Pulse Biosciences Correlations

PLSE Stock

USD 19.63 1.84 10.34%

The current 90-days correlation between Pulse Biosciences and LeMaitre Vascular is -0.1 (i.e., Good diversification). The correlation of Pulse Biosciences 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.

Pulse Biosciences Correlation With Market

Modest diversification

The correlation between Pulse Biosciences and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pulse Biosciences 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 Pulse Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For information on how to trade Pulse Stock refer to our How to Trade Pulse Stock guide.

Moving together with Pulse Stock

0.65	VREX	Varex Imaging Corp	Pair Corr
0.68	AORT	Artivion	Pair Corr
0.67	SDGR	Schrodinger	Pair Corr
0.67	TCMD	Tactile Systems Tech	Pair Corr
0.66	TDOC	Teladoc	Pair Corr

Moving against Pulse Stock

0.46	SGHT	Sight Sciences	Pair Corr
0.45	GDRX	Goodrx Holdings	Pair Corr
0.45	GEHC	GE HealthCare Techno	Pair Corr
0.41	NYXH	Nyxoah Earnings Call This Week	Pair Corr
0.31	AVNS	Avanos Medical	Pair Corr
0.52	INZY	Inozyme Pharma	Pair Corr
0.5	SER	Serina Therapeutics Symbol Change	Pair Corr
0.45	EYEN	Eyenovia	Pair Corr
0.43	LXRX	Lexicon Pharmaceuticals	Pair Corr
0.42	PFE	Pfizer Inc Sell-off Trend	Pair Corr
0.34	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	INFU	KRMD	MLSS	PDEX	OSUR	NYXH	LMAT	UTMD	AKYA	ATRC
INFU		0.79	-0.11	0.86	-0.55	-0.85	0.74	-0.11	-0.6	0.62	INFU
KRMD	0.79		0.27	0.87	-0.73	-0.88	0.46	-0.59	-0.78	0.4	KRMD
MLSS	-0.11	0.27		0.01	-0.27	-0.08	-0.24	-0.37	-0.3	-0.34	MLSS
PDEX	0.86	0.87	0.01		-0.55	-0.82	0.72	-0.32	-0.65	0.7	PDEX
OSUR	-0.55	-0.73	-0.27	-0.55		0.72	-0.11	0.69	0.64	-0.02	OSUR
NYXH	-0.85	-0.88	-0.08	-0.82	0.72		-0.5	0.47	0.76	-0.37	NYXH
LMAT	0.74	0.46	-0.24	0.72	-0.11	-0.5		0.3	-0.41	0.87	LMAT
UTMD	-0.11	-0.59	-0.37	-0.32	0.69	0.47	0.3		0.58	0.22	UTMD
AKYA	-0.6	-0.78	-0.3	-0.65	0.64	0.76	-0.41	0.58		-0.3	AKYA
ATRC	0.62	0.4	-0.34	0.7	-0.02	-0.37	0.87	0.22	-0.3		ATRC
	INFU	KRMD	MLSS	PDEX	OSUR	NYXH	LMAT	UTMD	AKYA	ATRC

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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

PDEX	+ 0.87	KRMD
ATRC	+ 0.87	LMAT
PDEX	+ 0.86	INFU
KRMD	+ 0.79	INFU
AKYA	+ 0.76	NYXH
LMAT	+ 0.74	INFU

High negative correlations

NYXH	- 0.88	KRMD
NYXH	- 0.85	INFU
NYXH	- 0.82	PDEX
AKYA	- 0.78	KRMD
OSUR	- 0.73	KRMD
AKYA	- 0.65	PDEX

Risk-Adjusted Indicators

There is a big difference between Pulse Stock performing well and Pulse Biosciences 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 Pulse Biosciences' 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
INFU	2.76	0.42	0.13	(18.57)	2.82	(3.17)	6.40	(4.09)	24.94
KRMD	3.19	0.63	0.17	0.68	3.12	(3.90)	8.65	(4.76)	23.89
MLSS	3.61	0.25	0.05	2.89	3.87	(4.84)	9.68	(6.82)	35.99
PDEX	3.98	0.74	0.14	1.15	4.80	(4.38)	9.99	(9.00)	31.08
OSUR	1.68	(0.18)	0.00	(0.73)	0.00	0.00	2.93	(3.64)	12.04
NYXH	1.52	0.00	0.00	0.02	1.81	(1.94)	3.07	(3.60)	9.72
LMAT	1.50	0.02	0.01	0.07	2.07	(1.63)	3.12	(2.37)	15.87
UTMD	0.68	(0.11)	0.00	(3.73)	0.00	0.00	1.05	(1.60)	7.06
AKYA	4.08	(0.02)	0.00	(0.05)	0.00	0.00	8.51	(5.48)	40.94
ATRC	1.91	0.25	0.11	1.46	1.90	(2.35)	5.36	(3.97)	24.41

Pulse Biosciences Corporate Management

Patty Perla	Vice Resources	Profile
Sandra Gardiner	CFO Admin	Profile
JD Esq	General Secretary	Profile
Gansevoort MD	Chief Officer	Profile
Niv MD	Chief Surgery	Profile
Richard Nuccitelli	Chief Officer	Profile

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