Celcuity LLC Correlations

CELC Stock  USD 14.26  0.21  1.49%   
The current 90-days correlation between Celcuity LLC and Jade Biosciences, is 0.02 (i.e., Significant diversification). The correlation of Celcuity LLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Celcuity LLC Correlation With Market

Very weak diversification

The correlation between Celcuity LLC and DJI is 0.48 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Celcuity LLC and DJI in the same portfolio, assuming nothing else is changed.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celcuity LLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Celcuity Stock refer to our How to Trade Celcuity Stock guide.

Moving together with Celcuity Stock

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Moving against Celcuity Stock

  0.85ERNA Eterna TherapeuticsPairCorr
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  0.64CLOV Clover Health InvestmentsPairCorr
  0.6MOLN Molecular PartnersPairCorr
  0.42TOVX Theriva BiologicsPairCorr
  0.38LPCN LipocinePairCorr
  0.538143CHP9 US38143CHP95PairCorr

Related Correlations Analysis

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
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High negative correlations   
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Risk-Adjusted Indicators

There is a big difference between Celcuity Stock performing well and Celcuity LLC Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Celcuity LLC's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Celcuity LLC Corporate Management

Dabt PhVP RDProfile
Vicky CPAChief OfficerProfile
Eric LindquistChief OfficerProfile
Sheri SmithActing OperationsProfile
MBA IIIChief OfficerProfile
Brian SullivanChairman CoFounderProfile
Lance LaingChief CoFounderProfile