CryoCell International Correlations

CCEL Stock

USD 6.37 0.21 3.19%

The current 90-days correlation between CryoCell International and Oncology Institute is 0.16 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CryoCell International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CryoCell International moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

CryoCell International Correlation With Market

Modest diversification

The correlation between CryoCell International and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CryoCell International 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 CryoCell International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more information on how to buy CryoCell Stock please use our How to buy in CryoCell Stock guide.

Moving together with CryoCell Stock

0.64	XAIR	Beyond Air	Pair Corr
0.77	INFU	InfuSystems Holdings	Pair Corr
0.64	LIVN	LivaNova PLC	Pair Corr
0.76	NVST	Envista Holdings Corp	Pair Corr
0.66	OFIX	Orthofix Medical	Pair Corr
0.72	CLPT	Clearpoint Neuro	Pair Corr

Moving against CryoCell Stock

0.37	KIDS	Orthopediatrics Corp	Pair Corr
0.75	MNDR	Mobile health Network	Pair Corr
0.66	OCX	OncoCyte Corp	Pair Corr
0.53	BMY	Bristol Myers Squibb Sell-off Trend	Pair Corr
0.47	GSK	GlaxoSmithKline PLC ADR	Pair Corr
0.44	SNY	Sanofi ADR	Pair Corr
0.42	NVS	Novartis AG ADR	Pair Corr
0.33	GILD	Gilead Sciences Sell-off Trend	Pair Corr

Related Correlations Analysis

	NHC	INNV	PNTG	EHC	AIH	AIRS	AVAH	TOI	BKD	SGRY
NHC		0.77	0.71	-0.34	0.0	0.68	0.06	-0.61	-0.52	-0.41	NHC
INNV	0.77		0.62	-0.56	0.0	0.52	0.0	-0.71	-0.48	-0.6	INNV
PNTG	0.71	0.62		-0.22	0.0	0.77	0.32	-0.29	-0.73	-0.32	PNTG
EHC	-0.34	-0.56	-0.22		0.0	-0.22	0.05	0.79	0.3	0.83	EHC
AIH	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	AIH
AIRS	0.68	0.52	0.77	-0.22	0.0		-0.09	-0.36	-0.75	-0.26	AIRS
AVAH	0.06	0.0	0.32	0.05	0.0	-0.09		0.26	0.04	0.08	AVAH
TOI	-0.61	-0.71	-0.29	0.79	0.0	-0.36	0.26		0.24	0.84	TOI
BKD	-0.52	-0.48	-0.73	0.3	0.0	-0.75	0.04	0.24		0.23	BKD
SGRY	-0.41	-0.6	-0.32	0.83	0.0	-0.26	0.08	0.84	0.23		SGRY
	NHC	INNV	PNTG	EHC	AIH	AIRS	AVAH	TOI	BKD	SGRY

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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

SGRY	+ 0.84	TOI
SGRY	+ 0.83	EHC
TOI	+ 0.79	EHC
INNV	+ 0.77	NHC
AIRS	+ 0.77	PNTG
PNTG	+ 0.71	NHC

High negative correlations

BKD	- 0.75	AIRS
BKD	- 0.73	PNTG
TOI	- 0.71	INNV
TOI	- 0.61	NHC
SGRY	- 0.6	INNV
EHC	- 0.56	INNV

Risk-Adjusted Indicators

There is a big difference between CryoCell Stock performing well and CryoCell International 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 CryoCell International'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
NHC	1.32	(0.40)	0.00	(0.69)	0.00	0.00	2.19	(3.51)	7.80
INNV	2.59	(0.42)	0.00	(0.51)	0.00	0.00	5.44	(7.11)	27.64
PNTG	2.02	(0.25)	0.00	(0.47)	0.00	0.00	3.67	(3.99)	15.62
EHC	1.11	0.06	0.05	0.05	1.38	(1.15)	2.15	(2.36)	6.49
AIH	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AIRS	4.27	(0.97)	0.00	(0.89)	0.00	0.00	7.93	(11.45)	27.83
AVAH	3.37	0.36	0.09	0.26	3.60	(4.03)	6.17	(5.40)	40.55
TOI	7.85	3.35	0.46	0.97	5.05	(11.78)	21.95	(7.87)	38.02
BKD	1.90	0.27	0.11	0.23	2.06	(2.14)	4.83	(3.49)	12.23
SGRY	1.74	0.25	0.14	0.28	1.71	(2.44)	3.39	(2.64)	23.37

CryoCell International Corporate Executives

Elected by the shareholders, the CryoCell International's board of directors comprises two types of representatives: CryoCell International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CryoCell. The board's role is to monitor CryoCell International's management team and ensure that shareholders' interests are well served. CryoCell International'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, CryoCell International's outside directors are responsible for providing unbiased perspectives on the board's policies.

Jill Taymans

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