AIM ImmunoTech Correlations

AIM ImmunoTech Correlation With Market

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AIM ImmunoTech. 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 AIM Stock, please use our How to Invest in AIM ImmunoTech guide.

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 BLRX + 0.84 GOVX AIMD + 0.71 GOVX AIMD + 0.64 BLRX LPCN + 0.44 THAR AIMD + 0.16 THAR

High negative correlations LPCN - 0.88 GOVX LPCN - 0.72 BLRX LPCN - 0.58 AIMD THAR - 0.33 GOVX THAR - 0.13 BLRX

Risk-Adjusted Indicators

There is a big difference between AIM Stock performing well and AIM ImmunoTech 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 AIM ImmunoTech'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.