Sera Prognostics Correlations

SERA Stock

USD 3.25 0.14 4.50%

The current 90-days correlation between Sera Prognostics and Fonar is 0.15 (i.e., Average diversification). The correlation of Sera Prognostics 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.

Sera Prognostics Correlation With Market

Average diversification

The correlation between Sera Prognostics and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sera Prognostics and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Sera Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sera Prognostics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Sera Stock refer to our How to Trade Sera Stock guide.

Moving against Sera Stock

0.6	TRV	The Travelers Companies	Pair Corr
0.47	WMT	Walmart Sell-off Trend	Pair Corr
0.35	GE	GE Aerospace	Pair Corr
0.31	T	ATT Inc	Pair Corr

Related Correlations Analysis

	FONR	CSTL	XGN	TCRX	ELEV	RPID	UNCY	RNAZ
FONR		-0.1	0.69	0.5	0.24	0.81	-0.45	-0.36	FONR
CSTL	-0.1		-0.17	0.21	0.63	-0.34	0.02	0.23	CSTL
XGN	0.69	-0.17		0.47	0.11	0.68	0.05	-0.26	XGN
TCRX	0.5	0.21	0.47		0.4	0.21	-0.11	0.23	TCRX
ELEV	0.24	0.63	0.11	0.4		0.0	-0.34	0.25	ELEV
RPID	0.81	-0.34	0.68	0.21	0.0		-0.15	-0.6	RPID
UNCY	-0.45	0.02	0.05	-0.11	-0.34	-0.15		-0.14	UNCY
RNAZ	-0.36	0.23	-0.26	0.23	0.25	-0.6	-0.14		RNAZ
	FONR	CSTL	XGN	TCRX	ELEV	RPID	UNCY	RNAZ

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

RPID	+ 0.81	FONR
XGN	+ 0.69	FONR
RPID	+ 0.68	XGN
ELEV	+ 0.63	CSTL
TCRX	+ 0.5	FONR
TCRX	+ 0.47	XGN

High negative correlations

RNAZ	- 0.6	RPID
UNCY	- 0.45	FONR
RNAZ	- 0.36	FONR
UNCY	- 0.34	ELEV
RPID	- 0.34	CSTL
RNAZ	- 0.26	XGN

Risk-Adjusted Indicators

There is a big difference between Sera Stock performing well and Sera Prognostics 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 Sera Prognostics' 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
FONR	1.45	0.34	0.15	0.88	1.13	(1.81)	4.41	(2.29)	15.35
CSTL	2.13	(0.58)	0.00	(0.31)	0.00	0.00	3.04	(4.17)	15.33
XGN	3.30	0.54	0.17	0.60	3.35	(4.00)	7.09	(5.85)	27.99
TCRX	4.38	1.04	0.10	(0.41)	4.24	(5.07)	10.77	(7.81)	28.20
ELEV	3.37	0.66	0.02	(0.17)	3.35	(6.16)	9.09	(6.67)	29.95
RPID	3.62	0.67	0.18	0.82	3.34	(4.26)	8.24	(5.19)	35.51
UNCY	5.51	(0.20)	(0.02)	0.04	9.89	(5.73)	14.48	(10.52)	60.25
RNAZ	6.28	0.80	0.11	1.14	6.67	(8.39)	14.91	(14.29)	59.97

Sera Prognostics Corporate Management

Benjamin JD	General Counsel	Profile
Steven Graves	CoFounder Board	Profile
Lee Anderson	Chief Officer	Profile
John Boniface	Chief Officer	Profile
Paul Kearney	Chief Officer	Profile
Robert Harrison	Chief Officer	Profile
Austin Aerts	Chief Officer	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