Ampio Pharm Correlations
| AMPEDelisted Stock | USD 0.24 0.01 4.35% |
The current 90-days correlation between Ampio Pharm and Alpine Immune Sciences is -0.08 (i.e., Good diversification). The correlation of Ampio Pharm 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.
Ampio Pharm Correlation With Market
Good diversification
The correlation between Ampio Pharm and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ampio Pharm and DJI in the same portfolio, assuming nothing else is changed.
Ampio |
The ability to find closely correlated positions to Ampio Pharm could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ampio Pharm when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ampio Pharm - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ampio Pharm to buy it.
Moving together with Ampio Pink Sheet
| 0.66 | MDGL | Madrigal Pharmaceuticals | PairCorr |
| 0.64 | VERA | Vera Therapeutics | PairCorr |
| 0.61 | MNKD | MannKind Corp | PairCorr |
Moving against Ampio Pink Sheet
| 0.39 | EQ | Equillium | PairCorr |
| 0.37 | MCRB | Seres Therapeutics | PairCorr |
| 0.36 | VAXX | Vaxxinity | PairCorr |
| 0.67 | VERU | Veru Inc | PairCorr |
| 0.44 | DRMA | Dermata Therapeutics | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Ampio Pink Sheet performing well and Ampio Pharm 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 Ampio Pharm'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ALPN | 2.72 | 0.81 | 0.34 | 1.26 | 1.74 | 8.04 | 15.28 | |||
| ANTX | 2.96 | 0.38 | 0.13 | 0.40 | 2.42 | 8.94 | 28.89 | |||
| GLUE | 5.31 | 0.78 | 0.15 | (3.88) | 4.57 | 8.40 | 103.72 | |||
| CADL | 6.76 | 1.06 | 0.15 | 0.88 | 6.33 | 21.74 | 99.24 | |||
| SYBX | 1.87 | 0.01 | 0.00 | 0.06 | 2.05 | 4.17 | 11.40 | |||
| EFTR | 7.57 | (4.59) | 0.00 | (3.79) | 0.00 | 8.70 | 88.91 | |||
| GRTX | 2.93 | (0.03) | 0.00 | (0.24) | 0.00 | 7.31 | 18.16 | |||
| ICVX | 4.87 | 0.97 | 0.19 | 0.52 | 4.56 | 10.22 | 38.57 | |||
| ACIU | 2.29 | (0.25) | 0.00 | (0.31) | 0.00 | 5.63 | 23.56 | |||
| QNRX | 6.80 | 0.87 | 0.14 | 0.95 | 5.70 | 27.27 | 74.46 |
View Ampio Pharm Related Equities
| Risk & Return | Correlation |
Ampio Pharm Corporate Management
| CPA CPA | Corp CFO | Profile | |
| Laura Goldberg | VP Operations | Profile | |
| MBBCh MMM | Chief Officer | Profile | |
| Lane Hapke | VP Operations | Profile | |
| April Ramirez | Clinical Manager | Profile | |
| Michael Martino | CEO Director | Profile |
Still Interested in Ampio Pharm?
Investing in delisted pink sheets can be risky, as the pink sheet 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.