BioLife Solutions Correlations
BLFS Stock | USD 27.06 0.29 1.08% |
The current 90-days correlation between BioLife Solutions and Nutex Health is 0.28 (i.e., Modest diversification). The correlation of BioLife Solutions 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.
BioLife Solutions Correlation With Market
Weak diversification
The correlation between BioLife Solutions and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BioLife Solutions and DJI in the same portfolio, assuming nothing else is changed.
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BioLife Solutions Corporate Management
Sarah JD | Chief Officer | Profile | |
Troy Wichterman | Chief Officer | Profile | |
Geraint Phillips | Senior Operations | Profile | |
Troy CPA | Chief Officer | Profile |