OCUP Old Correlations
| OCUPDelisted Stock | USD 1.13 0.06 5.04% |
The current 90-days correlation between OCUP Old and Sellas Life Sciences is 0.22 (i.e., Modest diversification). The correlation of OCUP Old 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.
OCUP Old Correlation With Market
Good diversification
The correlation between OCUP Old and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding OCUP Old and DJI in the same portfolio, assuming nothing else is changed.
OCUP |
Moving together with OCUP Stock
| 0.65 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.82 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.82 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
Moving against OCUP Stock
| 0.73 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.68 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.66 | HNRC | Houston Natural Resources | PairCorr |
| 0.55 | WMT | Walmart | PairCorr |
| 0.54 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.52 | TRV | The Travelers Companies Sell-off Trend | PairCorr |
| 0.5 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.37 | SLF | Sun Life Financial | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between OCUP Stock performing well and OCUP Old 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 OCUP Old'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RVPH | 6.96 | 0.95 | 0.10 | 0.69 | 8.63 | 18.87 | 71.13 | |||
| PLX | 3.02 | 1.15 | 0.38 | (4.22) | 2.04 | 8.00 | 21.48 | |||
| EYPT | 4.20 | 0.21 | 0.04 | (0.27) | 4.39 | 7.79 | 40.16 | |||
| SLS | 3.00 | (0.11) | 0.00 | (0.12) | 0.00 | 7.14 | 25.28 | |||
| RVPHW | 14.96 | 2.96 | 0.17 | 0.94 | 15.19 | 29.41 | 135.71 | |||
| EYEN | 7.96 | (1.01) | 0.00 | 1.36 | 0.00 | 19.05 | 92.81 | |||
| CGTX | 5.54 | 1.10 | 0.18 | (6.15) | 4.56 | 17.65 | 39.60 | |||
| RNAZ | 6.75 | (1.77) | 0.00 | (0.88) | 0.00 | 12.22 | 72.76 | |||
| KOD | 4.22 | 2.07 | 0.45 | 2.71 | 3.37 | 10.44 | 43.00 |
Delisting Warning - OCUP
OCUP Old was delisted
| The entity OCUP Old with a symbol OCUP was delisted from NASDAQ Exchange. Please try Opus Genetics, with a symbol IRD from now on. Check all delisted instruments accross multiple markets. |
OCUP Old Corporate Management
| CPA CPA | VP Officer | Profile | |
| Bernhard MBA | Senior Secretary | Profile | |
| MAcc CPA | Senior Finance | Profile | |
| Erik Sims | Director Controller | Profile | |
| Joseph MBA | Chief Officer | Profile |
Still Interested in OCUP Old?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.