MaxCyte Correlations

MXCT Stock

USD 1.55 0.01 0.65%

The current 90-days correlation between MaxCyte and TriSalus Life Sciences is 0.23 (i.e., Modest diversification). The correlation of MaxCyte 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. If the correlation is 0, the equities are not correlated; they are entirely random.

MaxCyte Correlation With Market

Modest diversification

The correlation between MaxCyte and DJI is 0.29 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MaxCyte and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with MaxCyte Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MaxCyte. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in private.

For more information on how to buy MaxCyte Stock please use our How to Invest in MaxCyte guide.

Moving against MaxCyte Stock

0.79	SNN	Smith Nephew SNATS	Pair Corr
0.73	GENI	Genius Sports	Pair Corr
0.71	HLIO	Helios Technologies	Pair Corr
0.61	VWAGY	Volkswagen AG 110 Earnings Call Tomorrow	Pair Corr
0.58	VLKAF	Volkswagen AG Earnings Call Tomorrow	Pair Corr
0.48	VLKPF	Volkswagen AG VZO	Pair Corr
0.34	SAR	Saratoga Investment Corp Normal Trading	Pair Corr
0.33	HNHPF	Hon Hai Precision	Pair Corr

Related Correlations Analysis

	TLSI	PROF	SGHT	HYPR	AVR	RPID	PRE	OWLT	FBRX	ATLN
TLSI		-0.34	0.33	0.02	0.43	-0.43	0.29	0.01	0.24	0.55	TLSI
PROF	-0.34		0.07	0.36	-0.11	0.55	0.45	0.66	0.28	-0.61	PROF
SGHT	0.33	0.07		-0.32	0.26	-0.49	0.12	0.24	-0.23	0.08	SGHT
HYPR	0.02	0.36	-0.32		0.34	0.28	0.55	0.44	0.69	0.21	HYPR
AVR	0.43	-0.11	0.26	0.34		-0.05	0.67	0.25	0.36	0.3	AVR
RPID	-0.43	0.55	-0.49	0.28	-0.05		0.33	0.41	0.36	-0.53	RPID
PRE	0.29	0.45	0.12	0.55	0.67	0.33		0.7	0.68	-0.04	PRE
OWLT	0.01	0.66	0.24	0.44	0.25	0.41	0.7		0.62	-0.19	OWLT
FBRX	0.24	0.28	-0.23	0.69	0.36	0.36	0.68	0.62		0.26	FBRX
ATLN	0.55	-0.61	0.08	0.21	0.3	-0.53	-0.04	-0.19	0.26		ATLN
	TLSI	PROF	SGHT	HYPR	AVR	RPID	PRE	OWLT	FBRX	ATLN

Please upgrade your account to get full access to Macroaxis premium features

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

OWLT	+ 0.7	PRE
FBRX	+ 0.69	HYPR
FBRX	+ 0.68	PRE
PRE	+ 0.67	AVR
OWLT	+ 0.66	PROF
FBRX	+ 0.62	OWLT

High negative correlations

ATLN	- 0.61	PROF
ATLN	- 0.53	RPID
RPID	- 0.49	SGHT
RPID	- 0.43	TLSI
PROF	- 0.34	TLSI
HYPR	- 0.32	SGHT

Risk-Adjusted Indicators

There is a big difference between MaxCyte Stock performing well and MaxCyte 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 MaxCyte'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
TLSI	3.10	(0.01)	0.03	0.08	3.41	(3.73)	7.63	(6.18)	26.13
PROF	3.62	0.09	0.03	0.13	5.12	(4.13)	11.76	(6.79)	29.14
SGHT	3.29	0.44	0.24	0.23	2.12	(5.41)	8.11	(4.48)	38.03
HYPR	4.73	0.14	0.05	0.13	7.30	(5.50)	14.17	(7.69)	56.97
AVR	4.91	0.47	0.13	0.25	4.64	(5.94)	11.54	(7.52)	32.32
RPID	4.10	(0.62)	0.00	(0.15)	0.00	0.00	8.58	(9.64)	23.32
PRE	4.32	0.95	0.12	(0.46)	5.18	(5.23)	10.70	(7.13)	38.03
OWLT	3.69	0.25	0.06	0.31	4.33	(4.05)	9.50	(8.64)	28.94
FBRX	3.62	0.23	0.06	0.32	3.85	(4.05)	9.07	(6.84)	22.83
ATLN	7.63	0.80	0.15	0.25	6.98	(10.16)	26.49	(11.70)	61.66

MaxCyte Corporate Management

James Brady	Senior Support	Profile
Stark Thompson	Consultant	Profile
Jill Mayer	Senior Resources	Profile
Cenk Sumen	Chief Officer	Profile
Douglas Doerfler	President, Founder	Profile
Jay Gelfman	Senior Operations	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC