Ainos Correlations
| AIMDW Stock | USD 0.15 0.01 7.14% |
The current 90-days correlation between Ainos Inc and Alignment Healthcare LLC is -0.01 (i.e., Good diversification). The correlation of Ainos 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.
Ainos Correlation With Market
Good diversification
The correlation between Ainos Inc and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ainos Inc and DJI in the same portfolio, assuming nothing else is changed.
Ainos |
Moving together with Ainos Stock
| 0.63 | BPMC | Blueprint Medicines Corp Sell-off Trend | PairCorr |
Moving against Ainos Stock
| 0.64 | KRYS | Krystal Biotech | PairCorr |
| 0.54 | MREO | Mereo BioPharma Group | PairCorr |
| 0.5 | INZY | Inozyme Pharma | PairCorr |
| 0.34 | LPTX | Leap Therapeutics | PairCorr |
| 0.32 | MRK | Merck Company Earnings Call This Week | PairCorr |
| 0.31 | PDSB | PDS Biotechnology Corp | PairCorr |
| 0.7 | PLRX | Pliant Therapeutics | PairCorr |
| 0.61 | TERN | Terns Pharmaceuticals Buyout Trend | PairCorr |
| 0.59 | SGMO | Sangamo Therapeutics Buyout Trend | PairCorr |
| 0.53 | STOK | Stoke Therapeutics | PairCorr |
| 0.52 | AGIO | Agios Pharm | PairCorr |
| 0.51 | AMLX | Amylyx Pharmaceuticals | PairCorr |
| 0.51 | CRVS | Corvus Pharmaceuticals | PairCorr |
| 0.41 | AFMD | Affimed NV | PairCorr |
| 0.36 | ABOS | Acumen Pharmaceuticals | PairCorr |
| 0.37 | DAWN | Day One Biopharmaceu | PairCorr |
| 0.32 | WF | Woori Financial Group Earnings Call This Week | PairCorr |
Related Correlations Analysis
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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 Ainos Stock performing well and Ainos 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 Ainos' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ALHC | 2.46 | 0.53 | 0.16 | 0.66 | 2.75 | 5.71 | 17.00 | |||
| SUM | 0.94 | 0.39 | 0.31 | 9.77 | 0.15 | 4.18 | 9.88 | |||
| HUSIF | 2.85 | (0.34) | 0.00 | 0.53 | 0.00 | 5.26 | 38.64 | |||
| IPXXU | 1.87 | 0.44 | 0.06 | 2.26 | 2.00 | 5.11 | 31.67 | |||
| ORI | 1.00 | 0.13 | 0.06 | 0.30 | 1.15 | 2.59 | 7.51 | |||
| EGP | 1.07 | (0.10) | 0.00 | (39.97) | 0.00 | 1.87 | 7.44 | |||
| ELVA | 3.04 | 0.26 | 0.06 | 0.50 | 3.55 | 8.52 | 25.67 |
Ainos Corporate Management
| HuiLan Wu | Chief Officer | Profile | |
| HsinLiang Lee | Chief Officer | Profile | |
| Lawrence Lin | Executive Operations | Profile | |
| MengLin Sung | Chief Officer | Profile | |
| John Esq | Corp Counsel | Profile |