Lipocine Correlations

LPCN Stock

USD 3.15 0.02 0.64%

The current 90-days correlation between Lipocine and Mustang Bio is 0.06 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lipocine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lipocine moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Lipocine Correlation With Market

Average diversification

The correlation between Lipocine and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lipocine 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 Lipocine. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Lipocine Stock, please use our How to Invest in Lipocine guide.

Moving together with Lipocine Stock

0.65	EXAS	EXACT Sciences	Pair Corr
0.89	ILMN	Illumina	Pair Corr
0.74	INZY	Inozyme Pharma	Pair Corr
0.68	ABOS	Acumen Pharmaceuticals	Pair Corr
0.63	ADTX	Aditxt Inc	Pair Corr
0.75	TERN	Terns Pharmaceuticals	Pair Corr

Moving against Lipocine Stock

0.74	OPT	Opthea Earnings Call Tomorrow	Pair Corr
0.63	VERV	Verve Therapeutics	Pair Corr
0.6	GANX	Gain Therapeutics	Pair Corr
0.56	LTRN	Lantern Pharma	Pair Corr
0.46	FENC	Fennec Pharmaceuticals	Pair Corr
0.38	CUE	Cue Biopharma	Pair Corr
0.76	PHGE	Biomx Inc	Pair Corr
0.5	DBVT	DBV Technologies Earnings Call Next Week	Pair Corr
0.47	CPRX	Catalyst Pharmaceuticals Earnings Call Tomorrow	Pair Corr
0.43	BEAM	Beam Therapeutics	Pair Corr

Related Correlations Analysis

	SGTX	RVPH	ZVSA	KRBP	UNCY	CKPT	MBIO	FBIOP	KOD	ARDX
SGTX		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	SGTX
RVPH	0.0		0.23	0.0	0.38	-0.24	-0.2	0.66	0.31	0.12	RVPH
ZVSA	0.0	0.23		0.0	-0.34	-0.73	-0.49	0.28	-0.13	0.08	ZVSA
KRBP	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	KRBP
UNCY	0.0	0.38	-0.34	0.0		0.39	0.42	0.56	0.79	-0.1	UNCY
CKPT	0.0	-0.24	-0.73	0.0	0.39		0.53	-0.19	0.2	0.01	CKPT
MBIO	0.0	-0.2	-0.49	0.0	0.42	0.53		-0.21	0.55	-0.4	MBIO
FBIOP	0.0	0.66	0.28	0.0	0.56	-0.19	-0.21		0.5	0.05	FBIOP
KOD	0.0	0.31	-0.13	0.0	0.79	0.2	0.55	0.5		-0.44	KOD
ARDX	0.0	0.12	0.08	0.0	-0.1	0.01	-0.4	0.05	-0.44		ARDX
	SGTX	RVPH	ZVSA	KRBP	UNCY	CKPT	MBIO	FBIOP	KOD	ARDX

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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

KOD	+ 0.79	UNCY
FBIOP	+ 0.66	RVPH
FBIOP	+ 0.56	UNCY
KOD	+ 0.55	MBIO
MBIO	+ 0.53	CKPT
KOD	+ 0.5	FBIOP

High negative correlations

CKPT	- 0.73	ZVSA
MBIO	- 0.49	ZVSA
ARDX	- 0.44	KOD
ARDX	- 0.4	MBIO
UNCY	- 0.34	ZVSA
CKPT	- 0.24	RVPH

Risk-Adjusted Indicators

There is a big difference between Lipocine Stock performing well and Lipocine 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 Lipocine'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
SGTX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
RVPH	6.12	0.85	0.09	0.30	8.51	(6.94)	15.38	(10.67)	67.62
ZVSA	4.23	0.21	0.05	(0.96)	3.93	(6.30)	12.73	(6.96)	34.10
KRBP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
UNCY	4.14	0.46	0.09	0.36	4.28	(5.18)	9.43	(7.50)	28.72
CKPT	3.95	(0.12)	0.00	(0.32)	0.00	0.00	10.03	(6.69)	18.94
MBIO	5.53	(1.78)	0.00	0.40	0.00	0.00	15.38	(13.15)	53.88
FBIOP	2.75	0.34	0.12	(0.52)	2.80	(3.28)	7.44	(4.44)	21.73
KOD	4.85	(0.18)	0.00	(0.09)	0.00	0.00	10.44	(9.57)	45.02
ARDX	3.21	0.16	0.03	0.06	4.32	(3.69)	8.32	(7.87)	27.51

Lipocine Corporate Management

CPA CPA	Co Sec	Profile
Logan Morse	Marketing Sales	Profile
Nachiappan Chidambaram	Senior Development	Profile
M MD	Chief Director	Profile
Krista Fogarty	Principal Controller	Profile

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