Brainstorm Cell Correlations

BCLI Stock

USD 1.82 0.01 0.55%

The current 90-days correlation between Brainstorm Cell Ther and HCW Biologics is 0.03 (i.e., Significant diversification). The correlation of Brainstorm Cell 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.

Brainstorm Cell Correlation With Market

Good diversification

The correlation between Brainstorm Cell Therapeutics and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brainstorm Cell Therapeutics 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 Brainstorm Cell 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 bureau of economic analysis.

Moving together with Brainstorm Stock

0.69	ALTS	ALT5 Sigma Symbol Change	Pair Corr
0.64	BFRI	Biofrontera	Pair Corr

Moving against Brainstorm Stock

0.77	EHC	Encompass Health Corp Earnings Call This Week	Pair Corr
0.77	NHC	National HealthCare	Pair Corr
0.69	PNTG	Pennant Group	Pair Corr
0.64	SEM	Select Medical Holdings	Pair Corr
0.63	MD	Mednax Inc	Pair Corr
0.61	DERM	Journey Medical Corp Upward Rally	Pair Corr
0.6	CVS	CVS Health Corp Earnings Call This Week	Pair Corr
0.59	INNV	InnovAge Holding Corp Earnings Call This Week	Pair Corr
0.58	ENSG	Ensign Group	Pair Corr
0.47	AMGN	Amgen Inc Earnings Call This Week	Pair Corr
0.44	JNJ	Johnson Johnson	Pair Corr
0.41	UPC	Universe Pharmaceuticals	Pair Corr
0.71	688670	Jiangsu GDK Biotechnology	Pair Corr
0.69	300871	Wuhan Hvsen Biotechnology	Pair Corr
0.65	688739	Liaoning Chengda Bio	Pair Corr
0.65	VLY	Valley National Bancorp	Pair Corr
0.65	906548CR1	US906548CR12	Pair Corr
0.61	300439	Ningbo MedicalSystem	Pair Corr
0.61	301301	Yili Chuanning Biote	Pair Corr
0.58	688639	Anhui Huaheng Biotec	Pair Corr
0.5	688217	Shanghai Rightongene	Pair Corr
0.5	BRK-B	Berkshire Hathaway	Pair Corr
0.32	300942	Shenzhen Bioeasy Bio	Pair Corr

Related Correlations Analysis

	PLX	CRVS	ALDX	GMDA	CKPT	HOWL	EWTX	DBTX	CELC	CCCC
PLX		-0.78	-0.15	-0.07	-0.41	-0.88	-0.9	0.12	-0.86	-0.84	PLX
CRVS	-0.78		0.14	0.22	0.49	0.75	0.81	-0.01	0.68	0.72	CRVS
ALDX	-0.15	0.14		-0.25	-0.11	0.42	0.2	-0.26	0.45	0.43	ALDX
GMDA	-0.07	0.22	-0.25		0.7	-0.12	0.0	0.83	-0.16	-0.25	GMDA
CKPT	-0.41	0.49	-0.11	0.7		0.31	0.31	0.53	0.2	0.15	CKPT
HOWL	-0.88	0.75	0.42	-0.12	0.31		0.82	-0.34	0.89	0.9	HOWL
EWTX	-0.9	0.81	0.2	0.0	0.31	0.82		-0.18	0.78	0.84	EWTX
DBTX	0.12	-0.01	-0.26	0.83	0.53	-0.34	-0.18		-0.29	-0.43	DBTX
CELC	-0.86	0.68	0.45	-0.16	0.2	0.89	0.78	-0.29		0.9	CELC
CCCC	-0.84	0.72	0.43	-0.25	0.15	0.9	0.84	-0.43	0.9		CCCC
	PLX	CRVS	ALDX	GMDA	CKPT	HOWL	EWTX	DBTX	CELC	CCCC

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

CCCC	+ 0.9	HOWL
CCCC	+ 0.9	CELC
CELC	+ 0.89	HOWL
CCCC	+ 0.84	EWTX
DBTX	+ 0.83	GMDA
EWTX	+ 0.82	HOWL

High negative correlations

EWTX	- 0.9	PLX
HOWL	- 0.88	PLX
CELC	- 0.86	PLX
CCCC	- 0.84	PLX
CRVS	- 0.78	PLX
CCCC	- 0.43	DBTX

Risk-Adjusted Indicators

There is a big difference between Brainstorm Stock performing well and Brainstorm Cell 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 Brainstorm Cell'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
PLX	3.01	1.38	0.36	(5.06)	2.35	(4.11)	7.61	(4.92)	27.92
CRVS	3.98	(0.41)	0.00	(0.44)	0.00	0.00	7.96	(8.82)	44.90
ALDX	2.93	0.06	0.00	0.83	3.79	(3.31)	5.45	(6.70)	20.08
GMDA	3.41	(0.15)	0.00	(0.19)	0.00	0.00	6.81	(7.28)	28.30
CKPT	3.94	(0.22)	0.00	(0.35)	0.00	0.00	8.15	(6.69)	18.94
HOWL	3.23	(1.27)	0.00	(0.88)	0.00	0.00	6.74	(8.20)	18.29
EWTX	2.69	(0.41)	0.00	(0.15)	0.00	0.00	4.81	(5.54)	26.07
DBTX	3.74	0.41	0.07	(1.14)	4.12	(4.38)	7.85	(7.45)	26.09
CELC	2.41	(0.47)	0.00	(0.60)	0.00	0.00	5.38	(6.12)	16.97
CCCC	4.02	(0.75)	0.00	(0.39)	0.00	0.00	8.59	(7.99)	24.60

Brainstorm Cell Corporate Management

Antal PearlLendner	VP Counsel	Profile
Daniel Offen	Chief Advisor	Profile
Ibrahim MD	Executive Officer	Profile
Mary Turner	Senior Affairs	Profile
Netta BlondheimShraga	Senior Development	Profile
Stacy Lindborg	CoChief Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC