Brainstorm Cell Correlations

BCLI Stock

USD 1.74 0.12 7.41%

The current 90-days correlation between Brainstorm Cell Ther and Gamida Cell is 0.02 (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

Average diversification

The correlation between Brainstorm Cell Therapeutics and DJI is 0.13 (i.e., Average 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

0.76	ME	23Andme Holding Upward Rally	Pair Corr
0.84	VALN	Valneva SE ADR	Pair Corr
0.73	VCNX	Vaccinex	Pair Corr
0.75	DRMA	Dermata Therapeutics	Pair Corr
0.62	DRRX	Durect	Pair Corr
0.87	DTIL	Precision BioSciences	Pair Corr
0.93	VINC	Vincerx Pharma	Pair Corr
0.62	VIRX	Viracta Therapeutics	Pair Corr
0.71	VRAX	Virax Biolabs Group	Pair Corr
0.9	VRCA	Verrica Pharmaceuticals	Pair Corr
0.61	VRPX	Virpax Pharmaceuticals	Pair Corr
0.74	CDTTW	Conduit Pharmaceuticals	Pair Corr
0.73	VTGN	VistaGen Therapeutics	Pair Corr

Moving against Brainstorm Stock

0.78	DRUG	Bright Minds Biosciences Trending	Pair Corr
0.73	SABSW	SAB Biotherapeutics	Pair Corr
0.7	VCYT	Veracyte	Pair Corr
0.68	VERA	Vera Therapeutics	Pair Corr
0.47	DSGN	Design Therapeutics	Pair Corr
0.38	DMAC	DiaMedica Therapeutics Trending	Pair Corr
0.33	VANI	Vivani Medical	Pair Corr
0.33	VCEL	Vericel Corp Ord	Pair Corr
0.9	VRNA	Verona Pharma PLC	Pair Corr
0.82	VSTM	Verastem Trending	Pair Corr
0.58	DVAX	Dynavax Technologies	Pair Corr
0.58	VRDN	Viridian Therapeutics	Pair Corr
0.55	VTRS	Viatris	Pair Corr
0.32	KTTAW	Pasithea Therapeutics	Pair Corr

Related Correlations Analysis

	PLX	CRVS	ALDX	GMDA	CKPT	HOWL	EWTX	DBTX	CELC	CCCC
PLX		0.68	-0.65	-0.52	0.74	-0.33	0.42	-0.35	-0.78	-0.77	PLX
CRVS	0.68		-0.62	-0.1	0.93	0.18	0.86	0.14	-0.26	-0.42	CRVS
ALDX	-0.65	-0.62		0.13	-0.62	0.31	-0.57	0.04	0.59	0.72	ALDX
GMDA	-0.52	-0.1	0.13		-0.28	0.21	0.35	0.83	0.37	0.39	GMDA
CKPT	0.74	0.93	-0.62	-0.28		0.22	0.73	-0.03	-0.31	-0.49	CKPT
HOWL	-0.33	0.18	0.31	0.21	0.22		0.22	0.4	0.6	0.45	HOWL
EWTX	0.42	0.86	-0.57	0.35	0.73	0.22		0.51	-0.11	-0.27	EWTX
DBTX	-0.35	0.14	0.04	0.83	-0.03	0.4	0.51		0.33	0.27	DBTX
CELC	-0.78	-0.26	0.59	0.37	-0.31	0.6	-0.11	0.33		0.78	CELC
CCCC	-0.77	-0.42	0.72	0.39	-0.49	0.45	-0.27	0.27	0.78		CCCC
	PLX	CRVS	ALDX	GMDA	CKPT	HOWL	EWTX	DBTX	CELC	CCCC

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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

CKPT	+ 0.93	CRVS
EWTX	+ 0.86	CRVS
DBTX	+ 0.83	GMDA
CCCC	+ 0.78	CELC
CKPT	+ 0.74	PLX
EWTX	+ 0.73	CKPT

High negative correlations

CELC	- 0.78	PLX
CCCC	- 0.77	PLX
ALDX	- 0.65	PLX
CKPT	- 0.62	ALDX
ALDX	- 0.62	CRVS
EWTX	- 0.57	ALDX

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	3.12	1.17	0.28	(1.38)	2.39	(4.07)	10.00	(5.56)	20.38
CRVS	3.75	1.14	0.29	0.91	3.06	(4.39)	9.38	(4.88)	23.11
ALDX	2.78	(0.25)	0.00	(0.03)	0.00	0.00	6.69	(5.26)	22.45
GMDA	3.41	(0.25)	0.00	(0.09)	0.00	0.00	6.81	(7.28)	28.30
CKPT	3.20	1.07	0.26	3.51	3.09	(3.75)	7.91	(5.73)	19.17
HOWL	4.67	(0.23)	(0.02)	0.02	4.52	(7.06)	8.54	(8.55)	49.02
EWTX	3.41	0.71	0.27	0.39	2.67	(3.91)	6.65	(4.64)	61.02
DBTX	3.74	0.46	0.06	(0.64)	4.12	(4.38)	7.85	(7.45)	26.09
CELC	2.27	(0.51)	0.00	(0.29)	0.00	0.00	4.55	(5.83)	16.97
CCCC	3.62	(0.55)	0.00	(0.33)	0.00	0.00	8.59	(7.98)	23.66

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

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