BioSig Technologies, Correlations
| BSGM Stock | USD 1.93 0.06 3.21% |
The current 90-days correlation between BioSig Technologies, and Biomerica is -0.15 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BioSig Technologies, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BioSig Technologies, Common moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
BioSig Technologies, Correlation With Market
Good diversification
The correlation between BioSig Technologies, Common and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BioSig Technologies, Common and DJI in the same portfolio, assuming nothing else is changed.
BioSig |
The ability to find closely correlated positions to BioSig Technologies, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BioSig Technologies, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BioSig Technologies, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BioSig Technologies, Common to buy it.
Moving together with BioSig OTC Stock
| 0.74 | OM | Outset Medical | PairCorr |
| 0.88 | VREX | Varex Imaging Corp | PairCorr |
| 0.84 | ECOR | Electrocore LLC Upward Rally | PairCorr |
| 0.62 | ELMD | Electromed | PairCorr |
| 0.81 | XAIR | Beyond Air | PairCorr |
| 0.65 | BSX | Boston Scientific Corp | PairCorr |
| 0.8 | MYO | Myomo Inc | PairCorr |
| 0.97 | NXL | Nexalin Technology | PairCorr |
| 0.94 | PEN | Penumbra | PairCorr |
| 0.78 | SYK | Stryker | PairCorr |
| 0.83 | GKOS | Glaukos Corp | PairCorr |
| 0.91 | GMED | Globus Medical | PairCorr |
Moving against BioSig OTC Stock
| 0.82 | PHG | Koninklijke Philips | PairCorr |
| 0.81 | BBLGW | Bone Biologics Corp | PairCorr |
| 0.75 | DYNT | Dynatronics | PairCorr |
| 0.68 | VERO | Venus Concept | PairCorr |
| 0.49 | QTI | QT Imaging Holdings Symbol Change | PairCorr |
| 0.39 | MDT | Medtronic PLC | PairCorr |
| 0.9 | SNN | Smith Nephew SNATS | PairCorr |
| 0.77 | XTNT | Xtant Medical Holdings | PairCorr |
| 0.68 | STE | STERIS plc | PairCorr |
| 0.62 | ZIMV | ZimVie Inc | PairCorr |
| 0.6 | HYPR | Hyperfine | PairCorr |
| 0.58 | HSCS | Heart Test Laboratories | PairCorr |
| 0.55 | INSP | Inspire Medical Systems | PairCorr |
| 0.45 | HSDT | Helius Medical Techn | PairCorr |
| 0.38 | KIDS | Orthopediatrics Corp | PairCorr |
| 0.37 | XYLO | Xylo Technologies Symbol Change | PairCorr |
| 0.34 | IRIX | IRIDEX | 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 BioSig OTC Stock performing well and BioSig Technologies, OTC Stock 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 BioSig Technologies,'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NPCE | 3.33 | 0.11 | 0.08 | 0.17 | 3.17 | 8.36 | 35.38 | |||
| INGN | 1.91 | (0.58) | 0.00 | (0.38) | 0.00 | 2.66 | 22.50 | |||
| SRDX | 0.49 | (0.06) | 0.00 | (0.05) | 0.00 | 1.26 | 3.22 | |||
| LUNG | 3.18 | (0.36) | 0.00 | (0.06) | 0.00 | 8.44 | 20.44 | |||
| APYX | 3.32 | 0.18 | 0.05 | 0.30 | 3.35 | 9.38 | 32.02 | |||
| NMTC | 3.65 | (0.29) | 0.00 | (0.24) | 0.00 | 9.30 | 25.16 | |||
| NMRD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BMRA | 4.31 | (0.62) | 0.00 | (0.21) | 0.00 | 9.38 | 25.24 | |||
| XAIR | 5.50 | 0.46 | 0.06 | 0.76 | 6.33 | 10.42 | 31.41 | |||
| TIVC | 4.75 | (0.32) | 0.00 | (0.30) | 0.00 | 12.12 | 79.31 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in BioSig Technologies, without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
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BioSig Technologies, Corporate Management
Elected by the shareholders, the BioSig Technologies,'s board of directors comprises two types of representatives: BioSig Technologies, inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BioSig. The board's role is to monitor BioSig Technologies,'s management team and ensure that shareholders' interests are well served. BioSig Technologies,'s inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BioSig Technologies,'s outside directors are responsible for providing unbiased perspectives on the board's policies.
| Steven CPA | Chief Officer | Profile | |
| John Sieckhaus | Chief Officer | Profile | |
| Budimir Drakulic | Chief Scientist | Profile | |
| Steven Buhaly | Chief Officer | Profile | |
| Gray Fleming | Chief Officer | Profile | |
| Andrew Ballou | Vice Relations | Profile |