Alzamend Neuro (ALZN)


Market Price (9/21/2026): $1.85 | Market Cap: $-Sector: Health Care | Industry: Biotechnology

Alzamend Neuro (ALZN)


Market Price (9/21/2026): $1.85
Market Cap: $-
Sector: Health Care
Industry: Biotechnology

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Weak multi-year price returns
2Y Excs Rtn is -125%, 3Y Excs Rtn is -171%

Key risks
ALZN key risks include [1] substantial doubt about its ability to continue as a going concern due to a significant accumulated deficit and [2] its total dependence on the successful clinical and regulatory approval of its two drug candidates, Show more.

0 Weak multi-year price returns
2Y Excs Rtn is -125%, 3Y Excs Rtn is -171%
1 Key risks
ALZN key risks include [1] substantial doubt about its ability to continue as a going concern due to a significant accumulated deficit and [2] its total dependence on the successful clinical and regulatory approval of its two drug candidates, Show more.

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 9/18/2026

Alzamend Neuro (ALZN) stock has gained about 60% since 5/31/2026 because of the following key factors:

1. Alzamend Neuro regained compliance with Nasdaq listing standards.

On September 16, 2026, Alzamend Neuro announced it had regained compliance with Nasdaq Listing Rule 5550(b)(1) regarding stockholders' equity. The company reported stockholders' equity of $5,802,680 in its Form 10-Q for fiscal Q1 2027 (ended July 31, 2026), surpassing the required minimum of $2.5 million and resolving a prior deficiency notice issued by Nasdaq on March 20, 2026.

2. The company secured $7.5 million in new financing.

Alzamend Neuro completed an initial closing of a Securities Purchase Agreement with Ault Lending on August 4, 2026, receiving $7.5 million in gross proceeds from the first tranche of Series D Convertible Preferred Stock. This funding, announced during fiscal Q2 2027, is intended to support the company's clinical programs and working capital needs, with provisions for up to an additional $17.5 million in future funding.

Show more
Updated on 9/18/2026

Alzamend Neuro (ALZN) stock has gained about 60% since 5/31/2026 because of the following key factors:

1. Alzamend Neuro regained compliance with Nasdaq listing standards.

On September 16, 2026, Alzamend Neuro announced it had regained compliance with Nasdaq Listing Rule 5550(b)(1) regarding stockholders' equity. The company reported stockholders' equity of $5,802,680 in its Form 10-Q for fiscal Q1 2027 (ended July 31, 2026), surpassing the required minimum of $2.5 million and resolving a prior deficiency notice issued by Nasdaq on March 20, 2026.

2. The company secured $7.5 million in new financing.

Alzamend Neuro completed an initial closing of a Securities Purchase Agreement with Ault Lending on August 4, 2026, receiving $7.5 million in gross proceeds from the first tranche of Series D Convertible Preferred Stock. This funding, announced during fiscal Q2 2027, is intended to support the company's clinical programs and working capital needs, with provisions for up to an additional $17.5 million in future funding.

3. Positive clinical trial data for AL001 received scientific recognition and continued advancement.

Following encouraging pharmacodynamic data reported on April 7, 2026, and positive topline data in March 2026 from its Phase II "Lithium in Brain" clinical trial in healthy subjects, Alzamend Neuro announced in August 2026 that its Phase 1/2A Lithium Neuroimaging Data for AL001 was accepted for oral and poster presentations at upcoming major scientific conferences, including the ISMRM Workshop and Neuroscience 2026. This recognition, occurring in fiscal Q2 2027, highlights the ongoing progress and validation of its lead therapeutic candidate, AL001, which is also advancing through a Phase II clinical trial in patients with bipolar disorder.

