Precigen Correlations

PGEN Stock

USD 1.67 0.11 6.18%

The current 90-days correlation between Precigen and CorMedix is -0.25 (i.e., Very good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Precigen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Precigen moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Precigen Correlation With Market

Significant diversification

The correlation between Precigen and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Precigen 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 Precigen. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

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

Moving together with Precigen Stock

0.73	EQ	Equillium	Pair Corr
0.74	DMAC	DiaMedica Therapeutics	Pair Corr
0.94	VALN	Valneva SE ADR	Pair Corr
0.79	VIGL	Vigil Neuroscience	Pair Corr
0.93	VRNA	Verona Pharma PLC	Pair Corr
0.62	VRTX	Vertex Pharmaceuticals	Pair Corr
0.69	VSTM	Verastem	Pair Corr
0.66	VTVT	vTv Therapeutics Trending	Pair Corr

Moving against Precigen Stock

0.86	VKTX	Viking Therapeutics	Pair Corr
0.85	VERA	Vera Therapeutics	Pair Corr
0.85	VINC	Vincerx Pharma	Pair Corr
0.73	ME	23Andme Holding	Pair Corr
0.72	DSGN	Design Therapeutics	Pair Corr
0.7	VANI	Vivani Medical Earnings Call This Week	Pair Corr
0.56	CDIOW	Cardio Diagnostics	Pair Corr
0.55	DRRX	Durect Earnings Call This Week	Pair Corr
0.52	SABSW	SAB Biotherapeutics	Pair Corr
0.51	DNLI	Denali Therapeutics	Pair Corr
0.51	VCYT	Veracyte	Pair Corr
0.47	VCEL	Vericel Corp Ord	Pair Corr
0.36	DRTS	Alpha Tau Medical	Pair Corr
0.33	A	Agilent Technologies	Pair Corr
0.86	VYGR	Voyager Therapeutics	Pair Corr
0.85	VTYX	Ventyx Biosciences	Pair Corr
0.82	VTRS	Viatris	Pair Corr
0.73	VRDN	Viridian Therapeutics Downward Rally	Pair Corr
0.73	ELAN	Elanco Animal Health	Pair Corr
0.67	VRPX	Virpax Pharmaceuticals	Pair Corr
0.56	DYAI	Dyadic International Earnings Call This Week	Pair Corr
0.41	VRCA	Verrica Pharmaceuticals	Pair Corr
0.37	VYNE	Vyne Therapeutics	Pair Corr
0.37	ELEV	Elevation Oncology	Pair Corr
0.34	VRAX	Virax Biolabs Group	Pair Corr

Related Correlations Analysis

	CRMD	TCRR	SGMO	APTO	PRTK	CRVS	IMMP	ICVX	AGEN
CRMD		0.0	-0.62	-0.21	0.0	-0.3	-0.44	0.0	0.3	CRMD
TCRR	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	TCRR
SGMO	-0.62	0.0		0.51	0.0	0.53	0.54	0.0	-0.04	SGMO
APTO	-0.21	0.0	0.51		0.0	0.43	0.6	0.0	0.48	APTO
PRTK	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	PRTK
CRVS	-0.3	0.0	0.53	0.43	0.0		0.73	0.0	0.3	CRVS
IMMP	-0.44	0.0	0.54	0.6	0.0	0.73		0.0	0.49	IMMP
ICVX	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	ICVX
AGEN	0.3	0.0	-0.04	0.48	0.0	0.3	0.49	0.0		AGEN
	CRMD	TCRR	SGMO	APTO	PRTK	CRVS	IMMP	ICVX	AGEN

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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

IMMP	+ 0.73	CRVS
IMMP	+ 0.6	APTO
IMMP	+ 0.54	SGMO
CRVS	+ 0.53	SGMO
APTO	+ 0.51	SGMO
AGEN	+ 0.49	IMMP

High negative correlations

SGMO	- 0.62	CRMD
IMMP	- 0.44	CRMD
CRVS	- 0.3	CRMD
APTO	- 0.21	CRMD
AGEN	- 0.04	SGMO
AGEN	- 0.0	ICVX

Risk-Adjusted Indicators

There is a big difference between Precigen Stock performing well and Precigen 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 Precigen'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
CRMD	3.54	0.23	0.09	(0.54)	3.63	(4.30)	7.48	(6.38)	37.32
TCRR	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SGMO	5.61	(0.29)	0.00	(0.29)	0.00	0.00	10.78	(9.80)	85.68
APTO	6.65	(0.17)	0.00	0.62	0.00	0.00	15.06	(13.74)	87.00
PRTK	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CRVS	4.03	(0.54)	0.00	(0.81)	0.00	0.00	7.37	(8.01)	43.50
IMMP	2.24	(0.25)	0.00	2.07	0.00	0.00	4.33	(4.35)	17.06
ICVX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AGEN	4.15	(0.70)	0.00	(0.43)	0.00	0.00	10.48	(8.63)	23.65

Precigen Corporate Management

Rob Russell	VP Resources	Profile
Mr JD	Chief Secretary	Profile
Donald Lehr	Chief Secretary	Profile
Rutul Shah	Chief Officer	Profile
Jeffrey Perez	Senior Affairs	Profile
Jeffrey JD	Senior Affairs	Profile

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