Genetron Holdings Correlations
| GTHDelisted Stock | USD 0.94 0.02 2.08% |
The current 90-days correlation between Genetron Holdings and Sera Prognostics is -0.1 (i.e., Good diversification). The correlation of Genetron Holdings 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.
Genetron Holdings Correlation With Market
Good diversification
The correlation between Genetron Holdings and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Genetron Holdings and DJI in the same portfolio, assuming nothing else is changed.
Genetron |
Moving against Genetron Stock
| 0.58 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.55 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.49 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.48 | XOM | Exxon Mobil Corp Sell-off Trend | PairCorr |
| 0.45 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.37 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
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Risk-Adjusted Indicators
There is a big difference between Genetron Stock performing well and Genetron Holdings 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 Genetron Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PMD | 0.46 | 0.02 | (0.11) | 0.33 | 0.51 | 0.87 | 3.46 | |||
| SERA | 3.84 | (0.36) | 0.00 | (0.01) | 0.00 | 9.55 | 27.67 | |||
| OLK | 0.63 | 0.13 | 0.07 | 0.50 | 0.48 | 1.58 | 4.37 | |||
| DRIO | 4.00 | (0.35) | 0.00 | (0.07) | 0.00 | 8.99 | 27.55 | |||
| BDSX | 2.60 | (0.29) | 0.00 | 4.26 | 0.00 | 5.95 | 29.48 | |||
| ACRS | 5.39 | 2.26 | 0.39 | (4.53) | 3.62 | 15.47 | 66.90 | |||
| CSTL | 2.38 | (0.05) | (0.01) | 0.08 | 2.76 | 4.85 | 19.49 | |||
| PRE | 4.08 | 0.22 | (0.02) | (0.02) | 4.36 | 9.93 | 28.16 | |||
| FONR | 1.49 | (0.15) | 0.00 | (0.10) | 0.00 | 2.15 | 10.60 | |||
| XGN | 3.75 | 0.37 | 0.10 | 0.48 | 3.42 | 9.62 | 25.65 |
Genetron Holdings Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Genetron Holdings stock to make a market-neutral strategy. Peer analysis of Genetron Holdings could also be used in its relative valuation, which is a method of valuing Genetron Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Genetron Holdings Corporate Management
| Sizhen Wang | CEO CoFounder | Profile | |
| Ce Xu | Chief Officer | Profile | |
| Hai Yan | Chief CoFounder | Profile | |
| Lily Liu | Chief Officer | Profile | |
| YunFu Hu | Chief Officer | Profile | |
| Yuchen MD | Chief Officer | Profile |
Still Interested in Genetron Holdings?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.