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Stock Movement Drivers

Fundamental Drivers

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Market Drivers

5/31/2026 to 9/20/2026
ReturnCorrelation
ALZN58.8% 
Market (SPY)0.9%7.2%
Sector (XLV)12.7%-22.9%

Fundamental Drivers

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Market Drivers

2/28/2026 to 9/20/2026
ReturnCorrelation
ALZN-6.0% 
Market (SPY)11.6%31.6%
Sector (XLV)5.5%11.5%

Fundamental Drivers

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Market Drivers

8/31/2025 to 9/20/2026
ReturnCorrelation
ALZN-22.5% 
Market (SPY)19.4%29.2%
Sector (XLV)24.1%14.3%

Fundamental Drivers

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Market Drivers

8/31/2023 to 9/20/2026
ReturnCorrelation
ALZN-99.5% 
Market (SPY)75.6%15.5%
Sector (XLV)32.3%12.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
ALZN Return-86%-70%-89%-87%-83%1%-100%
Peers Return17%20%39%-23%37%-3%99%
S&P 500 Return27%-19%24%23%16%12%103%

Monthly Win Rates [3]
ALZN Win Rate14%33%25%17%25%78% 
Peers Win Rate52%52%50%38%53%49% 
S&P 500 Win Rate75%42%67%75%67%44% 

Max Drawdowns [4]
ALZN Max Drawdown--76%-93%-91%-95%-65% 
Peers Max Drawdown-59%-40%-39%-47%-39%-32% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: BIIB, LLY, AXSM, ACAD, ANVS.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/18/2026 (YTD)

How Low Can It Go

EventALZNS&P 500
2024 Yen Carry Trade Unwind
  % Loss-55.6%-7.8%
  % Gain to Breakeven125.3%8.5%
  Time to Breakeven4 days18 days
2023 SVB Regional Banking Crisis
  % Loss-38.4%-6.7%
  % Gain to Breakeven62.3%7.1%
  Time to Breakeven30 days31 days

Compare to BIIB, LLY, AXSM, ACAD, ANVS

In The Past

Alzamend Neuro's stock fell -55.6% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 125.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventALZNS&P 500
2024 Yen Carry Trade Unwind
  % Loss-55.6%-7.8%
  % Gain to Breakeven125.3%8.5%
  Time to Breakeven4 days18 days
2023 SVB Regional Banking Crisis
  % Loss-38.4%-6.7%
  % Gain to Breakeven62.3%7.1%
  Time to Breakeven30 days31 days

Compare to BIIB, LLY, AXSM, ACAD, ANVS

In The Past

Alzamend Neuro's stock fell -55.6% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 125.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Alzamend Neuro (ALZN)

Alzamend Neuro, Inc. (ALZN) is an early clinical-stage biopharmaceutical company dedicated to developing novel therapeutic products for the treatment of neurodegenerative diseases and psychiatric disorders. Headquartered in Atlanta, Georgia, the company focuses on addressing critical unmet medical needs within these challenging areas of healthcare.

The company's pipeline includes two primary product candidates. **AL001** is an ionic cocrystal technology designed to deliver a therapeutic combination of lithium, proline, and salicylate. This compound is being developed with the aim of treating Alzheimer's disease, other neurodegenerative conditions, and various psychiatric disorders, offering a potential broad-spectrum approach to neurological and mental health challenges.

Alzamend Neuro's second key product, **AL002**, is a method utilizing a mutant-peptide sensitized cell as a cell-based therapeutic vaccine. The objective of AL002 is to restore the ability of a patient's immunological system to combat Alzheimer's disease. As an emerging biopharmaceutical firm, Alzamend Neuro's primary market consists of patients affected by these debilitating diseases, with the ultimate goal of providing innovative treatment options to the global healthcare sector.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe Alzamend Neuro (ALZN):

  • A startup version of Biogen or Eli Lilly, but exclusively dedicated to finding new treatments for Alzheimer's and mental health disorders.

  • The early-stage drug discovery team of a pharmaceutical giant like Pfizer, operating as its own tiny, independent company focused on brain diseases.

  • A specialized biotech aiming for breakthrough cures in Alzheimer's and psychiatric conditions, much like a tiny Vertex Pharmaceuticals focused on brain disorders.

AI Analysis | Feedback

  • AL001: An ionic cocrystal technology delivering a therapeutic combination of lithium, proline, and salicylate for the treatment of Alzheimer's and other neurodegenerative diseases, and psychiatric disorders.
  • AL002: A method using a mutant-peptide sensitized cell as a cell-based therapeutic vaccine to restore the ability of a patient's immunological system to combat Alzheimer's.

