Trevena Correlations
| TRVN Stock | USD 0.01 0.00 0.00% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trevena moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trevena moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Trevena Correlation With Market
Very good diversification
The correlation between Trevena and DJI is -0.31 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Trevena and DJI in the same portfolio, assuming nothing else is changed.
Moving against Trevena Stock
| 0.44 | AVCR | Avricore Health | PairCorr |
| 0.37 | ANNX | Annexon | PairCorr |
| 0.38 | MUFG | Mitsubishi UFJ Financial Sell-off Trend | PairCorr |
| 0.36 | MBFJF | Mitsubishi UFJ Financial Normal Trading | PairCorr |
| 0.35 | MZHOF | Mizuho Financial Normal Trading | PairCorr |
| 0.35 | CVX | Chevron Corp | PairCorr |
Related Correlations Analysis
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 Trevena Stock performing well and Trevena 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 Trevena'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EVLO | 12.69 | 2.74 | 0.00 | 0.61 | 0.00 | 0.00 | 460.00 | |||
| INFIQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| VAXX | 1,818 | 1,057 | 12.05 | (1.95) | 122.29 | 6,775 | 22,299 | |||
| PXMD | 23.60 | 6.85 | 0.00 | 2.58 | 0.00 | 0.00 | 375.00 | |||
| ARDS | 227.13 | 114.56 | 1.28 | 10.70 | 36.44 | 1,050 | 1,393 | |||
| LIFS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| OZYMF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HLUN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NNLX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ICCT | 38.94 | 12.61 | 0.20 | (0.91) | 26.58 | 100.00 | 400.00 |
Trevena Corporate Management
| Katrine Sutton | Principal officer | Profile | |
| Michael Catalano | Vice Marketing | Profile | |
| Howard MD | Consultant Founder | Profile | |
| Mark MD | Senior Officer | Profile |