Telomir Pharmaceuticals, Correlations
| TELO Stock | 3.95 0.07 1.74% |
The current 90-days correlation between Telomir Pharmaceuticals, and NL Industries is 0.15 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Telomir Pharmaceuticals, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Telomir Pharmaceuticals, Common moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Telomir Pharmaceuticals, Correlation With Market
Average diversification
The correlation between Telomir Pharmaceuticals, Commo and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Telomir Pharmaceuticals, Commo and DJI in the same portfolio, assuming nothing else is changed.
Telomir |
Moving against Telomir Stock
| 0.62 | LLY | Eli Lilly | PairCorr |
| 0.54 | GOSS | Gossamer Bio | PairCorr |
| 0.5 | AZN | AstraZeneca PLC ADR | PairCorr |
| 0.49 | GILD | Gilead Sciences | PairCorr |
| 0.36 | PLX | Protalix Biotherapeutics | PairCorr |
| 0.35 | SNY | Sanofi ADR | PairCorr |
| 0.31 | OCX | OncoCyte Corp | PairCorr |
| 0.51 | DRMAW | Dermata Therapeutics | PairCorr |
| 0.43 | AMGN | Amgen Inc | PairCorr |
| 0.36 | ABUS | Arbutus Biopharma Corp Buyout Trend | PairCorr |
| 0.35 | NVCT | Nuvectis Pharma Upward Rally | PairCorr |
| 0.32 | RVP | Retractable Technologies | PairCorr |
Related Correlations Analysis
| 0.43 | 0.09 | 0.32 | 0.38 | 0.29 | -0.06 | NL | ||
| 0.43 | 0.4 | 0.32 | 0.11 | 0.87 | 0.47 | DLX | ||
| 0.09 | 0.4 | -0.14 | 0.58 | 0.45 | 0.84 | BAK | ||
| 0.32 | 0.32 | -0.14 | -0.44 | 0.02 | -0.01 | ZZHGY | ||
| 0.38 | 0.11 | 0.58 | -0.44 | 0.33 | 0.31 | MOS | ||
| 0.29 | 0.87 | 0.45 | 0.02 | 0.33 | 0.48 | CF | ||
| -0.06 | 0.47 | 0.84 | -0.01 | 0.31 | 0.48 | LXFR | ||
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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 Telomir Stock performing well and Telomir Pharmaceuticals, 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 Telomir Pharmaceuticals,'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NL | 2.38 | 0.13 | 0.04 | 0.05 | 2.71 | 5.64 | 16.29 | |||
| DLX | 1.63 | (0.40) | 0.00 | (0.35) | 0.00 | 2.44 | 14.33 | |||
| BAK | 2.89 | 0.14 | 0.05 | 0.14 | 2.85 | 5.90 | 22.64 | |||
| ZZHGY | 0.95 | (0.48) | 0.00 | (0.73) | 0.00 | 0.00 | 31.89 | |||
| MOS | 1.76 | 0.26 | 0.14 | 0.30 | 1.81 | 3.59 | 12.77 | |||
| CF | 1.66 | (0.06) | 0.00 | (0.10) | 0.00 | 2.51 | 15.08 | |||
| LXFR | 1.67 | (0.10) | 0.00 | (0.12) | 0.00 | 2.60 | 11.40 |
Telomir Pharmaceuticals, Corporate Executives
Elected by the shareholders, the Telomir Pharmaceuticals,'s board of directors comprises two types of representatives: Telomir Pharmaceuticals, inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Telomir. The board's role is to monitor Telomir Pharmaceuticals,'s management team and ensure that shareholders' interests are well served. Telomir Pharmaceuticals,'s inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Telomir Pharmaceuticals,'s outside directors are responsible for providing unbiased perspectives on the board's policies.
| MD ODonnell | Chief Cofounder | Profile | |
| Nathen CPA | Treasurer, CFO | Profile |