AI Analysis | Feedback

Alzamend Neuro, Inc. (ALZN) is an early clinical-stage biopharmaceutical company focused on developing drug candidates for neurodegenerative diseases and psychiatric disorders. As such, the company is primarily engaged in research and development and does not currently have commercialized products. Therefore, Alzamend Neuro does not have major customers, either companies or categories of individuals, at this stage of its development.

AI Analysis | Feedback

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Stephan Jackman, Chief Executive Officer, Director

Stephan Jackman was appointed CEO in November 2018 and has over 20 years of multi-industry experience, specializing in biotech and pharma. He previously held positions at Novartis Pharmaceuticals Corporation, L'Oréal USA, SBM Management Services, and Family Intervention Services. Prior to joining Alzamend Neuro, Mr. Jackman served as the Chief Operating Officer of Ennaid Therapeutics, an emerging biopharmaceutical company, and also worked as an independent project and management consultant for various companies.

David J. Katzoff, Chief Financial Officer

David J. Katzoff was appointed Chief Financial Officer of Alzamend Neuro on August 5, 2022, and brings over 30 years of multi-industry experience, including healthcare and technology. Before his CFO role, he served as COO from December 2020 to August 2022 and SVP of Operations from November 2019 to December 2020 at Alzamend Neuro. His background includes financial leadership roles at Ault Alliance, Lumina Media, and Local Corporation, with experience as a CFO for both private media companies and in public company finance leadership.

Milton C. Ault III, Vice Chairman of the Board

Milton C. Ault III is the Founder and Vice Chairman of the Board of Alzamend Neuro. He is recognized as a primary insider and activist investor, contributing over 30 years of financial industry experience to the board. Mr. Ault was instrumental in forming Alzamend Neuro after diligently studying treatments for Alzheimer's and selecting intellectual property from the University of South Florida.

Henry C.W. Nisser, Executive Vice President, General Counsel, Director

Henry C.W. Nisser is a seasoned corporate attorney with expertise in U.S. securities law, mergers and acquisitions (M&A), and corporate governance. He also holds executive roles at Ault Alliance and Avalanche, and previously practiced law at Sichenzia Ross Ference LLP.

Kenneth S. Cragun, Senior Vice President of Finance

Kenneth S. Cragun possesses over 30 years of experience in serving public and private multi-national businesses, with expertise in SEC reporting, cash management, and technical accounting. He has served as CFO for multiple Nasdaq-listed companies and held senior positions at Deloitte and various technology firms. Mr. Cragun is currently the Chief Accounting Officer of DPW Holdings, Inc. and serves on the Board of Directors of nFusz, Inc.

AI Analysis | Feedback

  1. Clinical Trial Failure and Regulatory Approval Risk

    As an early clinical-stage biopharmaceutical company, Alzamend Neuro's entire business model and future prospects are heavily reliant on the successful development, clinical trial outcomes, and subsequent regulatory approval of its pipeline candidates, AL001 and AL002. Neurodegenerative diseases and psychiatric disorders are notoriously challenging areas for drug development, with a high rate of clinical trial failures due to lack of efficacy, unacceptable safety profiles, or unforeseen side effects. Any setbacks in clinical trials, such as delays, failures, or adverse events, could significantly impact the company's valuation, ability to raise further capital, and ultimately its viability. Furthermore, even with positive clinical results, there is no guarantee that regulatory authorities like the FDA will grant approval for commercialization.

  2. Funding and Capital Raising Risk

    The development of pharmaceutical products, especially through multiple phases of clinical trials, is an extremely capital-intensive and time-consuming process. As an early clinical-stage company without marketed products generating revenue, Alzamend Neuro is highly dependent on its ability to raise substantial additional capital through equity offerings, debt financing, or partnerships to fund its ongoing research and development activities, including clinical trials. A failure to secure sufficient funding in a timely manner could force the company to delay, scale back, or even abandon its development programs, thereby jeopardizing its ability to bring any products to market and sustain operations.

