Valneva SE Correlations

VALN Stock

USD 4.05 0.09 2.27%

The current 90-days correlation between Valneva SE ADR and Ayala Pharmaceuticals is -0.01 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Valneva SE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Valneva SE ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Valneva SE Correlation With Market

Good diversification

The correlation between Valneva SE ADR and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Valneva SE ADR 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 Valneva SE ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Moving together with Valneva Stock

0.64	HLN	Haleon plc	Pair Corr
0.81	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.8	LLY	Eli Lilly	Pair Corr
0.78	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.72	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.86	RDY	Dr Reddys Laboratories	Pair Corr
0.83	TAK	Takeda Pharmaceutical	Pair Corr
0.64	INMB	INmune Bio	Pair Corr
0.61	LTRN	Lantern Pharma	Pair Corr
0.62	REVB	Revelation Biosciences	Pair Corr
0.63	ABBV	AbbVie Inc Sell-off Trend	Pair Corr
0.81	AMGN	Amgen Inc	Pair Corr
0.64	ANRO	Alto Neuroscience,	Pair Corr
0.61	SIGA	SIGA Technologies	Pair Corr
0.77	TEVA	Teva Pharma Industries	Pair Corr

Moving against Valneva Stock

0.88	BMY	Bristol Myers Squibb Sell-off Trend	Pair Corr
0.81	ESPR	Esperion Therapeutics Buyout Trend	Pair Corr
0.8	GILD	Gilead Sciences	Pair Corr
0.71	VTRS	Viatris	Pair Corr
0.71	EWTX	Edgewise Therapeutics	Pair Corr
0.68	BHC	Bausch Health Companies	Pair Corr
0.65	WAT	Waters	Pair Corr
0.52	BFRIW	Biofrontera Warrants	Pair Corr
0.5	EBS	Emergent Biosolutions	Pair Corr
0.36	GANX	Gain Therapeutics	Pair Corr
0.33	BCTXW	BriaCell Therapeutics	Pair Corr
0.9	BSX	Boston Scientific Corp Sell-off Trend	Pair Corr
0.66	MNMD	Mind Medicine	Pair Corr
0.63	DXCM	DexCom Inc Sell-off Trend	Pair Corr
0.58	CPRX	Catalyst Pharmaceuticals	Pair Corr
0.52	ABT	Abbott Laboratories Sell-off Trend	Pair Corr

Related Correlations Analysis

	ADXS	NCNA	SAGE	SLS	THRD	CGEM	EWTX	RLYB	GLUE	TYRA
ADXS		0.28	0.3	0.03	-0.27	0.26	-0.21	0.34	-0.23	0.25	ADXS
NCNA	0.28		0.55	0.37	-0.17	0.61	-0.69	0.55	-0.36	0.31	NCNA
SAGE	0.3	0.55		0.1	0.16	0.82	-0.47	0.52	-0.56	0.72	SAGE
SLS	0.03	0.37	0.1		-0.05	0.31	-0.44	0.27	-0.15	-0.09	SLS
THRD	-0.27	-0.17	0.16	-0.05		0.16	0.37	-0.08	0.29	0.02	THRD
CGEM	0.26	0.61	0.82	0.31	0.16		-0.57	0.57	-0.46	0.54	CGEM
EWTX	-0.21	-0.69	-0.47	-0.44	0.37	-0.57		-0.56	0.43	-0.2	EWTX
RLYB	0.34	0.55	0.52	0.27	-0.08	0.57	-0.56		-0.51	0.47	RLYB
GLUE	-0.23	-0.36	-0.56	-0.15	0.29	-0.46	0.43	-0.51		-0.82	GLUE
TYRA	0.25	0.31	0.72	-0.09	0.02	0.54	-0.2	0.47	-0.82		TYRA
	ADXS	NCNA	SAGE	SLS	THRD	CGEM	EWTX	RLYB	GLUE	TYRA

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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

CGEM	+ 0.82	SAGE
TYRA	+ 0.72	SAGE
CGEM	+ 0.61	NCNA
RLYB	+ 0.57	CGEM
SAGE	+ 0.55	NCNA
RLYB	+ 0.55	NCNA

High negative correlations

TYRA	- 0.82	GLUE
EWTX	- 0.69	NCNA
EWTX	- 0.57	CGEM
RLYB	- 0.56	EWTX
GLUE	- 0.56	SAGE
GLUE	- 0.51	RLYB

Risk-Adjusted Indicators

There is a big difference between Valneva Stock performing well and Valneva SE 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 Valneva SE'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
ADXS	10.42	2.15	0.11	(0.65)	12.67	(13.56)	30.59	(15.09)	115.09
NCNA	6.87	(1.38)	0.00	(0.54)	0.00	0.00	5.41	(10.49)	192.70
SAGE	3.21	(0.71)	0.00	(0.22)	0.00	0.00	6.39	(6.27)	30.67
SLS	2.25	(0.19)	0.00	(2.14)	0.00	0.00	5.60	(4.00)	17.74
THRD	3.36	(0.09)	0.02	0.09	4.79	(3.30)	8.35	(6.74)	25.76
CGEM	2.89	(0.71)	0.00	(0.21)	0.00	0.00	5.88	(7.24)	17.85
EWTX	3.41	0.71	0.27	0.39	2.67	(3.91)	6.65	(4.64)	61.02
RLYB	1.83	(0.02)	(0.03)	0.07	2.25	(2.36)	5.00	(4.27)	13.05
GLUE	5.18	0.88	0.25	0.43	3.74	(7.01)	8.10	(8.18)	102.66
TYRA	3.43	(0.51)	0.00	(0.25)	0.00	0.00	5.20	(6.06)	34.43

Valneva SE Corporate Management

Vincent Dequenne	Chief Officer	Profile
Frederic Jacotot	General IP	Profile
JuanCarlos MD	Chief Officer	Profile
Gerald Strohmaier	VP Resource	Profile
Peter Buhler	Chief Officer	Profile
Christian Taucher	Head Affairs	Profile

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