Senti Biosciences Correlations

SNTI Stock

USD 3.68 0.17 4.84%

The current 90-days correlation between Senti Biosciences and Cadrenal Therapeutics, Common is 0.14 (i.e., Average diversification). The correlation of Senti 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.

Senti Biosciences Correlation With Market

Average diversification

The correlation between Senti Biosciences and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Senti Biosciences and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Senti 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 estimate.

For more detail on how to invest in Senti Stock please use our How to Invest in Senti Biosciences guide.

Moving together with Senti Stock

0.67	CLDX	Celldex Therapeutics	Pair Corr
0.78	CRVS	Corvus Pharmaceuticals	Pair Corr
0.67	GKOS	Glaukos Corp	Pair Corr
0.74	ITGR	Integer Holdings Corp	Pair Corr
0.77	LIVN	LivaNova PLC	Pair Corr
0.74	MODD	Modular Medical	Pair Corr
0.61	APYX	Apyx Medical	Pair Corr
0.61	SRDX	SurModics	Pair Corr
0.72	CNMD	CONMED	Pair Corr

Moving against Senti Stock

0.58	CMRX	Chimerix	Pair Corr
0.58	CPIX	Cumberland Pharmaceuticals	Pair Corr
0.35	FNA	Paragon 28	Pair Corr
0.63	LUNG	Pulmonx Corp	Pair Corr
0.51	LUCD	Lucid Diagnostics	Pair Corr
0.37	NVRO	Nevro Corp	Pair Corr
0.33	INMD	InMode	Pair Corr
0.62	NHNCF	NAVER Corp	Pair Corr
0.56	BRK-A	Berkshire Hathaway	Pair Corr
0.55	BRK-B	Berkshire Hathaway	Pair Corr
0.4	PKX	POSCO Holdings	Pair Corr
0.39	FWEDF	Fireweed Zinc	Pair Corr
0.38	TRGGF	Tarachi Gold Corp	Pair Corr

Related Correlations Analysis

	ZIVO	CVKD	FHTX	QNRX	SABSW	CING	BLCM	HILS	LIPO	FENC
ZIVO		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	ZIVO
CVKD	0.0		-0.17	-0.69	-0.15	-0.01	0.0	0.0	0.14	0.53	CVKD
FHTX	0.0	-0.17		0.04	-0.37	-0.14	0.0	0.0	0.49	0.16	FHTX
QNRX	0.0	-0.69	0.04		0.44	0.5	0.0	0.0	0.1	-0.78	QNRX
SABSW	0.0	-0.15	-0.37	0.44		0.67	0.0	0.0	-0.01	-0.56	SABSW
CING	0.0	-0.01	-0.14	0.5	0.67		0.0	0.0	0.47	-0.37	CING
BLCM	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	BLCM
HILS	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	HILS
LIPO	0.0	0.14	0.49	0.1	-0.01	0.47	0.0	0.0		0.09	LIPO
FENC	0.0	0.53	0.16	-0.78	-0.56	-0.37	0.0	0.0	0.09		FENC
	ZIVO	CVKD	FHTX	QNRX	SABSW	CING	BLCM	HILS	LIPO	FENC

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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

CING	+ 0.67	SABSW
FENC	+ 0.53	CVKD
CING	+ 0.5	QNRX
LIPO	+ 0.49	FHTX
LIPO	+ 0.47	CING
SABSW	+ 0.44	QNRX

High negative correlations

FENC	- 0.78	QNRX
QNRX	- 0.69	CVKD
FENC	- 0.56	SABSW
FENC	- 0.37	CING
SABSW	- 0.37	FHTX
FHTX	- 0.17	CVKD

Risk-Adjusted Indicators

There is a big difference between Senti Stock performing well and Senti 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 Senti 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
ZIVO	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CVKD	4.19	1.06	0.21	0.81	4.18	(5.26)	11.59	(8.49)	25.08
FHTX	3.69	(0.16)	0.00	(0.15)	0.00	0.00	9.05	(7.58)	26.22
QNRX	5.40	(0.91)	0.00	1.83	0.00	0.00	14.29	(10.53)	57.78
SABSW	19.43	2.83	0.13	12.39	18.20	(30.33)	50.19	(38.46)	214.55
CING	2.94	(0.01)	0.00	(0.10)	0.00	0.00	5.51	(4.97)	24.40
BLCM	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HILS	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LIPO	6.35	0.83	0.10	0.37	7.28	(8.16)	12.62	(10.47)	114.21
FENC	2.06	0.26	0.08	0.14	2.93	(2.25)	4.75	(3.56)	16.33

Senti Biosciences Corporate Management

Faraz Siddiqui	Senior Operations	Profile
Thomas Chung	Vice Development	Profile
Susan Kahlert	Controller	Profile
Wilson Wong	Scientific Board	Profile
Philip Lee	CoFounder CTO	Profile

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