  3. Intellectual Property Protection and Competitive Landscape Risk

    Alzamend Neuro operates in a highly competitive and rapidly evolving biopharmaceutical market, particularly within the challenging fields of neurodegenerative and psychiatric disorders. Its ability to achieve commercial success depends on its capacity to obtain, maintain, and enforce intellectual property protection for its pipeline candidates, AL001 and AL002. While AL001 utilizes an "ionic cocrystal technology" for known therapeutic components (lithium, proline, salicylate), the novelty and breadth of its patent protection could be challenged. Similarly, for AL002, a "mutant-peptide sensitized cell" approach, strong intellectual property is crucial. The emergence of competing therapies, challenges to their patents, or the inability to secure robust patent protection could severely limit their market potential and revenue generation even if their products are successfully developed and approved.

AI Analysis | Feedback

The emergence and approval of disease-modifying therapies for Alzheimer's disease, specifically anti-amyloid monoclonal antibodies such as Leqembi (lecanemab) and Donanemab (currently under FDA review with strong efficacy data), represent a clear emerging threat to Alzamend Neuro. These therapies mark a significant paradigm shift in the treatment of Alzheimer's by targeting the underlying pathology and showing the ability to slow cognitive decline, setting a new standard of care. For an early clinical-stage company like Alzamend Neuro, which is developing its own therapeutic candidates (AL001 and AL002) for Alzheimer's and other neurodegenerative diseases, these advancements raise the competitive bar significantly. Future successful commercialization of Alzamend Neuro's pipeline will need to demonstrate superior efficacy, safety, convenience, or target distinct patient populations compared to these newly established and validated therapeutic approaches.

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Addressable Markets for Alzamend Neuro (ALZN) Products

AL001 (for Alzheimer's and other neurodegenerative diseases, and psychiatric disorders)

  • Alzheimer's Disease Treatment Market:
    • Globally, the Alzheimer's therapeutics market was valued at approximately USD 6.49 billion in 2025 and is projected to reach around USD 33.62 billion by 2034. Other estimates place the global Alzheimer's disease therapeutics market at USD 5.36 billion in 2024, expected to grow to USD 31.04 billion by 2034.
    • In the U.S., the Alzheimer's drugs market was valued at USD 1.62 billion in 2022.
  • Neurodegenerative Diseases Treatment Market:
    • Globally, the neurodegenerative drugs market was valued at USD 36.28 billion in 2021 and is estimated to reach USD 74.81 billion by 2031. Another report estimates the global neurodegenerative disease treatment market size reached USD 78.3 billion in 2024 and is projected to reach USD 118.5 billion by 2033.
    • In North America, the neurodegenerative disease market reached USD 30.7 billion in 2024.
  • Psychiatric Disorders Treatment Market (including Bipolar Disorder, Major Depressive Disorder, and PTSD):
    • Globally, the neuropsychiatric disorders and treatment market was valued at USD 162.25 billion in 2025 and is expected to increase to USD 309.99 billion by 2032.
    • Globally, the mental disorder treatment market was valued at USD 49.4 billion in 2021 and is expected to reach around USD 80.7 billion by 2030.
    • In the U.S., the mental health treatment market was valued at USD 118 billion in 2025 and is projected to increase to USD 159 billion by 2030.
    • The U.S. neuropsychiatric disorders treatment market is anticipated to reach a valuation of USD 88.7 billion by 2035.

AL002 (for Alzheimer's Disease)

  • Alzheimer's Disease Treatment Market:
    • Globally, the Alzheimer's therapeutics market was valued at approximately USD 6.49 billion in 2025 and is projected to reach around USD 33.62 billion by 2034. Other estimates place the global Alzheimer's disease therapeutics market at USD 5.36 billion in 2024, expected to grow to USD 31.04 billion by 2034.
    • In the U.S., the Alzheimer's drugs market was worth USD 1.62 billion in 2022.

