Kamada Correlations
KMDA Stock | USD 6.80 0.38 5.29% |
The current 90-days correlation between Kamada and Lifecore Biomedical is -0.05 (i.e., Good diversification). The correlation of Kamada 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.
Kamada Correlation With Market
Average diversification
The correlation between Kamada and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kamada and DJI in the same portfolio, assuming nothing else is changed.
Kamada |
Moving together with Kamada Stock
0.62 | EQ | Equillium | PairCorr |
0.62 | DMAC | DiaMedica Therapeutics | PairCorr |
0.73 | VALN | Valneva SE ADR Earnings Call Today | PairCorr |
0.67 | VIGL | Vigil Neuroscience | PairCorr |
0.71 | VRNA | Verona Pharma PLC Buyout Trend | PairCorr |
Moving against Kamada Stock
0.85 | DSGN | Design Therapeutics | PairCorr |
0.74 | VKTX | Viking Therapeutics | PairCorr |
0.72 | VERA | Vera Therapeutics | PairCorr |
0.69 | VINC | Vincerx Pharma | PairCorr |
0.49 | DRRX | Durect Earnings Call This Week | PairCorr |
0.48 | VANI | Vivani Medical Earnings Call This Week | PairCorr |
0.38 | ME | 23Andme Holding | PairCorr |
0.37 | CDIOW | Cardio Diagnostics | PairCorr |
0.66 | VTYX | Ventyx Biosciences | PairCorr |
0.66 | VYGR | Voyager Therapeutics | PairCorr |
0.63 | VTRS | Viatris | PairCorr |
0.54 | VRDN | Viridian Therapeutics | PairCorr |
0.51 | ELAN | Elanco Animal Health | PairCorr |
0.42 | VRPX | Virpax Pharmaceuticals | PairCorr |
0.4 | DYAI | Dyadic International | PairCorr |
0.34 | VRCA | Verrica Pharmaceuticals | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Kamada Stock performing well and Kamada 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 Kamada'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
LFCR | 2.91 | (0.03) | 0.00 | (0.17) | 0.00 | 6.59 | 28.39 | |||
SHPH | 4.50 | (0.85) | 0.00 | (1.49) | 0.00 | 11.36 | 25.23 | |||
CPIX | 9.53 | 3.52 | 0.47 | 2.22 | 6.04 | 28.42 | 118.44 | |||
IRWD | 4.08 | (0.84) | 0.00 | (0.67) | 0.00 | 6.21 | 54.21 | |||
MNK | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
ORGO | 5.14 | 1.61 | 0.25 | 0.21 | 4.00 | 6.74 | 115.16 | |||
LSDI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
ALIM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
AGRX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
GHSI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Kamada Corporate Management
LLB BA | General VP | Profile | |
Boris Gorelik | Vice Programs | Profile | |
Liron Reshef | Vice Resources | Profile | |
Chaime Orlev | Chief Officer | Profile | |
Yifat Esq | Gen Legal | Profile | |
Amir London | Chief Officer | Profile |