytodyn is expected to outperform it. Cytodyn right now shows a risk of 7.04%. Please confirm Cytodyn jensen alpha, potential upside, as well as the relationship between the Potential Upside and accumulation distribution , to decide if Cytodyn will be following its price patterns.

Auto-correlation

    
  -0.19  

Insignificant reverse predictability

Cytodyn has insignificant reverse predictability. Overlapping area represents the amount of predictability between Cytodyn time series from 24th of June 2024 to 9th of July 2024 and 9th of July 2024 to 24th of July 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 -0.19 indicates that over 19.0% of current Cytodyn price fluctuation can be explain by its past prices.
Correlation Coefficient-0.19
Spearman Rank Test0.06
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.