AI Analysis | Feedback

Expected Drivers of Future Revenue Growth for Alzamend Neuro (ALZN)

For Alzamend Neuro (ALZN), an early clinical-stage biopharmaceutical company, the primary drivers of future revenue growth over the next 2-3 years will be centered on the successful advancement of its pipeline candidates through clinical development, rather than immediate product sales, as analysts generally forecast no revenue for this period. The key drivers are:

  1. Positive Clinical Trial Results and Advancement of AL001: The successful completion of ongoing Phase II clinical trials for AL001, particularly the "Lithium in Brain" study with topline data expected in Q1 2026, and subsequent Phase II studies for its various indications (Alzheimer's disease, Bipolar Disorder, Major Depressive Disorder, and Post-Traumatic Stress Disorder), are critical. Positive results are anticipated to de-risk the asset and increase its likelihood of eventual commercialization, thereby creating significant future revenue potential.

  2. Progression of AL001 into Later-Stage Clinical Trials: Moving AL001 into Phase III clinical trials within the next 2-3 years would be a pivotal step. This progression signifies a substantial leap towards regulatory approval and eventual market entry, greatly enhancing the long-term revenue outlook for the company. AL001's preclinical data suggests superior brain uptake of lithium with lower systemic exposure, potentially eliminating the need for therapeutic drug monitoring and offering a significant advantage over existing treatments.

  3. Successful Development and Advancement of ALZN002: The continued progress of ALZN002, a cell-based therapeutic vaccine for Alzheimer's, through its Phase I/IIA clinical trial will be an important driver. While there have been recent challenges in securing a contract research organization (CRO) for ALZN002, resolving these issues and advancing the trial will maintain its potential as a future revenue stream and diversify the company's pipeline.

  4. Strategic Partnerships and Licensing Agreements: As a clinical-stage company, forming strategic partnerships or securing licensing agreements for AL001 and/or ALZN002 could provide essential funding, specialized expertise, and established pathways for later-stage development and commercialization. Such collaborations would significantly bolster the company's ability to bring its therapies to market and realize future revenue growth.

AI Analysis | Feedback

Share Issuance

  • Alzamend Neuro reported net cash provided by financing activities of $10.4 million for the fiscal year ended April 30, 2025.
  • During fiscal year 2025, the company generated gross proceeds of $7.7 million from the sale of Series A, B, and C Convertible Preferred Stock, and an additional $2.7 million from an at-the-market (ATM) offering program.
  • In December 2024, Alzamend entered into a securities purchase agreement with an institutional investor for up to $25 million of preferred stock and warrants over two years, and an at-the-market sales agreement to sell up to $6.5 million of common stock.

Inbound Investments

  • Alzamend Neuro completed a $5 million private placement in June 2025, ahead of schedule, with funds allocated to support five Phase II clinical trials for AL001 at Massachusetts General Hospital.
  • Net cash provided by financing activities for the six months ended October 31, 2024, was $8.3 million.

Capital Expenditures

  • The company's capital expenditure (CapEx) compound annual growth rate (CAGR) over the last three years was 25.41% as of June 30, 2025.
  • Alzamend Neuro invested $1.3 million in research and development during Q4 2026, primarily for AL001 Phase II work with Massachusetts General Hospital.

Peer Outperformance in Biotechnology

ALZN has trailed 94% of its 363 Biotechnology peers over 5Y. Biotechnology ranks 10th of 10 industries in Health Care by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Biotechnology constituents that ALZN has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
41%
of 455 industry peers · -21.3% return
3Y
7%
of 402 industry peers · -99.4% return
5Y
6%
of 363 industry peers · -99.9% return
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Median price return by industry across the Health Care sector, ranked by 5Y. Biotechnology is ALZN's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Health Care Distributors 6 16.2%43.2%90.1% CAH 392% · MCK 346% · COR 168%
Managed Health Care 8 40.4%-5.3%2.3% OSCR 84% · HQY 56% · ELV 17%
Health Care Services 20 21.1%37.6%-0.3% HIMS 239% · RDNT 173% · DGX 76%
Health Care Facilities 24 6.0%6.5%-4.5% NHC 271% · THC 261% · ENSG 129%
Health Care Equipment 50 -2.7%-0.2%-21.1% POCI 11050% · UFPT 341% · GKOS 222%
Pharmaceuticals 62 -10.5%14.8%-38.6% LQDA 2472% · INDV 1099% · ETON 1051%
Health Care Supplies 12 14.1%-8.9%-39.7% LNTH 287% · HAE 54% · MMSI 20%
Life Sciences Tools & Services 109 4.3%-11.3%-68.4% SNWV 1757% · MEDP 231% · NTRA 199%
Health Care Technology 21 -25.8%-52.6%-79.2% SPOK 68% · HSTM 3% · VEEV -13%
Biotechnology ← 364 0.6%-21.7%-79.4% CELZ 1280% · DNTH 1221% · ELVN 1069%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1Alzamend Neuro Earnings Notes12/16/2025
Title
0ARTICLES

