CAMP4 THERAPEUTICS Correlations

CAMP Stock

USD 4.76 0.39 7.57%

The correlation of CAMP4 THERAPEUTICS 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.

CAMP4 THERAPEUTICS Correlation With Market

Weak diversification

The correlation between CAMP4 THERAPEUTICS PORATION and DJI is 0.33 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CAMP4 THERAPEUTICS PORATION 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 CAMP4 THERAPEUTICS PORATION. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Moving against CAMP4 Stock

0.4	CYCCP	Cyclacel Pharmaceuticals	Pair Corr
0.4	XOMAO	XOMA	Pair Corr
0.37	CEROW	CERo Therapeutics	Pair Corr
0.32	ABPWW	Abpro Holdings Symbol Change	Pair Corr
0.38	TVGNW	Tevogen Bio Holdings	Pair Corr
0.36	ACOG	Alpha Cognition Common	Pair Corr
0.34	ACHL	Achilles Therapeutics PLC	Pair Corr
0.33	NKGNW	NKGen Biotech, Warrants	Pair Corr

Related Correlations Analysis

	DZSI	HLIT	COMM	NTGR	CMTL	MYNA	KN	ITRN	AVNW	FEIM
DZSI		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	DZSI
HLIT	0.0		0.11	0.37	0.87	0.76	0.84	-0.8	-0.61	0.76	HLIT
COMM	0.0	0.11		-0.02	0.02	0.07	-0.09	0.19	-0.11	0.14	COMM
NTGR	0.0	0.37	-0.02		0.41	0.46	0.68	-0.45	0.22	0.72	NTGR
CMTL	0.0	0.87	0.02	0.41		0.83	0.73	-0.72	-0.49	0.75	CMTL
MYNA	0.0	0.76	0.07	0.46	0.83		0.6	-0.65	-0.35	0.7	MYNA
KN	0.0	0.84	-0.09	0.68	0.73	0.6		-0.77	-0.33	0.82	KN
ITRN	0.0	-0.8	0.19	-0.45	-0.72	-0.65	-0.77		0.56	-0.72	ITRN
AVNW	0.0	-0.61	-0.11	0.22	-0.49	-0.35	-0.33	0.56		-0.32	AVNW
FEIM	0.0	0.76	0.14	0.72	0.75	0.7	0.82	-0.72	-0.32		FEIM
	DZSI	HLIT	COMM	NTGR	CMTL	MYNA	KN	ITRN	AVNW	FEIM

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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

CMTL	+ 0.87	HLIT
KN	+ 0.84	HLIT
MYNA	+ 0.83	CMTL
FEIM	+ 0.82	KN
MYNA	+ 0.76	HLIT
FEIM	+ 0.76	HLIT

High negative correlations

ITRN	- 0.8	HLIT
ITRN	- 0.77	KN
FEIM	- 0.72	ITRN
ITRN	- 0.72	CMTL
ITRN	- 0.65	MYNA
AVNW	- 0.61	HLIT

Risk-Adjusted Indicators

There is a big difference between CAMP4 Stock performing well and CAMP4 THERAPEUTICS 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 CAMP4 THERAPEUTICS'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
DZSI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HLIT	1.74	(0.37)	0.00	(0.52)	0.00	0.00	3.51	(3.39)	18.88
COMM	3.45	0.19	0.04	0.11	4.38	(3.87)	6.70	(7.01)	38.42
NTGR	2.28	(0.03)	0.00	(0.02)	0.00	0.00	4.49	(5.11)	12.12
CMTL	6.10	(0.36)	0.00	0.28	0.00	0.00	18.18	(9.39)	65.93
MYNA	12.78	(0.91)	0.00	(0.55)	0.00	0.00	36.96	(31.58)	167.72
KN	1.18	(0.31)	0.00	(0.30)	0.00	0.00	1.86	(2.70)	6.22
ITRN	1.92	0.40	0.20	0.54	1.71	(2.44)	4.03	(3.58)	21.39
AVNW	2.54	0.26	0.10	0.17	2.59	(3.07)	5.24	(4.90)	34.98
FEIM	2.19	(0.14)	0.00	(0.08)	0.00	0.00	4.39	(4.12)	18.93

CAMP4 THERAPEUTICS Corporate Management

Kelly Gold	Chief Officer	Profile
John Partain	Interim Experience	Profile
Erik Schulz	Interim Officer	Profile
Christian Horne	Interim Sales	Profile
Brett Jackson	Senior Logistics	Profile
Mark Gaydos	Chief Officer	Profile

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