Cullinan Oncology Correlations

CGEM Stock

USD 8.54 0.02 0.23%

The current 90-days correlation between Cullinan Oncology LLC and Day One Biopharmaceuticals is 0.38 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cullinan Oncology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cullinan Oncology LLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Cullinan Oncology Correlation With Market

Average diversification

The correlation between Cullinan Oncology LLC and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cullinan Oncology LLC 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 Cullinan Oncology LLC. 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.

Moving together with Cullinan Stock

0.77	CDIOW	Cardio Diagnostics	Pair Corr
0.81	ELVN	Enliven Therapeutics	Pair Corr
0.83	SCLX	Scilex Holding	Pair Corr
0.87	ASMB	Assembly Biosciences Earnings Call This Week	Pair Corr
0.79	CDIO	Cardio Diagnostics	Pair Corr
0.68	CMND	Clearmind Medicine Common	Pair Corr
0.88	CRNX	Crinetics Pharmaceuticals	Pair Corr
0.79	MSFT	Microsoft Aggressive Push	Pair Corr

Moving against Cullinan Stock

0.89	WM	Waste Management	Pair Corr
0.85	LUCD	Lucid Diagnostics	Pair Corr
0.73	GE	GE Aerospace	Pair Corr
0.58	PLX	Protalix Biotherapeutics	Pair Corr
0.5	PG	Procter Gamble	Pair Corr
0.91	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.87	T	ATT Inc Sell-off Trend	Pair Corr
0.75	MMM	3M Company	Pair Corr
0.74	CVX	Chevron Corp	Pair Corr
0.73	IBM	International Business	Pair Corr
0.71	CSCO	Cisco Systems	Pair Corr
0.62	XOM	Exxon Mobil Corp Earnings Call Next Week	Pair Corr
0.57	INTC	Intel Sell-off Trend	Pair Corr
0.43	DD	Dupont De Nemours	Pair Corr

Related Correlations Analysis

	BOLT	DAWN	LYRA	AUTL	SANA	OLMA	LIFE	ZNTL	IPSC	EWTX
BOLT		0.79	0.56	0.81	-0.1	0.64	0.0	0.76	0.84	0.26	BOLT
DAWN	0.79		0.32	0.68	0.02	0.85	0.0	0.61	0.77	0.48	DAWN
LYRA	0.56	0.32		0.22	0.02	-0.02	0.0	0.31	0.19	-0.27	LYRA
AUTL	0.81	0.68	0.22		-0.18	0.72	0.0	0.73	0.9	0.5	AUTL
SANA	-0.1	0.02	0.02	-0.18		-0.06	0.0	-0.47	-0.29	-0.27	SANA
OLMA	0.64	0.85	-0.02	0.72	-0.06		0.0	0.53	0.78	0.72	OLMA
LIFE	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	LIFE
ZNTL	0.76	0.61	0.31	0.73	-0.47	0.53	0.0		0.88	0.41	ZNTL
IPSC	0.84	0.77	0.19	0.9	-0.29	0.78	0.0	0.88		0.56	IPSC
EWTX	0.26	0.48	-0.27	0.5	-0.27	0.72	0.0	0.41	0.56		EWTX
	BOLT	DAWN	LYRA	AUTL	SANA	OLMA	LIFE	ZNTL	IPSC	EWTX

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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

IPSC	+ 0.9	AUTL
IPSC	+ 0.88	ZNTL
OLMA	+ 0.85	DAWN
IPSC	+ 0.84	BOLT
AUTL	+ 0.81	BOLT
DAWN	+ 0.79	BOLT

High negative correlations

ZNTL	- 0.47	SANA
IPSC	- 0.29	SANA
EWTX	- 0.27	SANA
EWTX	- 0.27	LYRA
SANA	- 0.18	AUTL
SANA	- 0.1	BOLT

Risk-Adjusted Indicators

There is a big difference between Cullinan Stock performing well and Cullinan Oncology 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 Cullinan Oncology'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
BOLT	2.62	(0.22)	0.00	(1.21)	0.00	0.00	5.08	(6.45)	17.46
DAWN	2.87	(0.52)	0.00	(0.64)	0.00	0.00	6.36	(6.67)	22.86
LYRA	2.89	0.10	0.02	0.29	3.32	(6.04)	5.88	(5.56)	25.31
AUTL	3.20	(0.46)	0.00	(0.93)	0.00	0.00	6.33	(4.80)	25.97
SANA	7.56	1.66	0.22	0.58	6.10	(10.29)	10.15	(11.52)	178.30
OLMA	3.70	(0.45)	0.00	(0.26)	0.00	0.00	7.20	(8.78)	22.08
LIFE	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ZNTL	4.81	(0.34)	0.00	(0.21)	0.00	0.00	8.00	(11.11)	42.40
IPSC	2.92	(1.00)	0.00	(0.69)	0.00	0.00	5.88	(7.48)	17.02
EWTX	2.92	(0.07)	0.00	(0.12)	0.00	0.00	5.32	(7.61)	26.44

Cullinan Oncology Corporate Management

Jennifer Michaelson	Chief Officer	Profile
Kerry Whalen	Director Devel	Profile
Jeffrey Trigilio	CFO Treasurer	Profile
Mary Fenton	Chief Officer	Profile
Jacquelyn JD	Chief Officer	Profile
MBA MD	Chief Officer	Profile

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