Celcuity LLC Correlations
CELC Stock | USD 14.05 0.11 0.79% |
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.
Moving together with Celcuity Stock
0.92 | VRDN | Viridian Therapeutics | PairCorr |
0.87 | VTYX | Ventyx Biosciences | PairCorr |
0.61 | MRK | Merck Company Earnings Call This Week | PairCorr |
0.85 | PFE | Pfizer Inc Sell-off Trend | PairCorr |
0.8 | MRVI | Maravai Lifesciences | PairCorr |
0.88 | NUVL | Nuvalent | PairCorr |
0.65 | PCVX | Vaxcyte | PairCorr |
0.82 | ACLX | Arcellx | PairCorr |
0.87 | AMLX | Amylyx Pharmaceuticals | PairCorr |
0.71 | SEER | Seer Inc | PairCorr |
0.89 | PTAIF | PT Astra International Earnings Call This Week | PairCorr |
0.9 | PKX | POSCO Holdings | PairCorr |
0.64 | JNJ | Johnson Johnson | PairCorr |
0.74 | GE | GE Aerospace | PairCorr |
0.74 | MSFT | Microsoft Earnings Call This Week | PairCorr |
0.86 | CVX | Chevron Corp Earnings Call This Week | PairCorr |
0.77 | BA | Boeing Earnings Call This Week | PairCorr |
0.81 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
0.63 | XOM | Exxon Mobil Corp Earnings Call This Week | PairCorr |
0.81 | DD | Dupont De Nemours Earnings Call This Week | PairCorr |
0.75 | BAC | Bank of America Aggressive Push | PairCorr |
Moving against Celcuity Stock
0.48 | CERT | Certara | PairCorr |
0.68 | MCD | McDonalds | PairCorr |
0.44 | TRV | The Travelers Companies | PairCorr |
0.38 | KO | Coca Cola Sell-off Trend | PairCorr |
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
| 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.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
IKNA | 2.65 | 0.47 | 0.04 | (0.96) | 2.94 | 6.72 | 18.39 | |||
JBIO | 5.73 | (1.71) | 0.00 | (1.79) | 0.00 | 8.71 | 88.91 | |||
CLYM | 3.32 | 0.50 | 0.02 | (0.42) | 3.43 | 7.50 | 20.13 | |||
ANEB | 5.24 | 1.96 | 0.57 | 1.53 | 2.43 | 11.34 | 28.71 | |||
CRNX | 2.22 | (0.42) | (0.06) | 0.03 | 3.05 | 4.17 | 15.86 | |||
EVLO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
SRRK | 3.12 | 0.10 | 0.08 | 0.29 | 2.98 | 7.18 | 22.87 | |||
CUE | 3.93 | 0.42 | 0.03 | (3.29) | 4.12 | 9.72 | 28.59 |
Celcuity LLC Corporate Management
Dabt Ph | VP RD | Profile | |
Vicky CPA | Chief Officer | Profile | |
Eric Lindquist | Chief Officer | Profile | |
Sheri Smith | Acting Operations | Profile | |
MBA III | Chief Officer | Profile | |
Brian Sullivan | Chairman CoFounder | Profile | |
Lance Laing | Chief CoFounder | Profile |