AIM ImmunoTech Correlations

AIM ImmunoTech Correlation With Market

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AIM ImmunoTech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in AIM Stock, please use our How to Invest in AIM ImmunoTech guide.

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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    AYTU + 0.85 QNRX NNVC + 0.61 QNRX CODX + 0.47 IBIO NNVC + 0.47 AYTU COCP + 0.38 QNRX NNVC + 0.3 COCP

High negative correlations    CODX - 0.89 QNRX CODX - 0.84 AYTU NNVC - 0.61 CODX AYTU - 0.51 IBIO IBIO - 0.45 QNRX CODX - 0.28 COCP

Risk-Adjusted Indicators

There is a big difference between AIM Stock performing well and AIM ImmunoTech 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 AIM ImmunoTech'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.