Tivic Health Correlations
| TIVC Stock | USD 4.04 0.02 0.49% |
The current 90-days correlation between Tivic Health Systems and Bone Biologics Corp is 0.04 (i.e., Significant diversification). The correlation of Tivic Health 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.
Tivic Health Correlation With Market
Weak diversification
The correlation between Tivic Health Systems and DJI is 0.38 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tivic Health Systems and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Tivic Stock
Moving against Tivic Stock
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| 0.49 | OM | Outset Medical | PairCorr |
| 0.49 | DXCM | DexCom Inc Earnings Call This Week | PairCorr |
| 0.46 | VEEV | Veeva Systems Class | PairCorr |
| 0.45 | DH | Definitive Healthcare | PairCorr |
| 0.42 | MD | Mednax Inc | PairCorr |
| 0.36 | VNRX | Volitionrx | PairCorr |
| 0.56 | ENSG | Ensign Group Earnings Call This Week | PairCorr |
| 0.44 | FIGS | Figs Inc | PairCorr |
| 0.34 | MDAI | Spectral AI | PairCorr |
| 0.41 | NAKA | Kindly MD, Symbol Change | PairCorr |
| 0.37 | MHUA | Meihua International | PairCorr |
| 0.33 | MODV | ModivCare | 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 Tivic Stock performing well and Tivic Health 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 Tivic Health'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BBLG | 4.91 | (0.43) | 0.00 | (0.55) | 0.00 | 10.10 | 47.51 | |||
| BJDX | 4.27 | (0.66) | 0.00 | (0.15) | 0.00 | 8.38 | 59.58 | |||
| TLIS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NUWE | 8.67 | (0.22) | (0.01) | 0.00 | 11.26 | 11.11 | 132.35 | |||
| HSCS | 4.97 | 0.18 | 0.05 | 0.21 | 6.45 | 8.17 | 58.52 | |||
| MRAI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PETV | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CNTX | 3.75 | 0.03 | 0.01 | 0.15 | 3.48 | 12.07 | 27.46 |
Tivic Health Corporate Management
| Jennifer Ernst | CEO CoFounder | Profile | |
| Kimberly Bambach | Interim Officer | Profile | |
| Ryan Sabia | Chief Officer | Profile | |
| Blake Gurfein | Chief Officer | Profile | |
| Lisa Wolf | Interim Officer | Profile | |
| Veronica Cai | CFO Sec | Profile | |
| Sanjay Ahuja | VP Affairs | Profile |