Marker Therapeutics Correlations
| MRKR Stock | USD 1.70 0.22 11.46% |
The current 90-days correlation between Marker Therapeutics and Plus Therapeutics is 0.12 (i.e., Average diversification). The correlation of Marker Therapeutics 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.
Marker Therapeutics Correlation With Market
Average diversification
The correlation between Marker Therapeutics 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 Marker Therapeutics and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Marker Stock
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| 0.64 | KMDA | Kamada | PairCorr |
| 0.8 | CGEN | Compugen | PairCorr |
| 0.65 | FNMFO | Federal National Mortgage | PairCorr |
| 0.61 | AVAL | Grupo Aval | PairCorr |
| 0.81 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.83 | SHG | Shinhan Financial Earnings Call This Week | PairCorr |
| 0.81 | WF | Woori Financial Group Earnings Call This Week | PairCorr |
| 0.66 | BAC-PL | Bank of America | PairCorr |
| 0.72 | CSCO | Cisco Systems | PairCorr |
| 0.72 | IBM | International Business Earnings Call This Week | PairCorr |
| 0.61 | AA | Alcoa Corp | PairCorr |
| 0.7 | MSFT | Microsoft | PairCorr |
| 0.78 | CVX | Chevron Corp | PairCorr |
| 0.67 | DIS | Walt Disney | PairCorr |
| 0.66 | AXP | American Express | PairCorr |
Moving against Marker Stock
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 Marker Stock performing well and Marker Therapeutics 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 Marker Therapeutics' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CADL | 3.69 | 0.21 | 0.09 | 0.22 | 3.69 | 8.83 | 21.75 | |||
| INKT | 21.83 | 10.76 | 0.95 | (1.16) | 6.73 | 6.18 | 766.86 | |||
| FBRX | 6.52 | 1.10 | 0.14 | 0.82 | 7.51 | 15.04 | 61.07 | |||
| PSTV | 8.85 | (0.18) | (0.01) | 0.01 | 10.27 | 23.44 | 81.93 | |||
| LPTX | 4.27 | 0.00 | 0.00 | 0.13 | 5.12 | 8.82 | 30.19 | |||
| ARDS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HOTH | 4.83 | 0.83 | 0.15 | 0.85 | 4.79 | 10.00 | 87.22 | |||
| SYBX | 2.78 | 0.71 | 0.16 | 1.85 | 3.15 | 5.66 | 12.80 |