Soleno Therapeutics Correlations
| SLNO Stock | USD 49.11 0.71 1.47% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Soleno Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Soleno Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Soleno Therapeutics Correlation With Market
Weak diversification
The correlation between Soleno Therapeutics and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Soleno Therapeutics and DJI in the same portfolio, assuming nothing else is changed.
Soleno |
Moving against Soleno Stock
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Soleno Stock performing well and Soleno 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 Soleno Therapeutics' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ANNX | 3.54 | (0.73) | 0.00 | (0.62) | 0.00 | 5.94 | 26.02 | |||
| ICVX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| VECT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BOLT | 2.62 | (0.22) | 0.00 | (1.21) | 0.00 | 5.08 | 17.46 | |||
| LYRA | 2.89 | 0.10 | 0.02 | 0.29 | 3.32 | 5.88 | 25.31 | |||
| PULM | 4.56 | 0.63 | 0.12 | 0.80 | 4.86 | 9.74 | 41.84 | |||
| CAPR | 3.94 | 0.18 | 0.03 | 0.06 | 4.77 | 8.41 | 22.77 | |||
| AKTX | 5.19 | 0.99 | 0.17 | 1.04 | 5.29 | 18.18 | 41.26 | |||
| DFFN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ONTX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Soleno Therapeutics Corporate Management
| Kristen MS | Senior Operations | Profile | |
| Dr MBA | Senior Development | Profile | |
| Patricia MPH | Senior Affairs | Profile | |
| PharmD MBA | Senior Affairs | Profile | |
| Meredith MBA | Chief Officer | Profile | |
| Anish MD | CEO and President | Profile |