Marker Therapeutics Correlations

MRKR Stock  USD 1.53  0.02  1.32%   
The correlation of Marker Therapeutics 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.

Marker Therapeutics Correlation With Market

Good diversification

The correlation between Marker Therapeutics and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Marker Therapeutics 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 Marker Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in Marker Stock, please use our How to Invest in Marker Therapeutics guide.

Moving together with Marker Stock

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  0.66TCRX Tscan TherapeuticsPairCorr
  0.95TERN Terns PharmaceuticalsPairCorr
  0.88CRNX Crinetics Pharmaceuticals Earnings Call TodayPairCorr
  0.86CTMX CytomX TherapeuticsPairCorr

Moving against Marker Stock

  0.85OPT Opthea Earnings Call TodayPairCorr
  0.74GANX Gain TherapeuticsPairCorr
  0.74PHGE Biomx IncPairCorr
  0.73LTRN Lantern PharmaPairCorr
  0.66CUE Cue BiopharmaPairCorr
  0.44PFE Pfizer Inc Aggressive PushPairCorr
  0.43FENC Fennec PharmaceuticalsPairCorr
  0.4A Agilent Technologies Earnings Call TodayPairCorr
  0.59DBVT DBV Technologies Earnings Call This WeekPairCorr
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  0.42ELV Elevance HealthPairCorr
  0.39CGTX Cognition TherapeuticsPairCorr
  0.9OBI Ondine BiomedicalPairCorr
  0.8EC Ecopetrol SA ADR Earnings Call TodayPairCorr
  0.8GPI Group 1 AutomotivePairCorr
  0.75SSNLF Samsung ElectronicsPairCorr

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   
PMVPPTIX
PMVPXCUR
PTIXXCUR
AGENANEB
AGENBNOX
BNOXANEB
  
High negative correlations   
BNOXPTIX
AGENPTIX
BNOXXCUR
BNOXPMVP
AGENPMVP
ANEBXCUR

Risk-Adjusted Indicators

There is a big difference between Marker Stock performing well and Marker Therapeutics 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 Marker Therapeutics' 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
LUMO  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
XCUR  13.23  2.79  0.21  0.50  11.46 
 47.72 
 129.49 
PTIX  5.93 (1.00) 0.00  4.90  0.00 
 13.33 
 44.05 
PMVP  1.78 (0.16) 0.00  0.80  0.00 
 4.38 
 9.70 
ANEB  4.33 (0.13) 0.00 (0.06) 0.00 
 7.64 
 40.87 
MIRO  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
ZIVO  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
BNOX  7.11  1.30  0.16 (0.36) 7.14 
 12.06 
 150.97 
AGEN  4.40  0.38  0.08  0.21  4.33 
 11.43 
 25.24 
ICVX  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 

Marker Therapeutics Corporate Management

Gerald GarrettSenior OperationsProfile
Juan MDCOO, CoFounderProfile
Peter MBACEO PresProfile
Dr SrSenior VirologyProfile
Nadia AgopyanSenior AffairsProfile
Monic MDChief OfficerProfile