LakeShore Biopharma Correlations

LSBPW Stock

0.06 0.02 41.24%

The correlation of LakeShore Biopharma 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. If the correlation is 0, the equities are not correlated; they are entirely random.

LakeShore Biopharma Correlation With Market

Significant diversification

The correlation between LakeShore Biopharma Co, and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding LakeShore Biopharma Co, 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 LakeShore Biopharma Co,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving together with LakeShore Stock

0.63

MIRM

Mirum Pharmaceuticals

Pair Corr

Moving against LakeShore Stock

0.48	MBIO	Mustang Bio	Pair Corr
0.33	DNTH	Dianthus Therapeutics Downward Rally	Pair Corr
0.51	DRUG	Bright Minds Biosciences	Pair Corr
0.42	MLYS	Mineralys Therapeutics, Buyout Trend	Pair Corr
0.4	MLTX	MoonLake Immunotherapeuti	Pair Corr
0.37	VERA	Vera Therapeutics	Pair Corr
0.37	DSGN	Design Therapeutics	Pair Corr
0.56	MRSN	Mersana Therapeutics	Pair Corr
0.54	DYAI	Dyadic International Earnings Call Today	Pair Corr
0.5	VINC	Vincerx Pharma Earnings Call Tomorrow	Pair Corr
0.48	MRKR	Marker Therapeutics	Pair Corr

Related Correlations Analysis

	BJRI	MCD	GENK	DLTTF	RLJ-PA	SBUX	ARKR	SPMMF
BJRI		0.08	-0.15	0.0	0.12	0.48	0.17	0.0	BJRI
MCD	0.08		-0.74	0.0	0.05	0.53	-0.73	0.0	MCD
GENK	-0.15	-0.74		0.0	-0.43	-0.84	0.54	0.0	GENK
DLTTF	0.0	0.0	0.0		0.0	0.0	0.0	1.0	DLTTF
RLJ-PA	0.12	0.05	-0.43	0.0		0.44	0.29	0.0	RLJ-PA
SBUX	0.48	0.53	-0.84	0.0	0.44		-0.21	0.0	SBUX
ARKR	0.17	-0.73	0.54	0.0	0.29	-0.21		0.0	ARKR
SPMMF	0.0	0.0	0.0	1.0	0.0	0.0	0.0		SPMMF
	BJRI	MCD	GENK	DLTTF	RLJ-PA	SBUX	ARKR	SPMMF

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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

SPMMF	+ 1.0	DLTTF
ARKR	+ 0.54	GENK
SBUX	+ 0.53	MCD
SBUX	+ 0.48	BJRI
SBUX	+ 0.44	RLJ-PA
ARKR	+ 0.29	RLJ-PA

High negative correlations

SBUX	- 0.84	GENK
GENK	- 0.74	MCD
ARKR	- 0.73	MCD
RLJ-PA	- 0.43	GENK
ARKR	- 0.21	SBUX
GENK	- 0.15	BJRI

Risk-Adjusted Indicators

There is a big difference between LakeShore Stock performing well and LakeShore Biopharma 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 LakeShore Biopharma'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
BJRI	1.69	(0.06)	0.00	(0.05)	0.00	0.00	3.35	(3.91)	13.32
MCD	0.91	0.06	0.05	0.13	1.09	(0.95)	1.92	(1.76)	8.10
GENK	2.68	(0.37)	0.00	(0.21)	0.00	0.00	5.42	(5.37)	32.07
DLTTF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
RLJ-PA	0.25	0.02	0.07	(0.82)	0.18	(0.33)	0.68	(0.47)	2.27
SBUX	1.24	0.07	0.04	0.09	1.81	(1.22)	2.25	(2.69)	13.70
ARKR	3.02	(0.26)	0.00	(0.54)	0.00	0.00	4.61	(7.81)	24.40
SPMMF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

LakeShore Biopharma Corporate Management

Yuan Liu	Head Research	Profile
Zenaida MD	Chief Officer	Profile
Gang Li	Head Sales	Profile
Zhiyuan Ran	Head Department	Profile

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