COGNYTE SOFTWARE's market value is the price at which a share of COGNYTE SOFTWARE trades on a public exchange. It measures the collective expectations of COGNYTE SOFTWARE LTD investors about its performance. COGNYTE SOFTWARE is trading at 7.10 as of the 19th of August 2025. This is a 1.39 percent decrease since the beginning of the trading day. The stock's lowest day price was 7.1. With this module, you can estimate the performance of a buy and hold strategy of COGNYTE SOFTWARE LTD and determine expected loss or profit from investing in COGNYTE SOFTWARE over a given investment horizon. Check out COGNYTE SOFTWARE Correlation, COGNYTE SOFTWARE Volatility and COGNYTE SOFTWARE Alpha and Beta module to complement your research on COGNYTE SOFTWARE.
Please note, there is a significant difference between COGNYTE SOFTWARE's value and its price as these two are different measures arrived at by different means. Investors typically determine if COGNYTE SOFTWARE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, COGNYTE SOFTWARE'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.
COGNYTE SOFTWARE '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 COGNYTE SOFTWARE'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 COGNYTE SOFTWARE.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure COGNYTE SOFTWARE'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 COGNYTE SOFTWARE LTD upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for COGNYTE SOFTWARE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COGNYTE SOFTWARE's standard deviation. In reality, there are many statistical measures that can use COGNYTE SOFTWARE historical prices to predict the future COGNYTE SOFTWARE's volatility.
COGNYTE SOFTWARE LTD secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11 % return per unit of return volatility over the last 3 months. COGNYTE SOFTWARE LTD exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm COGNYTE SOFTWARE's Mean Deviation of 2.03, coefficient of variation of (1,480), and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, COGNYTE SOFTWARE's returns are expected to increase less than the market. However, during the bear market, the loss of holding COGNYTE SOFTWARE is expected to be smaller as well. At this point, COGNYTE SOFTWARE LTD has a negative expected return of -0.35%. Please make sure to confirm COGNYTE SOFTWARE's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if COGNYTE SOFTWARE LTD performance from the past will be repeated in the future.
Auto-correlation
0.32
Below average predictability
COGNYTE SOFTWARE LTD has below average predictability. Overlapping area represents the amount of predictability between COGNYTE SOFTWARE time series from 21st of May 2025 to 5th of July 2025 and 5th of July 2025 to 19th of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of COGNYTE SOFTWARE LTD price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current COGNYTE SOFTWARE price fluctuation can be explain by its past prices.
Correlation Coefficient
0.32
Spearman Rank Test
0.24
Residual Average
0.0
Price Variance
0.06
COGNYTE SOFTWARE LTD lagged returns against current returns
Autocorrelation, which is COGNYTE SOFTWARE 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 COGNYTE SOFTWARE's stock expected returns. We can calculate the autocorrelation of COGNYTE SOFTWARE returns to help us make a trade decision. For example, suppose you find that COGNYTE SOFTWARE 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
COGNYTE SOFTWARE 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 COGNYTE SOFTWARE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COGNYTE SOFTWARE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COGNYTE SOFTWARE stock over time.
Current vs Lagged Prices
Timeline
COGNYTE SOFTWARE Lagged Returns
When evaluating COGNYTE SOFTWARE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COGNYTE SOFTWARE stock have on its future price. COGNYTE SOFTWARE 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, COGNYTE SOFTWARE autocorrelation shows the relationship between COGNYTE SOFTWARE stock current value and its past values and can show if there is a momentum factor associated with investing in COGNYTE SOFTWARE LTD.
COGNYTE SOFTWARE financial ratios help investors to determine whether COGNYTE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in COGNYTE with respect to the benefits of owning COGNYTE SOFTWARE security.