Geron Correlations

GERN Stock

USD 1.64 0.03 1.80%

A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Geron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Geron moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Geron Correlation With Market

Good diversification

The correlation between Geron and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Geron and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Geron. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Geron Stock, please use our How to Invest in Geron guide.

Moving together with Geron Stock

0.61	ME	23Andme Holding	Pair Corr
0.86	VANI	Vivani Medical Earnings Call This Week	Pair Corr
0.77	DNLI	Denali Therapeutics	Pair Corr
0.78	VCEL	Vericel Corp Ord	Pair Corr
0.8	VCYT	Veracyte	Pair Corr
0.89	VERA	Vera Therapeutics	Pair Corr
0.61	CDIOW	Cardio Diagnostics	Pair Corr
0.81	VINC	Vincerx Pharma	Pair Corr
0.71	VRDN	Viridian Therapeutics	Pair Corr
0.89	VRPX	Virpax Pharmaceuticals	Pair Corr
0.92	VTRS	Viatris	Pair Corr

Moving against Geron Stock

0.68	DVAX	Dynavax Technologies	Pair Corr
0.59	VALN	Valneva SE ADR Earnings Call Tomorrow	Pair Corr
0.53	VIGL	Vigil Neuroscience	Pair Corr
0.52	DTIL	Precision BioSciences	Pair Corr
0.41	DMAC	DiaMedica Therapeutics Earnings Call Today	Pair Corr
0.73	VRTX	Vertex Pharmaceuticals	Pair Corr
0.62	EDSA	Edesa Biotech	Pair Corr
0.59	EDIT	Editas Medicine	Pair Corr
0.55	VRNA	Verona Pharma PLC Downward Rally	Pair Corr
0.46	VSTM	Verastem	Pair Corr
0.42	CDTTW	Conduit Pharmaceuticals	Pair Corr
0.36	VTVT	vTv Therapeutics	Pair Corr
0.34	VNDA	Vanda Pharmaceuticals	Pair Corr
0.34	KTTAW	Pasithea Therapeutics	Pair Corr

Related Correlations Analysis

	VKTX	TGTX	XFOR	PDSB	MDGL	ZURA	ENVB	EFTR	IMMX
VKTX		-0.2	0.67	0.89	-0.43	0.94	0.77	0.0	0.83	VKTX
TGTX	-0.2		-0.37	-0.22	0.22	-0.3	-0.42	0.0	-0.42	TGTX
XFOR	0.67	-0.37		0.68	-0.27	0.79	0.6	0.0	0.74	XFOR
PDSB	0.89	-0.22	0.68		-0.3	0.88	0.62	0.0	0.81	PDSB
MDGL	-0.43	0.22	-0.27	-0.3		-0.48	-0.59	0.0	-0.38	MDGL
ZURA	0.94	-0.3	0.79	0.88	-0.48		0.81	0.0	0.91	ZURA
ENVB	0.77	-0.42	0.6	0.62	-0.59	0.81		0.0	0.74	ENVB
EFTR	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	EFTR
IMMX	0.83	-0.42	0.74	0.81	-0.38	0.91	0.74	0.0		IMMX
	VKTX	TGTX	XFOR	PDSB	MDGL	ZURA	ENVB	EFTR	IMMX

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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

ZURA	+ 0.94	VKTX
IMMX	+ 0.91	ZURA
PDSB	+ 0.89	VKTX
ZURA	+ 0.88	PDSB
IMMX	+ 0.83	VKTX
IMMX	+ 0.81	PDSB

High negative correlations

ENVB	- 0.59	MDGL
ZURA	- 0.48	MDGL
MDGL	- 0.43	VKTX
IMMX	- 0.42	TGTX
ENVB	- 0.42	TGTX
IMMX	- 0.38	MDGL

Risk-Adjusted Indicators

There is a big difference between Geron Stock performing well and Geron 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 Geron'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
VKTX	3.65	(0.55)	0.00	(0.92)	0.00	0.00	8.39	(10.98)	24.65
TGTX	2.93	0.40	0.15	0.79	2.87	(3.80)	7.64	(4.98)	18.67
XFOR	7.75	0.41	0.06	2.66	7.76	(11.53)	26.42	(14.29)	68.45
PDSB	4.47	(0.61)	0.00	(0.96)	0.00	0.00	9.21	(9.22)	33.91
MDGL	3.00	0.33	0.07	0.17	3.98	(3.04)	7.64	(5.66)	23.14
ZURA	4.77	(0.78)	0.00	(0.44)	0.00	0.00	9.79	(11.55)	29.06
ENVB	7.11	(0.48)	0.00	(0.46)	0.00	0.00	12.04	(13.87)	113.38
EFTR	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IMMX	3.48	(0.54)	0.00	(13.50)	0.00	0.00	6.77	(8.19)	26.42

Geron Corporate Management

Andrew Grethlein	Executive VP of Devel. and Technical Operations	Profile
Faye MD	Executive Officer	Profile
Stephen JD	Chief VP	Profile
Aron Feingold	Vice Communications	Profile

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