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

ALZNBIIBLLYAXSMACADANVSMedian
NameAlzamend.Biogen Eli LillyAxsome T.ACADIA P.Annovis . 
Mkt Price1.89215.501,152.93207.7827.291.14117.53
Mkt Cap-31.81,028.910.84.70.010.8
Rev LTM-10,02879,6667771,13901,139
Op Inc LTM-1,93539,608-18386-5086
FCF LTM-2,49013,560-7251-4351
FCF 3Y Avg-1,9353,294-12073-3273
CFO LTM-2,87928,083-71160-43160
CFO 3Y Avg-2,26014,510-120143-32143

Growth & Margins

ALZNBIIBLLYAXSMACADANVSMedian
NameAlzamend.Biogen Eli LillyAxsome T.ACADIA P.Annovis . 
Rev Chg LTM-0.3%49.6%56.9%11.8%-30.7%
Rev Chg 3Y Avg-0.2%39.4%62.1%29.3%-34.4%
Rev Chg Q-3.4%47.7%45.5%16.4%-31.0%
QoQ Delta Rev Chg LTM-0.9%10.3%9.6%4.0%-6.8%
Op Inc Chg LTM--21.7%76.5%12.2%-4.4%-109.2%-4.4%
Op Inc Chg 3Y Avg--6.0%71.3%-9.1%136.4%-29.1%-6.0%
Op Mgn LTM-19.3%49.7%-23.5%7.6%-13.4%
Op Mgn 3Y Avg-21.5%42.1%-51.8%6.3%-13.9%
QoQ Delta Op Mgn LTM--3.9%2.4%1.4%0.2%-0.8%
CFO/Rev LTM-28.7%35.3%-9.2%14.1%-21.4%
CFO/Rev 3Y Avg-22.8%22.5%-30.3%13.9%-18.2%
FCF/Rev LTM-24.8%17.0%-9.3%4.5%-10.7%
FCF/Rev 3Y Avg-19.5%2.5%-30.5%7.4%-5.0%

Valuation

ALZNBIIBLLYAXSMACADANVSMedian
NameAlzamend.Biogen Eli LillyAxsome T.ACADIA P.Annovis . 
Mkt Cap-31.81,028.910.84.70.010.8
P/S-3.212.913.94.1-8.5
P/Op Inc-16.526.0-58.954.2-0.916.5
P/EBIT-24.625.0-57.854.2-0.924.6
P/E-38.138.5-56.212.3-0.912.3
P/CFO-11.136.6-151.029.2-1.011.1
Total Yield-2.6%3.2%-1.8%8.1%-115.8%2.6%
Dividend Yield-0.0%0.6%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-7.4%0.3%-2.4%2.2%-55.1%0.3%
D/E-0.30.10.00.00.00.0
Net D/E-0.20.0-0.0-0.2-0.4-0.0

