Longeveron LLC Correlations

LGVN Stock  USD 1.76  0.05  2.92%   
The current 90-days correlation between Longeveron LLC and Nutriband is 0.08 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Longeveron LLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Longeveron LLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Longeveron LLC Correlation With Market

Modest diversification

The correlation between Longeveron LLC and DJI is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Longeveron LLC and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Longeveron 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 real.
To learn how to invest in Longeveron Stock, please use our How to Invest in Longeveron LLC guide.

Moving together with Longeveron Stock

  0.77EYEN EyenoviaPairCorr
  0.69CLDX Celldex TherapeuticsPairCorr
  0.68CRNX Crinetics PharmaceuticalsPairCorr
  0.66CRVS Corvus PharmaceuticalsPairCorr
  0.67MODD Modular MedicalPairCorr
  0.79SGHT Sight SciencesPairCorr
  0.61SRDX SurModicsPairCorr

Moving against Longeveron Stock

  0.74FNA Paragon 28PairCorr
  0.63CPIX Cumberland PharmaceuticalsPairCorr
  0.6OPT OptheaPairCorr
  0.37CMRX Chimerix Sell-off TrendPairCorr
  0.73NVRO Nevro CorpPairCorr
  0.59LUCD Lucid Diagnostics Buyout TrendPairCorr
  0.53INMD InModePairCorr
  0.48MASI MasimoPairCorr
  0.48NYXH NyxoahPairCorr
  0.41LUNG Pulmonx CorpPairCorr
  0.7TOI Oncology Institute Earnings Call This WeekPairCorr
  0.6TMCI Treace Medical ConceptsPairCorr
  0.56BRK-A Berkshire HathawayPairCorr
  0.56BRK-B Berkshire HathawayPairCorr
  0.5FWEDF Fireweed ZincPairCorr
  0.39TRGGF Tarachi Gold CorpPairCorr

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   
ERASGBIO
CCCCGBIO
ERASQNRX
GBIOQNRX
CCCCRNXT
CCCCERAS
  
High negative correlations   
QNRXNTRB
ERASNTRB
GBIONTRB
CCCCNTRB
VRAXNTRB
RNXTNTRB

Risk-Adjusted Indicators

There is a big difference between Longeveron Stock performing well and Longeveron LLC 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 Longeveron LLC'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
NTRB  6.13  1.24  0.21  0.71  5.19 
 17.09 
 54.72 
QNRX  5.50 (1.14) 0.00  2.46  0.00 
 14.29 
 57.78 
RNXT  3.37 (0.40) 0.00 (0.70) 0.00 
 6.92 
 30.92 
VRAX  6.21 (0.21) 0.00  0.07  0.00 
 16.67 
 59.66 
GBIO  3.82 (1.07) 0.00 (0.84) 0.00 
 7.41 
 22.69 
KRON  1.70 (0.13) 0.00 (0.28) 0.00 
 3.19 
 12.10 
ERAS  3.28 (0.76) 0.00 (0.60) 0.00 
 7.57 
 21.39 
CCCC  3.42 (0.91) 0.00 (0.42) 0.00 
 6.86 
 19.46 
EWTX  2.97 (0.11) 0.00 (0.15) 0.00 
 5.32 
 26.44 
SRZN  4.59  0.69  0.10  0.18  5.20 
 9.44 
 37.14 

Longeveron LLC Corporate Management

Brian RashVP DiscoveryProfile
Heather ZhouVP ControllerProfile
Tavara CPAVP ControllerProfile
KwanHong MDChief CEOProfile
James CPACFO TreasurerProfile
Paul JDGeneral SecretaryProfile