Agios Pharm Correlations

AGIO Stock

USD 34.54 0.81 2.40%

The current 90-days correlation between Agios Pharm and Surrozen is -0.04 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agios Pharm moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agios Pharm moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Agios Pharm Correlation With Market

Average diversification

The correlation between Agios Pharm and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Agios Pharm and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agios Pharm. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in Agios Stock, please use our How to Invest in Agios Pharm guide.

Moving together with Agios Stock

0.63	JNJ	Johnson Johnson	Pair Corr
0.92	KRYS	Krystal Biotech	Pair Corr
0.69	ABOS	Acumen Pharmaceuticals	Pair Corr
0.64	ADAP	Adaptimmune Therapeutics	Pair Corr
0.82	AFMD	Affimed NV	Pair Corr
0.87	AMLX	Amylyx Pharmaceuticals	Pair Corr
0.69	STOK	Stoke Therapeutics	Pair Corr
0.61	TERN	Terns Pharmaceuticals Buyout Trend	Pair Corr
0.87	CRVS	Corvus Pharmaceuticals	Pair Corr
0.72	DAWN	Day One Biopharmaceu	Pair Corr
0.7	CVS	CVS Health Corp Earnings Call This Week	Pair Corr
0.79	SHG	Shinhan Financial Earnings Call This Week	Pair Corr
0.82	WF	Woori Financial Group Earnings Call This Week	Pair Corr

Moving against Agios Stock

0.76	MLAB	Mesa Laboratories Earnings Call This Week	Pair Corr
0.6	XFOR	X4 Pharmaceuticals	Pair Corr
0.33	PFE	Pfizer Inc Earnings Call This Week	Pair Corr
0.58	MNPR	Monopar Therapeutics	Pair Corr
0.48	FNMFO	Federal National Mortgage	Pair Corr
0.41	AVAL	Grupo Aval	Pair Corr
0.32	CIB	Bancolombia SA ADR	Pair Corr
0.31	ITCL	Banco Ita Chile	Pair Corr

Related Correlations Analysis

	SRZN	ARMP	KTTA	ADTX	SCPH	MIST	ONCY	MCRB	CADL	INKT
SRZN		-0.48	-0.2	-0.36	-0.05	0.49	-0.07	0.4	0.6	0.19	SRZN
ARMP	-0.48		0.58	0.57	0.45	-0.51	0.51	-0.58	-0.68	0.17	ARMP
KTTA	-0.2	0.58		0.87	0.86	-0.63	0.91	-0.48	-0.52	0.0	KTTA
ADTX	-0.36	0.57	0.87		0.75	-0.79	0.82	-0.33	-0.53	-0.15	ADTX
SCPH	-0.05	0.45	0.86	0.75		-0.51	0.85	-0.34	-0.36	0.04	SCPH
MIST	0.49	-0.51	-0.63	-0.79	-0.51		-0.61	0.31	0.48	0.25	MIST
ONCY	-0.07	0.51	0.91	0.82	0.85	-0.61		-0.42	-0.39	-0.06	ONCY
MCRB	0.4	-0.58	-0.48	-0.33	-0.34	0.31	-0.42		0.51	-0.22	MCRB
CADL	0.6	-0.68	-0.52	-0.53	-0.36	0.48	-0.39	0.51		-0.09	CADL
INKT	0.19	0.17	0.0	-0.15	0.04	0.25	-0.06	-0.22	-0.09		INKT
	SRZN	ARMP	KTTA	ADTX	SCPH	MIST	ONCY	MCRB	CADL	INKT

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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

ONCY	+ 0.91	KTTA
ADTX	+ 0.87	KTTA
SCPH	+ 0.86	KTTA
ONCY	+ 0.85	SCPH
ONCY	+ 0.82	ADTX
SCPH	+ 0.75	ADTX

High negative correlations

MIST	- 0.79	ADTX
CADL	- 0.68	ARMP
MIST	- 0.63	KTTA
ONCY	- 0.61	MIST
MCRB	- 0.58	ARMP
CADL	- 0.53	ADTX

Risk-Adjusted Indicators

There is a big difference between Agios Stock performing well and Agios Pharm 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 Agios Pharm'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
SRZN	5.83	0.43	0.08	0.42	5.76	(7.67)	19.44	(10.20)	37.58
ARMP	3.06	(0.08)	0.00	2.49	0.00	0.00	6.09	(8.22)	33.83
KTTA	3.15	(0.65)	0.00	1.02	0.00	0.00	6.78	(6.98)	16.71
ADTX	5.82	(2.68)	0.00	43.73	0.00	0.00	7.69	(17.39)	35.15
SCPH	2.71	(0.26)	0.00	(0.88)	0.00	0.00	5.07	(5.82)	20.70
MIST	2.70	0.50	0.13	0.58	3.06	(3.22)	8.08	(6.59)	20.63
ONCY	3.17	(0.82)	0.00	(0.70)	0.00	0.00	6.33	(7.23)	28.22
MCRB	4.70	0.37	0.08	0.38	4.12	(7.23)	15.58	(6.78)	28.84
CADL	6.96	0.93	0.13	0.93	6.92	(9.48)	21.74	(11.63)	99.24
INKT	5.39	0.08	0.02	0.12	8.14	(6.22)	9.82	(12.18)	82.58

Agios Pharm Corporate Management

DSc FRSC	CoFounder Board	Profile
Dr DACVP	Consultant	Profile
Sarah MD	Chief Development	Profile
James Burns	Corporate Officer	Profile
Clive Patience	Chief Officer	Profile
ShinSan Su	CoFounder Board	Profile
Brian MBA	CEO Director	Profile

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