Replimune Correlations

REPL Stock

USD 13.24 0.25 1.85%

The current 90-days correlation between Replimune Group and Kura Oncology is 0.24 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Replimune moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Replimune Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Replimune Correlation With Market

Modest diversification

The correlation between Replimune Group and DJI is 0.29 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Replimune Group 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 Replimune Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving together with Replimune Stock

0.64

FENC

Fennec Pharmaceuticals

Pair Corr

Moving against Replimune Stock

0.64	NAMSW	NewAmsterdam Pharma Upward Rally	Pair Corr
0.38	INZY	Inozyme Pharma	Pair Corr
0.37	ILMN	Illumina	Pair Corr
0.54	PTITF	PT Indosat Tbk	Pair Corr
0.4	ADUS	Addus HomeCare	Pair Corr
0.38	TLKMF	Telkom Indonesia Tbk	Pair Corr

Related Correlations Analysis

	NUVL	VTYX	ASND	UTHR	NVCT	LYRA	KRON	GOSS	KURA	PTGX
NUVL		0.47	-0.29	0.22	-0.43	-0.03	-0.27	-0.57	0.65	0.79	NUVL
VTYX	0.47		-0.03	0.26	-0.66	0.19	0.07	-0.62	0.18	0.5	VTYX
ASND	-0.29	-0.03		0.26	0.26	0.36	0.2	0.48	-0.26	-0.06	ASND
UTHR	0.22	0.26	0.26		-0.17	0.11	-0.1	-0.19	0.13	0.4	UTHR
NVCT	-0.43	-0.66	0.26	-0.17		0.17	0.45	0.84	-0.47	-0.59	NVCT
LYRA	-0.03	0.19	0.36	0.11	0.17		0.18	0.25	-0.06	-0.01	LYRA
KRON	-0.27	0.07	0.2	-0.1	0.45	0.18		0.47	-0.63	-0.45	KRON
GOSS	-0.57	-0.62	0.48	-0.19	0.84	0.25	0.47		-0.55	-0.61	GOSS
KURA	0.65	0.18	-0.26	0.13	-0.47	-0.06	-0.63	-0.55		0.58	KURA
PTGX	0.79	0.5	-0.06	0.4	-0.59	-0.01	-0.45	-0.61	0.58		PTGX
	NUVL	VTYX	ASND	UTHR	NVCT	LYRA	KRON	GOSS	KURA	PTGX

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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

GOSS	+ 0.84	NVCT
PTGX	+ 0.79	NUVL
KURA	+ 0.65	NUVL
PTGX	+ 0.58	KURA
PTGX	+ 0.5	VTYX
GOSS	+ 0.48	ASND

High negative correlations

NVCT	- 0.66	VTYX
KURA	- 0.63	KRON
GOSS	- 0.62	VTYX
PTGX	- 0.61	GOSS
PTGX	- 0.59	NVCT
GOSS	- 0.57	NUVL

Risk-Adjusted Indicators

There is a big difference between Replimune Stock performing well and Replimune 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 Replimune'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
NUVL	1.86	(0.14)	0.00	1.36	0.00	0.00	3.54	(3.73)	11.10
VTYX	4.52	(0.05)	0.00	(0.05)	0.00	0.00	11.35	(7.56)	35.02
ASND	2.21	0.36	0.17	0.42	1.88	(2.79)	5.85	(3.39)	14.35
UTHR	1.15	0.00	0.00	(0.04)	1.72	(1.27)	2.26	(2.04)	8.88
NVCT	3.31	0.70	0.18	(0.65)	3.46	(3.71)	7.96	(5.75)	25.78
LYRA	3.25	0.36	0.05	(0.42)	3.39	(7.06)	5.88	(5.56)	27.65
KRON	2.17	0.25	0.10	1.15	1.94	(3.37)	5.15	(3.00)	17.56
GOSS	4.24	1.00	0.20	1.74	4.12	(5.38)	8.70	(7.61)	36.67
KURA	2.66	(0.91)	0.00	(3.30)	0.00	0.00	4.45	(5.12)	36.77
PTGX	2.27	(0.19)	0.00	(0.15)	0.00	0.00	3.48	(4.10)	18.65

Replimune Corporate Management

Colin Love	Chief Officer	Profile
Christopher Sarchi	Chief Officer	Profile
Pamela Esposito	Chief Business Officer	Profile
Paul Bullock	Chief Head	Profile
MBA MA	Chief Officer	Profile
Andrew Schwendenman	Chief Treasurer	Profile

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