Returns

ALZNBIIBLLYAXSMACADANVSMedian
NameAlzamend.Biogen Eli LillyAxsome T.ACADIA P.Annovis . 
1M Rtn21.2%-0.6%-8.2%0.0%-7.5%-37.4%-4.0%
3M Rtn54.9%9.6%5.1%-17.1%26.2%-34.9%7.4%
6M Rtn3.3%18.8%27.6%32.4%31.6%-56.2%23.2%
12M Rtn-21.3%51.2%54.3%79.2%11.8%-50.9%31.5%
3Y Rtn-99.4%-16.8%113.9%178.0%16.6%-89.1%-0.1%
1M Excs Rtn25.1%-2.0%-9.2%-4.0%-8.9%-37.6%-6.5%
3M Excs Rtn52.9%7.6%3.1%-19.1%24.2%-36.9%5.4%
6M Excs Rtn-15.8%1.7%10.3%15.0%15.9%-73.1%6.0%
12M Excs Rtn-40.3%32.8%36.7%62.3%-3.1%-66.8%14.9%
3Y Excs Rtn-170.6%-87.0%25.3%98.7%-65.8%-160.4%-76.4%

Comparison Analyses

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Segment Financials

Assets by Segment
$ Mil20262025202420232022
Developing novel products for the treatment of Alzheimer’s, bipolar disorder (BD), major depressive251615
Total251615


Price Behavior

Price Behavior
Market Price$1.89 
Market Cap ($ Bil)0.0 
First Trading Date06/15/2021 
Distance from 52W High-27.6% 
   50 Days200 Days
DMA Price$1.50$1.60
DMA Trenddownup
Distance from DMA26.2%17.9%
 3M1YR
Volatility57.8%75.8%
Downside Capture-107.62182.96
Upside Capture136.58124.00
Correlation (SPY)3.3%30.6%
ALZN Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta1.261.150.382.081.814.31
Up Beta3.331.440.622.062.078.77
Down Beta-1.292.380.193.182.571.29
Up Capture186%219%109%142%108%70%
Bmk +ve Days10213268138427
Stock +ve Days10233155110307
Down Capture-242%-104%-39%187%149%113%
Bmk -ve Days11213259113324
Stock -ve Days10172963129410

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ALZN
ALZN-24.5%75.4%-0.04-
Sector ETF (XLV)24.4%16.1%1.1614.2%
Equity (SPY)16.9%12.9%0.9430.5%
Gold (GLD)19.1%29.3%0.6012.1%
Commodities (DBC)46.3%20.6%1.73-9.8%
Real Estate (VNQ)4.9%13.6%0.1012.7%
Bitcoin (BTCUSD)-30.6%44.3%-0.7026.6%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ALZN
ALZN-78.2%332.8%0.08-
Sector ETF (XLV)6.4%15.2%0.2410.5%
Equity (SPY)12.9%17.2%0.5713.4%
Gold (GLD)19.1%18.8%0.83-5.5%
Commodities (DBC)11.2%19.5%0.451.6%
Real Estate (VNQ)1.1%18.8%-0.055.5%
Bitcoin (BTCUSD)12.5%52.5%0.423.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ALZN
ALZN-59.9%326.1%-0.00-
Sector ETF (XLV)10.6%16.7%0.5110.3%
Equity (SPY)15.1%18.0%0.7213.4%
Gold (GLD)12.1%16.4%0.61-5.3%
Commodities (DBC)8.3%18.1%0.371.8%
Real Estate (VNQ)4.4%20.7%0.185.5%
Bitcoin (BTCUSD)62.6%66.2%1.023.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date8312026
Short Interest: Shares Quantity0.2 Mil
Short Interest: % Change Since 8152026-10.5%
Average Daily Volume0.2 Mil
Days-to-Cover Short Interest1.0 days

Earnings Returns History

Updated 8/3/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/23/2025-0.7%-16.3%-21.9%
12/12/20240.0%5.0%-1.7%
3/16/2023-12.4%-5.8%29.3%
SUMMARY STATS   
# Positive111
# Negative222
Median Positive0.0%5.0%29.3%
Median Negative-6.5%-11.0%-11.8%
Max Positive0.0%5.0%29.3%
Max Negative-12.4%-16.3%-21.9%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/23/2025-0.7%-16.3%-21.9%
12/12/20240.0%5.0%-1.7%
3/16/2023-12.4%-5.8%29.3%
SUMMARY STATS   
# Positive111
# Negative222
Median Positive0.0%5.0%29.3%
Median Negative-6.5%-11.0%-11.8%
Max Positive0.0%5.0%29.3%
Max Negative-12.4%-16.3%-21.9%

