Annovis Stock Market Value

ANVS -  USA Stock  

USD 9.77  0.35  3.72%

Annovis Bio's market value is the price at which a share of Annovis Bio stock trades on a public exchange. It measures the collective expectations of Annovis Bio investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Annovis Bio and determine expected loss or profit from investing in Annovis Bio over a given investment horizon. Please continue to Annovis Bio Hype Analysis, Annovis Bio Correlation, Annovis Bio Valuation, Annovis Bio Volatility, as well as analyze Annovis Bio Alpha and Beta and Annovis Bio Performance.
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Is Annovis Bio'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 Annovis Bio. If investors know Annovis 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 Annovis Bio 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 Annovis Bio is measured differently than its book value, which is the value of Annovis that is recorded on the company's balance sheet. Investors also form their own opinion of Annovis Bio's value that differs from its market value or its book value, called intrinsic value, which is Annovis Bio'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 Annovis Bio's market value can be influenced by many factors that don't directly affect Annovis Bio'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 Annovis Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine Annovis Bio value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Annovis Bio'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.

Annovis Bio '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 Annovis Bio'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 Annovis Bio.
0.00
03/18/2022
No Change 0.00  0.0 
In 2 months and 2 days
05/17/2022
0.00
If you would invest  0.00  in Annovis Bio on March 18, 2022 and sell it all today you would earn a total of 0.00 from holding Annovis Bio or generate 0.0% return on investment in Annovis Bio over 60 days. Annovis Bio is related to or competes with Bridgebio Pharma, Bellus Health, Berkeley Lights, and Brickell Biotech. Annovis Bio, Inc., a clinical stage drug platform company, develops drugs to treat neurodegeneration

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

Annovis Bio Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Annovis Bio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Annovis Bio's standard deviation. In reality, there are many statistical measures that can use Annovis Bio historical prices to predict the future Annovis Bio's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Annovis Bio'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. Please use the tools below to analyze the current value of Annovis Bio in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
5.349.8114.28
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Intrinsic
Valuation
LowReal ValueHigh
8.7924.6429.11
Details
Naive
Forecast
LowNext ValueHigh
4.999.4613.93
Details
1 Analysts
Consensus
LowTarget PriceHigh
70.0070.0070.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Annovis Bio. Your research has to be compared to or analyzed against Annovis Bio's peers to derive any actionable benefits. When done correctly, Annovis Bio's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Annovis Bio.

Annovis Bio Backtested Returns

Annovis Bio secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had -0.14% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Annovis Bio exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Annovis Bio risk adjusted performance of (0.19), and Mean Deviation of 3.68 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.0763, which signifies not very significant fluctuations relative to the market. Let's try to break down what Annovis's beta means in this case. As returns on the market increase, Annovis Bio returns are expected to increase less than the market. However, during the bear market, the loss on holding Annovis Bio will be expected to be smaller as well. Even though it is essential to pay attention to Annovis Bio historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Annovis Bio exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Annovis Bio has an expected return of -0.61%. Please be advised to confirm Annovis Bio treynor ratio, as well as the relationship between the expected short fall and day median price to decide if Annovis Bio performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.62  

Good predictability

Annovis Bio has good predictability. Overlapping area represents the amount of predictability between Annovis Bio time series from 18th of March 2022 to 17th of April 2022 and 17th of April 2022 to 17th of May 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Annovis Bio price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Annovis Bio price fluctuation can be explain by its past prices.
Correlation Coefficient0.62
Spearman Rank Test0.76
Residual Average0.0
Price Variance1.57

Annovis Bio lagged returns against current returns

Autocorrelation, which is Annovis Bio 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 Annovis Bio's stock expected returns. We can calculate the autocorrelation of Annovis Bio returns to help us make a trade decision. For example, suppose you find that Annovis Bio stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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Annovis Bio 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 Annovis Bio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Annovis Bio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Annovis Bio stock over time.
 Current vs Lagged Prices 
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      Timeline 

Annovis Bio Lagged Returns

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

Annovis Bio Investors Sentiment

The influence of Annovis Bio's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Annovis. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Annovis Bio in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Annovis Bio's short interest history, or implied volatility extrapolated from Annovis Bio options trading.

Current Sentiment - ANVS

Annovis Bio Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in Annovis Bio. What is your sentiment towards investing in Annovis Bio? Are you bullish or bearish?
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Bearish
50% Bullish
50% Bearish
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Pair Trading with Annovis Bio

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 Annovis Bio 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 Annovis Bio will appreciate offsetting losses from the drop in the long position's value.

Annovis Bio Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Annovis Bio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Annovis Bio 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 Annovis Bio - 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 Annovis Bio to buy it.
The correlation of Annovis Bio is a statistical measure of how it moves in relation to other equities. 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 Annovis Bio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Annovis Bio 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 Annovis Bio 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.
Pair CorrelationCorrelation Matching
Please continue to Annovis Bio Hype Analysis, Annovis Bio Correlation, Annovis Bio Valuation, Annovis Bio Volatility, as well as analyze Annovis Bio Alpha and Beta and Annovis Bio Performance. Note that the Annovis Bio information on this page should be used as a complementary analysis to other Annovis Bio'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Annovis Stock analysis

When running Annovis Bio price analysis, check to measure Annovis Bio'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 Annovis Bio is operating at the current time. Most of Annovis Bio's value examination focuses on studying past and present price action to predict the probability of Annovis Bio's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Annovis Bio's price. Additionally, you may evaluate how the addition of Annovis Bio to your portfolios can decrease your overall portfolio volatility.
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Annovis Bio 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.
A focus of Annovis Bio technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Annovis Bio trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...