KTRA Old Correlations

Summary

KTRADelisted Stock

USD 6.30 0.14 2.17%

The current 90-days correlation between KTRA Old and Kineta Inc is 0.09 (i.e., Significant diversification). The correlation of KTRA Old 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.

KTRA Old Correlation With Market

Average diversification

The correlation between KTRA Old and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding KTRA Old and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios. 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.

Moving against KTRA Stock

0.59	DIS	Walt Disney	Pair Corr
0.55	JPM	JPMorgan Chase Earnings Call This Week	Pair Corr
0.55	BAC	Bank of America Earnings Call This Week	Pair Corr
0.53	WMT	Walmart Aggressive Push	Pair Corr
0.49	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.47	PG	Procter Gamble	Pair Corr
0.43	SLF	Sun Life Financial	Pair Corr
0.35	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.35	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr

Related Correlations Analysis

	FRTX	SABS	TOVX	LSTA	DYAI	FBRX	DMAC	KA	LBPH	LUMO
FRTX		0.36	-0.26	0.16	0.75	0.82	0.82	-0.13	0.73	0.68	FRTX
SABS	0.36		0.03	0.08	0.44	0.49	0.51	0.01	0.47	0.42	SABS
TOVX	-0.26	0.03		0.44	-0.4	-0.41	-0.3	-0.09	-0.49	-0.46	TOVX
LSTA	0.16	0.08	0.44		0.16	0.06	0.16	-0.53	0.0	0.0	LSTA
DYAI	0.75	0.44	-0.4	0.16		0.9	0.79	-0.22	0.88	0.86	DYAI
FBRX	0.82	0.49	-0.41	0.06	0.9		0.89	-0.07	0.89	0.85	FBRX
DMAC	0.82	0.51	-0.3	0.16	0.79	0.89		0.0	0.72	0.67	DMAC
KA	-0.13	0.01	-0.09	-0.53	-0.22	-0.07	0.0		-0.2	-0.28	KA
LBPH	0.73	0.47	-0.49	0.0	0.88	0.89	0.72	-0.2		0.91	LBPH
LUMO	0.68	0.42	-0.46	0.0	0.86	0.85	0.67	-0.28	0.91		LUMO
	FRTX	SABS	TOVX	LSTA	DYAI	FBRX	DMAC	KA	LBPH	LUMO

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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

LUMO	+ 0.91	LBPH
FBRX	+ 0.9	DYAI
DMAC	+ 0.89	FBRX
LBPH	+ 0.89	FBRX
LBPH	+ 0.88	DYAI
LUMO	+ 0.86	DYAI

High negative correlations

KA	- 0.53	LSTA
LBPH	- 0.49	TOVX
LUMO	- 0.46	TOVX
FBRX	- 0.41	TOVX
DYAI	- 0.4	TOVX
DMAC	- 0.3	TOVX

Risk-Adjusted Indicators

There is a big difference between KTRA Stock performing well and KTRA Old 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 KTRA Old'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
FRTX	4.93	0.65	0.09	(0.58)	5.64	(6.46)	7.84	(11.11)	49.60
SABS	6.48	1.09	0.15	(4.01)	6.64	(7.73)	19.02	(11.25)	65.66
TOVX	5.26	0.14	0.02	(0.24)	6.04	(7.08)	14.04	(9.26)	59.42
LSTA	2.62	0.43	0.13	4.86	2.57	(3.32)	7.84	(4.56)	23.44
DYAI	5.08	1.04	0.20	0.45	4.59	(6.47)	12.08	(9.15)	45.05
FBRX	7.00	2.86	0.50	0.71	4.55	(9.13)	14.10	(7.77)	146.60
DMAC	3.37	0.47	0.12	2.16	3.62	(4.05)	8.64	(4.88)	47.69
KA	5.10	(0.30)	0.00	(0.09)	0.00	0.00	10.45	(10.00)	41.46
LBPH	3.24	1.00	0.24	(1.63)	2.54	(3.36)	11.28	(5.74)	52.03
LUMO	2.14	0.34	0.11	0.66	2.38	(2.54)	5.95	(5.19)	16.25

Delisting Warning - KTRA

KTRA Old was delisted

The entity KTRA Old with a symbol KTRA was delisted from NASDAQ Exchange. Please try TuHURA Biosciences with a symbol HURA from now on. Check all delisted instruments accross multiple markets.

KTRA Old Corporate Management

BSc CPA	CFO Sec	Profile
BBA CPA	CEO Pres	Profile
BSc MA	CoFounder Officer	Profile
Greg Johnson	Acting Operations	Profile

Still Interested in KTRA Old?

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.

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