Vivos Therapeutics Correlations

VVOS Stock

USD 3.60 0.09 2.56%

The current 90-days correlation between Vivos Therapeutics and Rapid Micro Biosystems is -0.05 (i.e., Good diversification). The correlation of Vivos Therapeutics 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Vivos Therapeutics Correlation With Market

Average diversification

The correlation between Vivos Therapeutics 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 Vivos Therapeutics 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 Vivos Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For more information on how to buy Vivos Stock please use our How to Invest in Vivos Therapeutics guide.

Moving together with Vivos Stock

0.72	HOLX	Hologic	Pair Corr
0.71	SSKN	STRATA Skin Sciences Earnings Call This Week	Pair Corr
0.7	VINC	Vincerx Pharma Earnings Call This Week	Pair Corr
0.67	GPCR	Structure Therapeutics	Pair Corr
0.7	ZURA	Zura Bio Limited	Pair Corr
0.7	IMMX	Immix Biopharma	Pair Corr
0.64	IMRX	Immuneering Corp	Pair Corr
0.63	MLTX	MoonLake Immunotherapeuti	Pair Corr
0.61	PHIO	Phio Pharmaceuticals Corp	Pair Corr
0.74	PYXS	Pyxis Oncology	Pair Corr
0.79	SCLX	Scilex Holding	Pair Corr
0.68	ASMB	Assembly Biosciences Earnings Call This Week	Pair Corr
0.64	ATNF	180 Life Sciences	Pair Corr

Moving against Vivos Stock

0.8	LUCD	Lucid Diagnostics	Pair Corr
0.78	GOSS	Gossamer Bio	Pair Corr
0.67	OCX	OncoCyte Corp	Pair Corr
0.66	TMDX	TransMedics Group	Pair Corr
0.55	HIMS	Hims Hers Health	Pair Corr
0.5	PAVM	PAVmed Inc Earnings Call Tomorrow	Pair Corr
0.49	MNDR	Mobile health Network	Pair Corr
0.44	PLX	Protalix Biotherapeutics	Pair Corr
0.31	RVP	Retractable Technologies Earnings Call This Week	Pair Corr
0.7	NVCT	Nuvectis Pharma	Pair Corr

Related Correlations Analysis

	BBLG	TIVC	BJDX	RPID	NAOV	TLIS	NUWE	HSCS
BBLG		0.14	-0.21	-0.12	0.61	0.0	0.11	0.55	BBLG
TIVC	0.14		-0.22	0.47	-0.01	0.0	0.41	0.53	TIVC
BJDX	-0.21	-0.22		-0.27	0.02	0.0	-0.13	-0.15	BJDX
RPID	-0.12	0.47	-0.27		-0.64	0.0	0.7	-0.05	RPID
NAOV	0.61	-0.01	0.02	-0.64		0.0	-0.39	0.57	NAOV
TLIS	0.0	0.0	0.0	0.0	0.0		0.0	0.0	TLIS
NUWE	0.11	0.41	-0.13	0.7	-0.39	0.0		0.06	NUWE
HSCS	0.55	0.53	-0.15	-0.05	0.57	0.0	0.06		HSCS
	BBLG	TIVC	BJDX	RPID	NAOV	TLIS	NUWE	HSCS

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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

NUWE	+ 0.7	RPID
NAOV	+ 0.61	BBLG
HSCS	+ 0.57	NAOV
HSCS	+ 0.55	BBLG
HSCS	+ 0.53	TIVC
RPID	+ 0.47	TIVC

High negative correlations

NAOV	- 0.64	RPID
NUWE	- 0.39	NAOV
RPID	- 0.27	BJDX
BJDX	- 0.22	TIVC
BJDX	- 0.21	BBLG
HSCS	- 0.15	BJDX

Risk-Adjusted Indicators

There is a big difference between Vivos Stock performing well and Vivos 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 Vivos 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
BBLG	3.60	(0.18)	0.00	(0.22)	0.00	0.00	9.80	(7.87)	23.26
TIVC	9.76	1.69	0.22	(1.80)	7.51	(13.89)	10.48	(13.84)	221.76
BJDX	5.42	0.15	0.02	0.10	6.52	(6.07)	10.59	(12.22)	42.86
RPID	7.00	2.05	0.28	0.56	5.72	(8.94)	21.64	(10.00)	47.40
NAOV	8.03	0.18	0.02	0.09	8.36	(12.16)	19.89	(16.06)	85.95
TLIS	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NUWE	3.53	0.19	0.02	0.02	4.72	(3.81)	8.11	(6.85)	20.78
HSCS	3.03	(0.32)	0.00	(5.58)	0.00	0.00	6.41	(6.41)	19.85

Vivos Therapeutics Corporate Management

RaeAnn Byrnes	CoFounder Services	Profile
Kirk Huntsman	Chairman CoFounder	Profile
Julie Gannon	Chief Relations	Profile
Nicholas DeGennaro	Senior Division	Profile
John Ballard	Senior Technology	Profile
Ruth Hembree	Senior Services	Profile
Todd Huntsman	CoFounder Technology	Profile

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