OUTLOOK THERAPEUTICS Correlations

OTLK Stock

USD 2.24 0.18 8.74%

The current 90-days correlation between OUTLOOK THERAPEUTICS INC and Reviva Pharmaceuticals Holdings is 0.02 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OUTLOOK THERAPEUTICS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OUTLOOK THERAPEUTICS INC moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

OUTLOOK THERAPEUTICS Correlation With Market

Good diversification

The correlation between OUTLOOK THERAPEUTICS INC and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding OUTLOOK THERAPEUTICS INC and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OUTLOOK THERAPEUTICS INC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Moving together with OUTLOOK Stock

0.71	EYEN	Eyenovia	Pair Corr
0.61	LXRX	Lexicon Pharmaceuticals	Pair Corr
0.68	OCUL	Ocular Therapeutix	Pair Corr
0.69	RNAZ	Transcode Therapeutics	Pair Corr
0.75	BLRX	BioLineRx	Pair Corr
0.72	NYXH	Nyxoah Earnings Call This Week	Pair Corr
0.61	PBMRF	PT Bumi Resources	Pair Corr
0.75	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr

Moving against OUTLOOK Stock

0.89	DRTS	Alpha Tau Medical	Pair Corr
0.84	FENC	Fennec Pharmaceuticals	Pair Corr
0.75	CDTX	Cidara Therapeutics	Pair Corr
0.71	KOD	Kodiak Sciences	Pair Corr
0.7	MCRB	Seres Therapeutics	Pair Corr
0.66	IMMP	Immutep Ltd ADR	Pair Corr
0.65	RVPH	Reviva Pharmaceuticals	Pair Corr
0.55	RVPHW	Reviva Pharmaceuticals	Pair Corr
0.49	FBIO	Fortress Biotech	Pair Corr
0.49	AVXL	Anavex Life Sciences	Pair Corr
0.76	WMT	Walmart	Pair Corr
0.74	KD	Kyndryl Holdings	Pair Corr
0.68	MSFT	Microsoft	Pair Corr
0.62	DIS	Walt Disney	Pair Corr
0.58	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.55	CICHF	China Construction Bank	Pair Corr
0.51	IBM	International Business Fiscal Year End 22nd of January 2025	Pair Corr
0.38	PG	Procter Gamble	Pair Corr
0.38	CSCO	Cisco Systems	Pair Corr

Related Correlations Analysis

	CKPT	MBIO	RVPH	FBIOP	KOD	OCUP	PLX	EYPT	SLS	EYEN
CKPT		-0.2	0.21	0.5	0.5	0.08	0.6	-0.13	-0.27	-0.5	CKPT
MBIO	-0.2		-0.44	-0.44	-0.68	-0.52	-0.73	0.8	0.55	0.8	MBIO
RVPH	0.21	-0.44		0.66	0.66	0.52	0.5	-0.54	-0.67	-0.52	RVPH
FBIOP	0.5	-0.44	0.66		0.6	0.53	0.65	-0.53	-0.68	-0.43	FBIOP
KOD	0.5	-0.68	0.66	0.6		0.64	0.63	-0.59	-0.75	-0.86	KOD
OCUP	0.08	-0.52	0.52	0.53	0.64		0.5	-0.6	-0.77	-0.48	OCUP
PLX	0.6	-0.73	0.5	0.65	0.63	0.5		-0.7	-0.45	-0.7	PLX
EYPT	-0.13	0.8	-0.54	-0.53	-0.59	-0.6	-0.7		0.6	0.73	EYPT
SLS	-0.27	0.55	-0.67	-0.68	-0.75	-0.77	-0.45	0.6		0.59	SLS
EYEN	-0.5	0.8	-0.52	-0.43	-0.86	-0.48	-0.7	0.73	0.59		EYEN
	CKPT	MBIO	RVPH	FBIOP	KOD	OCUP	PLX	EYPT	SLS	EYEN

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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

EYPT	+ 0.8	MBIO
EYEN	+ 0.8	MBIO
EYEN	+ 0.73	EYPT
FBIOP	+ 0.66	RVPH
KOD	+ 0.66	RVPH
PLX	+ 0.65	FBIOP

High negative correlations

EYEN	- 0.86	KOD
SLS	- 0.77	OCUP
SLS	- 0.75	KOD
PLX	- 0.73	MBIO
EYEN	- 0.7	PLX
EYPT	- 0.7	PLX

Risk-Adjusted Indicators

There is a big difference between OUTLOOK Stock performing well and OUTLOOK 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 OUTLOOK THERAPEUTICS'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
CKPT	3.93	0.76	0.16	(1.09)	4.33	(4.23)	8.15	(5.73)	17.41
MBIO	3.74	0.11	0.01	(0.07)	3.75	(7.83)	6.90	(7.69)	41.50
RVPH	6.96	0.95	0.10	0.69	8.63	(8.36)	18.87	(11.88)	71.13
FBIOP	3.02	0.54	0.17	(0.61)	2.75	(3.84)	8.11	(5.08)	21.73
KOD	4.22	2.07	0.45	2.71	3.37	(5.38)	10.44	(6.38)	43.00
OCUP	2.33	(0.72)	0.00	(5.65)	0.00	0.00	3.94	(12.03)	15.97
PLX	2.94	1.26	0.43	(6.04)	1.81	(4.36)	8.00	(3.77)	21.48
EYPT	4.32	0.09	0.02	(0.11)	4.40	(5.44)	7.79	(7.23)	40.16
SLS	3.00	(0.11)	0.00	(0.12)	0.00	0.00	7.14	(5.56)	25.28
EYEN	7.96	(1.01)	0.00	1.36	0.00	0.00	19.05	(19.61)	92.81

OUTLOOK THERAPEUTICS Corporate Management

Terry Dagnon	Chief Officer	Profile
Balu Balasubramanian	Advisor	Profile
Jeffrey Evanson	Chief Officer	Profile
Jedd Comiskey	Senior Europe	Profile

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