CalciMedica, Common Correlations

CALC Stock

3.09 0.08 2.52%

The current 90-days correlation between CalciMedica, Common Stock and Cracker Barrel Old is 0.06 (i.e., Significant diversification). The correlation of CalciMedica, Common 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.

CalciMedica, Common Correlation With Market

Good diversification

The correlation between CalciMedica, Common Stock and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CalciMedica, Common Stock and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CalciMedica, Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Moving together with CalciMedica, Stock

0.71	AZN	AstraZeneca PLC ADR	Pair Corr
0.76	GSK	GlaxoSmithKline PLC ADR	Pair Corr
0.61	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.86	NVS	Novartis AG ADR	Pair Corr
0.71	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.81	SNY	Sanofi ADR	Pair Corr
0.68	KRRO	Frequency Therapeutics	Pair Corr
0.81	AMGN	Amgen Inc	Pair Corr
0.7	SPRY	Silverback Therapeutics	Pair Corr
0.73	BIAF	bioAffinity Technologies,	Pair Corr
0.85	BIIB	Biogen Inc	Pair Corr
0.61	VMD	Viemed Healthcare	Pair Corr
0.81	BKRKY	Bank Rakyat	Pair Corr
0.8	PPERY	Bank Mandiri Persero	Pair Corr
0.74	PPERF	Bank Mandiri Persero	Pair Corr
0.68	PBCRY	Bank Central Asia Earnings Call This Week	Pair Corr
0.75	PTBRY	Bank Negara Indonesia Earnings Call This Week	Pair Corr
0.67	XOM	Exxon Mobil Corp Fiscal Year End 7th of February 2025	Pair Corr

Moving against CalciMedica, Stock

0.77	MBFJF	Mitsubishi UFJ Financial	Pair Corr
0.61	GILD	Gilead Sciences	Pair Corr
0.39	LH	Laboratory	Pair Corr
0.86	WMT	Walmart	Pair Corr
0.79	MZHOF	Mizuho Financial	Pair Corr
0.72	EXEEW	Expand Energy Symbol Change	Pair Corr
0.71	17298CHT8	US17298CHT80	Pair Corr
0.71	CSCO	Cisco Systems	Pair Corr
0.63	JPM	JPMorgan Chase	Pair Corr
0.61	OPFI	OppFi Inc	Pair Corr
0.61	T	ATT Inc Earnings Call This Week	Pair Corr
0.56	MSFT	Microsoft	Pair Corr
0.54	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.38	JPSTF	JAPAN POST BANK	Pair Corr

Related Correlations Analysis

	CBRL	BH	BJRI	HGMCF	DENN	SBUX	MARIF
CBRL		0.69	0.18	-0.74	-0.46	-0.36	0.45	CBRL
BH	0.69		0.06	-0.75	-0.49	-0.42	0.39	BH
BJRI	0.18	0.06		0.07	0.34	0.4	-0.04	BJRI
HGMCF	-0.74	-0.75	0.07		0.54	0.34	-0.58	HGMCF
DENN	-0.46	-0.49	0.34	0.54		0.44	-0.24	DENN
SBUX	-0.36	-0.42	0.4	0.34	0.44		0.19	SBUX
MARIF	0.45	0.39	-0.04	-0.58	-0.24	0.19		MARIF
	CBRL	BH	BJRI	HGMCF	DENN	SBUX	MARIF

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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

BH	+ 0.69	CBRL
DENN	+ 0.54	HGMCF
MARIF	+ 0.45	CBRL
SBUX	+ 0.44	DENN
SBUX	+ 0.4	BJRI
MARIF	+ 0.39	BH

High negative correlations

HGMCF	- 0.75	BH
HGMCF	- 0.74	CBRL
MARIF	- 0.58	HGMCF
DENN	- 0.49	BH
DENN	- 0.46	CBRL
SBUX	- 0.42	BH

Risk-Adjusted Indicators

There is a big difference between CalciMedica, Stock performing well and CalciMedica, Common 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 CalciMedica, Common'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
CBRL	2.70	0.40	0.14	6.14	2.61	(3.20)	5.65	(4.69)	14.00
BH	2.03	0.41	0.15	(2.74)	2.02	(2.33)	4.32	(3.72)	17.89
BJRI	1.86	0.06	0.02	0.15	2.59	(1.88)	3.99	(3.27)	13.05
HGMCF	1.03	(0.05)	0.00	(0.14)	0.00	0.00	0.00	0.00	38.00
DENN	2.58	(0.06)	0.00	(0.02)	0.00	0.00	5.17	(4.81)	22.28
SBUX	0.96	0.01	0.00	0.10	1.26	(0.99)	2.17	(1.86)	7.24
MARIF	1.60	0.25	0.08	1.18	1.69	(3.20)	4.67	(4.11)	19.22

CalciMedica, Common Corporate Executives

Elected by the shareholders, the CalciMedica, Common's board of directors comprises two types of representatives: CalciMedica, Common inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CalciMedica,. The board's role is to monitor CalciMedica, Common's management team and ensure that shareholders' interests are well served. CalciMedica, Common's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CalciMedica, Common's outside directors are responsible for providing unbiased perspectives on the board's policies.

Kenneth Stauderman	CoFounder Officer	Profile
Stefan MD	CoFounder Advisor	Profile
Patrick Hogan	CoFounder Advisor	Profile
Anjana Rao	CoFounder Advisor	Profile

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