Artivion Correlations

AORT Stock

USD 28.41 0.14 0.50%

The current 90-days correlation between Artivion and Nutex Health is 0.08 (i.e., Significant diversification). The correlation of Artivion 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.

Artivion Correlation With Market

Poor diversification

The correlation between Artivion and DJI is 0.61 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Artivion 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 Artivion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

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

Moving together with Artivion Stock

0.64	VMD	Viemed Healthcare	Pair Corr
0.7	ITGR	Integer Holdings Corp	Pair Corr
0.64	NXGL	Nexgel Inc	Pair Corr
0.63	OMIC	Singular Genomics Systems	Pair Corr
0.67	CRVL	CorVel Corp	Pair Corr
0.65	EWTX	Edgewise Therapeutics	Pair Corr
0.77	EXEL	Exelixis	Pair Corr
0.72	BMY	Bristol Myers Squibb Sell-off Trend	Pair Corr

Moving against Artivion Stock

0.63	EVH	Evolent Health	Pair Corr
0.53	AGL	agilon health Buyout Trend	Pair Corr
0.53	PHG	Koninklijke Philips	Pair Corr
0.49	AMN	AMN Healthcare Services	Pair Corr
0.47	FORA	Forian Inc	Pair Corr
0.63	ME	23Andme Holding	Pair Corr
0.63	DOMH	Dominari Holdings	Pair Corr
0.5	VALN	Valneva SE ADR	Pair Corr
0.38	VCNX	Vaccinex	Pair Corr
0.72	HLN	Haleon plc	Pair Corr
0.69	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.65	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.64	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.61	LLY	Eli Lilly	Pair Corr
0.45	EXAS	EXACT Sciences	Pair Corr
0.35	TIL	Instil Bio	Pair Corr

Related Correlations Analysis

	EUDA	NUTX	HCTI	MGRX	ACON
EUDA		0.22	0.41	-0.46	0.48	EUDA
NUTX	0.22		0.61	-0.48	-0.09	NUTX
HCTI	0.41	0.61		-0.62	-0.05	HCTI
MGRX	-0.46	-0.48	-0.62		0.14	MGRX
ACON	0.48	-0.09	-0.05	0.14		ACON
	EUDA	NUTX	HCTI	MGRX	ACON

Click cells to compare fundamentals

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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

HCTI	+ 0.61	NUTX
ACON	+ 0.48	EUDA
HCTI	+ 0.41	EUDA
NUTX	+ 0.22	EUDA
ACON	+ 0.14	MGRX

High negative correlations

MGRX	- 0.62	HCTI
MGRX	- 0.48	NUTX
MGRX	- 0.46	EUDA
ACON	- 0.09	NUTX
ACON	- 0.05	HCTI

Risk-Adjusted Indicators

There is a big difference between Artivion Stock performing well and Artivion 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 Artivion'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
EUDA	4.66	0.05	0.00	0.21	6.79	(4.52)	9.70	(10.50)	26.33
NUTX	5.51	0.76	0.14	0.60	5.37	(6.39)	11.28	(9.19)	47.75
HCTI	7.89	1.80	0.16	(8.42)	8.74	(10.75)	10.34	(18.35)	131.09
MGRX	4.35	(0.53)	0.00	(3.42)	0.00	0.00	7.29	(10.11)	37.65
ACON	4.31	(0.51)	0.00	(0.10)	0.00	0.00	11.11	(10.00)	35.83

Artivion Corporate Management

Daniel Bevevino	Independent Director	Profile
Jean Holloway	Senior Vice President Chief Compliance Officer, General Counsel, Secretary	Profile
Jon Salveson	Independent Director	Profile
Andrew Green	Vice President - Regulatory Affairs	Profile
Thomas Ackerman	Independent Director	Profile
Rochelle Maney	Vice President - Global Quality Assurance	Profile

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