Cingulate Warrants Correlations

CINGW Stock

USD 0.05 0.01 14.53%

The current 90-days correlation between Cingulate Warrants and Eliem Therapeutics is 0.12 (i.e., Average diversification). The correlation of Cingulate Warrants 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.

Cingulate Warrants Correlation With Market

Good diversification

The correlation between Cingulate Warrants 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 Cingulate Warrants 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 Cingulate Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

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

Moving together with Cingulate Stock

0.68	ME	23Andme Holding	Pair Corr
0.66	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.62	IPSC	Century Therapeutics	Pair Corr
0.71	MTEM	Molecular Templates	Pair Corr
0.68	TPST	Tempest Therapeutics	Pair Corr
0.63	AGL	agilon health Buyout Trend	Pair Corr
0.65	SHG	Shinhan Financial	Pair Corr
0.66	EC	Ecopetrol SA ADR	Pair Corr
0.68	HYMTF	Hyundai Motor	Pair Corr
0.65	TLK	Telkom Indonesia Tbk	Pair Corr

Moving against Cingulate Stock

0.67	MDGL	Madrigal Pharmaceuticals	Pair Corr
0.37	NXGLW	NexGel Warrant	Pair Corr
0.35	RNXT	RenovoRx	Pair Corr
0.33	KEP	Korea Electric Power	Pair Corr
0.31	MLYS	Mineralys Therapeutics,	Pair Corr
0.64	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.63	BAC	Bank of America Aggressive Push	Pair Corr
0.48	T	ATT Inc Sell-off Trend	Pair Corr
0.46	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.4	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.39	KB	KB Financial Group	Pair Corr
0.36	HPQ	HP Inc	Pair Corr
0.35	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr

Related Correlations Analysis

	ELYM	HCWB	SCPH	MIST	MCRB	LUMO
ELYM		-0.02	0.86	-0.55	0.8	-0.68	ELYM
HCWB	-0.02		-0.17	0.1	0.11	-0.01	HCWB
SCPH	0.86	-0.17		-0.54	0.7	-0.58	SCPH
MIST	-0.55	0.1	-0.54		-0.39	0.51	MIST
MCRB	0.8	0.11	0.7	-0.39		-0.63	MCRB
LUMO	-0.68	-0.01	-0.58	0.51	-0.63		LUMO
	ELYM	HCWB	SCPH	MIST	MCRB	LUMO

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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

SCPH	+ 0.86	ELYM
MCRB	+ 0.8	ELYM
MCRB	+ 0.7	SCPH
LUMO	+ 0.51	MIST
MCRB	+ 0.11	HCWB
MIST	+ 0.1	HCWB

High negative correlations

LUMO	- 0.68	ELYM
LUMO	- 0.63	MCRB
LUMO	- 0.58	SCPH
MIST	- 0.55	ELYM
MIST	- 0.54	SCPH
MCRB	- 0.39	MIST

Risk-Adjusted Indicators

There is a big difference between Cingulate Stock performing well and Cingulate Warrants 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 Cingulate Warrants' 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
ELYM	3.92	(0.78)	0.00	0.73	0.00	0.00	6.21	(9.35)	34.87
HCWB	13.20	4.04	0.35	(1.01)	8.16	(22.22)	22.00	(16.67)	352.85
SCPH	2.64	(0.84)	0.00	(0.35)	0.00	0.00	4.05	(7.09)	20.70
MIST	1.90	0.19	0.12	0.24	1.61	(2.80)	7.19	(2.11)	18.66
MCRB	4.93	0.19	0.02	0.60	5.66	(5.85)	10.84	(9.78)	28.84
LUMO	2.44	0.38	0.06	(0.43)	2.72	(2.74)	5.95	(5.19)	16.25

Cingulate Warrants Corporate Executives

Elected by the shareholders, the Cingulate Warrants' board of directors comprises two types of representatives: Cingulate Warrants inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cingulate. The board's role is to monitor Cingulate Warrants' management team and ensure that shareholders' interests are well served. Cingulate Warrants' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cingulate Warrants' outside directors are responsible for providing unbiased perspectives on the board's policies.

	Jennifer CPA	Senior CFO	Profile
	Dr MBA	Executive COO	Profile

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