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.
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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  0.88NUVL NuvalentPairCorr
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  0.82ACLX ArcellxPairCorr
  0.87AMLX Amylyx PharmaceuticalsPairCorr
  0.71SEER Seer IncPairCorr
  0.89PTAIF PT Astra International Earnings Call This WeekPairCorr
  0.9PKX POSCO HoldingsPairCorr
  0.64JNJ Johnson JohnsonPairCorr
  0.74GE GE AerospacePairCorr
  0.74MSFT Microsoft Earnings Call This WeekPairCorr
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  0.81JPM JPMorgan Chase Sell-off TrendPairCorr
  0.63XOM Exxon Mobil Corp Earnings Call This WeekPairCorr
  0.81DD Dupont De Nemours Earnings Call This WeekPairCorr
  0.75BAC Bank of America Aggressive PushPairCorr

Moving against Celcuity Stock

  0.48CERT CertaraPairCorr
  0.68MCD McDonaldsPairCorr
  0.44TRV The Travelers CompaniesPairCorr
  0.38KO Coca Cola Sell-off TrendPairCorr

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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ANEBCLYM
CUECLYM
CUESRRK
  
High negative correlations   
JBIOIKNA
CRNXANEB
ANEBJBIO
CUEIKNA
SRRKJBIO
CUEEVLO

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