Surrozen Correlations
SRZN Stock | USD 8.70 0.22 2.59% |
The current 90-days correlation between Surrozen and Unicycive Therapeutics is 0.07 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Surrozen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Surrozen moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Surrozen Correlation With Market
Significant diversification
The correlation between Surrozen and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Surrozen and DJI in the same portfolio, assuming nothing else is changed.
Moving against Surrozen Stock
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Related Correlations Analysis
0.38 | 0.28 | -0.36 | 0.23 | -0.14 | CYCN | ||
0.38 | 0.62 | -0.65 | 0.66 | -0.26 | LRMR | ||
0.28 | 0.62 | -0.72 | 0.29 | -0.08 | ADXN | ||
-0.36 | -0.65 | -0.72 | -0.29 | 0.18 | VINC | ||
0.23 | 0.66 | 0.29 | -0.29 | -0.21 | ELEV | ||
-0.14 | -0.26 | -0.08 | 0.18 | -0.21 | UNCY | ||
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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 Surrozen Stock performing well and Surrozen 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 Surrozen'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
CYCN | 4.37 | 0.39 | 0.07 | 0.71 | 4.81 | 10.74 | 24.66 | |||
LRMR | 5.07 | 0.74 | 0.14 | 0.45 | 5.55 | 10.88 | 40.34 | |||
ADXN | 3.50 | 0.09 | 0.02 | 0.20 | 4.65 | 7.67 | 34.18 | |||
VINC | 6.81 | (3.29) | 0.00 | (4.63) | 0.00 | 8.57 | 64.36 | |||
ELEV | 3.60 | 0.58 | 0.08 | (1.79) | 3.37 | 9.09 | 29.95 | |||
UNCY | 5.48 | (0.17) | 0.00 | (0.04) | 0.00 | 14.48 | 60.25 |
Surrozen Corporate Management
Charles Williams | Chief Officer | Profile | |
Roeland Nusse | CoFounder Advisor | Profile | |
Elizabeth Nguyen | VP Culture | Profile | |
MS JD | Gen Legal | Profile | |
Li Yang | Executive Research | Profile | |
WenChen MD | Chief Officer | Profile | |
Calvin MD | CoFounder Advisor | Profile |