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

0.77	EYEN	Eyenovia	Pair Corr
0.69	CLDX	Celldex Therapeutics	Pair Corr
0.68	CRNX	Crinetics Pharmaceuticals	Pair Corr
0.66	CRVS	Corvus Pharmaceuticals	Pair Corr
0.67	MODD	Modular Medical	Pair Corr
0.79	SGHT	Sight Sciences	Pair Corr
0.61	SRDX	SurModics	Pair Corr

Moving against Longeveron Stock

0.74	FNA	Paragon 28	Pair Corr
0.63	CPIX	Cumberland Pharmaceuticals	Pair Corr
0.6	OPT	Opthea	Pair Corr
0.37	CMRX	Chimerix Sell-off Trend	Pair Corr
0.73	NVRO	Nevro Corp	Pair Corr
0.59	LUCD	Lucid Diagnostics Buyout Trend	Pair Corr
0.53	INMD	InMode	Pair Corr
0.48	MASI	Masimo	Pair Corr
0.48	NYXH	Nyxoah	Pair Corr
0.41	LUNG	Pulmonx Corp	Pair Corr
0.7	TOI	Oncology Institute Earnings Call This Week	Pair Corr
0.6	TMCI	Treace Medical Concepts	Pair Corr
0.56	BRK-A	Berkshire Hathaway	Pair Corr
0.56	BRK-B	Berkshire Hathaway	Pair Corr
0.5	FWEDF	Fireweed Zinc	Pair Corr
0.39	TRGGF	Tarachi Gold Corp	Pair Corr

Related Correlations Analysis

	NTRB	QNRX	RNXT	VRAX	GBIO	KRON	ERAS	CCCC	EWTX	SRZN
NTRB		-0.81	-0.31	-0.33	-0.63	0.39	-0.72	-0.48	-0.28	-0.21	NTRB
QNRX	-0.81		0.6	0.58	0.87	0.02	0.88	0.75	0.32	0.26	QNRX
RNXT	-0.31	0.6		0.61	0.78	0.45	0.64	0.83	0.38	0.22	RNXT
VRAX	-0.33	0.58	0.61		0.58	0.36	0.55	0.61	-0.04	0.39	VRAX
GBIO	-0.63	0.87	0.78	0.58		0.22	0.94	0.92	0.57	0.19	GBIO
KRON	0.39	0.02	0.45	0.36	0.22		0.05	0.42	0.06	-0.03	KRON
ERAS	-0.72	0.88	0.64	0.55	0.94	0.05		0.81	0.49	0.27	ERAS
CCCC	-0.48	0.75	0.83	0.61	0.92	0.42	0.81		0.53	0.05	CCCC
EWTX	-0.28	0.32	0.38	-0.04	0.57	0.06	0.49	0.53		-0.13	EWTX
SRZN	-0.21	0.26	0.22	0.39	0.19	-0.03	0.27	0.05	-0.13		SRZN
	NTRB	QNRX	RNXT	VRAX	GBIO	KRON	ERAS	CCCC	EWTX	SRZN

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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

ERAS	+ 0.94	GBIO
CCCC	+ 0.92	GBIO
ERAS	+ 0.88	QNRX
GBIO	+ 0.87	QNRX
CCCC	+ 0.83	RNXT
CCCC	+ 0.81	ERAS

High negative correlations

QNRX	- 0.81	NTRB
ERAS	- 0.72	NTRB
GBIO	- 0.63	NTRB
CCCC	- 0.48	NTRB
VRAX	- 0.33	NTRB
RNXT	- 0.31	NTRB

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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
NTRB	6.13	1.24	0.21	0.71	5.19	(7.62)	17.09	(8.63)	54.72
QNRX	5.50	(1.14)	0.00	2.46	0.00	0.00	14.29	(10.53)	57.78
RNXT	3.37	(0.40)	0.00	(0.70)	0.00	0.00	6.92	(8.04)	30.92
VRAX	6.21	(0.21)	0.00	0.07	0.00	0.00	16.67	(11.98)	59.66
GBIO	3.82	(1.07)	0.00	(0.84)	0.00	0.00	7.41	(7.89)	22.69
KRON	1.70	(0.13)	0.00	(0.28)	0.00	0.00	3.19	(3.16)	12.10
ERAS	3.28	(0.76)	0.00	(0.60)	0.00	0.00	7.57	(8.74)	21.39
CCCC	3.42	(0.91)	0.00	(0.42)	0.00	0.00	6.86	(8.28)	19.46
EWTX	2.97	(0.11)	0.00	(0.15)	0.00	0.00	5.32	(7.61)	26.44
SRZN	4.59	0.69	0.10	0.18	5.20	(5.05)	9.44	(9.00)	37.14

Longeveron LLC Corporate Management

Brian Rash	VP Discovery	Profile
Heather Zhou	VP Controller	Profile
Tavara CPA	VP Controller	Profile
KwanHong MD	Chief CEO	Profile
James CPA	CFO Treasurer	Profile
Paul JD	General Secretary	Profile

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