VectivBio Holding Correlations
| VECTDelisted Stock | USD 16.85 0.00 0.00% |
The current 90-days correlation between VectivBio Holding and Cns Pharmaceuticals is -0.24 (i.e., Very good diversification). The correlation of VectivBio Holding 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.
VectivBio Holding Correlation With Market
Good diversification
The correlation between VectivBio Holding AG and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VectivBio Holding AG and DJI in the same portfolio, assuming nothing else is changed.
VectivBio |
Moving together with VectivBio Stock
| 0.78 | DIS | Walt Disney | PairCorr |
| 0.88 | CSCO | Cisco Systems | PairCorr |
| 0.82 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.88 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.82 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
Moving against VectivBio Stock
| 0.95 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.92 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.92 | BKRKY | Bank Rakyat | PairCorr |
| 0.91 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.83 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.83 | PTBRY | Bank Negara Indonesia | PairCorr |
| 0.82 | PBCRY | Bank Central Asia | PairCorr |
| 0.82 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.79 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.78 | SHG | Shinhan Financial | PairCorr |
| 0.71 | PBCRF | PT Bank Central | PairCorr |
| 0.66 | WF | Woori Financial Group | PairCorr |
| 0.64 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.56 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.54 | VZ | Verizon Communications Fiscal Year End 28th of January 2025 | 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 VectivBio Stock performing well and VectivBio Holding 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 VectivBio Holding'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CNSP | 4.70 | (0.27) | 0.00 | (0.39) | 0.00 | 10.00 | 39.29 | |||
| ZVSA | 3.69 | (1.06) | 0.00 | (0.19) | 0.00 | 7.55 | 78.93 | |||
| EFTR | 7.57 | (4.46) | 0.00 | 2.48 | 0.00 | 8.70 | 88.91 | |||
| AVRO | 1.77 | 0.14 | 0.04 | 4.23 | 1.89 | 4.11 | 14.20 | |||
| IMMX | 5.14 | 0.49 | 0.09 | 0.62 | 5.26 | 17.36 | 35.42 | |||
| HEPA | 3.74 | (0.35) | 0.00 | 0.72 | 0.00 | 8.06 | 33.54 | |||
| CWBR | 7.34 | 2.40 | 0.34 | 2.50 | 5.34 | 5.73 | 250.97 | |||
| OCEA | 3.15 | (0.59) | 0.00 | 1.96 | 0.00 | 4.62 | 27.01 | |||
| ENVB | 3.29 | (0.39) | 0.00 | 5.38 | 0.00 | 8.00 | 28.33 | |||
| ELEV | 3.85 | 0.17 | 0.04 | 0.17 | 4.64 | 8.33 | 22.33 |
VectivBio Holding Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with VectivBio Holding stock to make a market-neutral strategy. Peer analysis of VectivBio Holding could also be used in its relative valuation, which is a method of valuing VectivBio Holding by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
VectivBio Holding Corporate Management
| Luca MD | CEO Founder | Profile | |
| Claudia DAugusta | Chief Officer | Profile | |
| Kevin MBA | Chief Officer | Profile | |
| Christian MD | Chief Officer | Profile | |
| Sarah Holland | Chief Officer | Profile | |
| Alain Bernard | Chief Officer | Profile | |
| Patrick Malloy | VP Communications | Profile |
Still Interested in VectivBio Holding AG?
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