SEC Filings

Expand for More
Report DateFiling DateFiling
07/31/202609/10/202610-Q
04/30/202607/22/202610-K
01/31/202603/11/202610-Q
10/31/202512/09/202510-Q
07/31/202509/10/202510-Q
04/30/202507/22/202510-K
01/31/202503/10/202510-Q
10/31/202412/11/202410-Q
07/31/202409/11/202410-Q
04/30/202407/30/202410-K
01/31/202403/25/202410-Q
10/31/202312/15/202310-Q
07/31/202309/13/202310-Q
04/30/202307/27/202310-K
01/31/202303/15/202310-Q
10/31/202212/12/202210-Q
Collapse to Preview
Report DateFiling DateFiling
07/31/202609/10/202610-Q
04/30/202607/22/202610-K
01/31/202603/11/202610-Q
10/31/202512/09/202510-Q
07/31/202509/10/202510-Q
04/30/202507/22/202510-K
01/31/202503/10/202510-Q
10/31/202412/11/202410-Q
07/31/202409/11/202410-Q
04/30/202407/30/202410-K
01/31/202403/25/202410-Q
10/31/202312/15/202310-Q
07/31/202309/13/202310-Q
04/30/202307/27/202310-K
01/31/202303/15/202310-Q
10/31/202212/12/202210-Q
07/31/202209/13/202210-Q
04/30/202207/19/202210-K
01/31/202203/15/202210-Q
10/31/202112/13/202110-Q
07/31/202109/13/202110-Q
04/30/202107/29/202110-K
01/31/202106/15/2021424B4

Insider Activity

Updated 8/31/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Ault, Milton C IiiDirectSell83120261.562,000  Form
2Ault, Milton C IiiAult Lending, LLCBuy41620261.00108,388108,897117,196Form
3Ault, Milton C IiiDirectSell123020252.071,851  Form
4Horne, William BDirectSell122320252.123,333  Form
5McGrath, Lynne FaheyDirectSell102420252.29306957Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Ault, Milton C IiiDirectSell83120261.562,000  Form
2Ault, Milton C IiiAult Lending, LLCBuy41620261.00108,388108,897117,196Form
3Ault, Milton C IiiDirectSell123020252.071,851  Form
4Horne, William BDirectSell122320252.123,333  Form
5McGrath, Lynne FaheyDirectSell102420252.29306957Form
6Ault, Milton C IiiAult Lending, LLCSell101020252.3220,39747,39019,191Form
7Ault, Milton C IiiAult Lending, LLCSell101020252.44101,394247,15869,854Form
8Ault, Milton C IiiAult Lending, LLCSell100820252.4957,379142,954171,528Form
9Ault, Milton C IiiAult Lending, LLCSell100820252.4582,033201,26864,348Form
10Ault, Milton C IiiAult Lending, LLCSell100320252.4465,903160,88920,165Form
11Ault, Milton C IiiAult Lending, LLCSell100320252.3920,68649,522177,546Form
12Ault, Milton C IiiAult Lending, LLCSell100320252.3536,77786,378222,772Form
13Ault, Milton C IiiAult Lending, LLCSell93020252.333,5668,32173,796Form
14Ault, Milton C IiiAult Lending, LLCSell93020252.3138,32488,49081,258Form
15Ault, Milton C IiiAult Lending, LLCSell93020252.3137,73887,345170,153Form
16Ault, Milton C IiiAult Lending, LLCSell92520252.3114,62833,82926,026Form
17Ault, Milton C IiiAult Lending, LLCSell92520252.3139,14090,37459,762Form
18Ault, Milton C IiiAult Lending, LLCSell92520252.3843,238102,721154,473Form
19Ault, Milton C IiiAult Lending, LLCSell92320252.3577,009180,85619,399Form
20Ault, Milton C IiiAult Lending, LLCSell91920252.4720,87051,493210,384Form
21Ault, Milton C IiiAult Lending, LLCSell91920252.452,1215,204260,412Form
Core Cache Last Updated: 9/20/2026