Aeterna Zentaris Correlations

AEZSDelisted Stock  USD 6.14  0.08  1.29%   
The current 90-days correlation between Aeterna Zentaris and Pulmatrix is -0.07 (i.e., Good diversification). The correlation of Aeterna Zentaris 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.

Aeterna Zentaris Correlation With Market

Good diversification

The correlation between Aeterna Zentaris 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 Aeterna Zentaris and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Aeterna Stock

  0.62PPERY Bank Mandiri PerseroPairCorr
  0.66BKRKY Bank RakyatPairCorr
  0.74KO Coca Cola Fiscal Year End 11th of February 2025 PairCorr
  0.74MRK Merck Company Fiscal Year End 6th of February 2025 PairCorr
  0.7MMM 3M Company Fiscal Year End 28th of January 2025 PairCorr

Moving against Aeterna Stock

  0.72CSCO Cisco SystemsPairCorr
  0.66BAC Bank of America Fiscal Year End 10th of January 2025 PairCorr
  0.59T ATT Inc Fiscal Year End 22nd of January 2025 PairCorr
  0.51AXP American Express Fiscal Year End 24th of January 2025 PairCorr
  0.49DIS Walt DisneyPairCorr
  0.48KB KB Financial GroupPairCorr
  0.39HPQ HP IncPairCorr

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   
CBIOPULM
DFFNBPTH
TNXPCBIO
TNXPPULM
JAGXBPTH
JAGXDFFN
  
High negative correlations   
DFFNPULM
DFFNCBIO
BPTHCBIO
BPTHPULM
JAGXCBIO
JAGXPULM

Risk-Adjusted Indicators

There is a big difference between Aeterna Stock performing well and Aeterna Zentaris 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 Aeterna Zentaris' 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.

Delisting Warning - AEZS

Aeterna Zentaris was delisted

The entity Aeterna Zentaris with a symbol AEZS was delisted from NASDAQ Exchange. Please try COSCIENS Biopharma with a symbol CSCI from now on. Check all delisted instruments accross multiple markets.

Aeterna Zentaris Corporate Management

Amlie MtivierAssistant SecProfile
Eckhard GuentherSr GermanyProfile
Matthias GerlachSenior ProductionProfile
Nicola MDChief DevelopmentProfile

Still Interested in Aeterna Zentaris?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.