Cellectis Correlations
| CMVLF Stock | USD 1.25 0.00 0.00% |
The current 90-days correlation between Cellectis SA and Covalon Technologies is 0.06 (i.e., Significant diversification). The correlation of Cellectis 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.
Cellectis Correlation With Market
Good diversification
The correlation between Cellectis SA and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cellectis SA and DJI in the same portfolio, assuming nothing else is changed.
Cellectis |
The ability to find closely correlated positions to Cellectis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cellectis 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 Cellectis - 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 Cellectis SA to buy it.
Moving together with Cellectis Pink Sheet
| 0.85 | NVO | Novo Nordisk AS Earnings Call This Week | PairCorr |
| 0.83 | NONOF | Novo Nordisk AS Earnings Call This Week | PairCorr |
| 0.62 | CSLLY | CSL | PairCorr |
| 0.65 | QSAM | Qsam Biosciences | PairCorr |
| 0.69 | PBCRY | Bank Central Asia | PairCorr |
| 0.67 | AA | Alcoa Corp | PairCorr |
| 0.66 | MCD | McDonalds Earnings Call This Week | PairCorr |
Moving against Cellectis Pink Sheet
| 0.76 | LPTH | LightPath Technologies Earnings Call This Week | PairCorr |
| 0.74 | ARGX | argenx NV ADR | PairCorr |
| 0.74 | JPHLF | Japan Post Holdings | PairCorr |
| 0.61 | MBFJF | Mitsubishi UFJ Financial Earnings Call This Week | PairCorr |
| 0.52 | V | Visa Class A | PairCorr |
| 0.41 | CHKP | Check Point Software Earnings Call This Week | PairCorr |
| 0.81 | GILT | Gilat Satellite Networks | PairCorr |
| 0.61 | AXP | American Express | PairCorr |
| 0.6 | CSCO | Cisco Systems | PairCorr |
| 0.46 | GE | GE Aerospace | PairCorr |
| 0.44 | WMT | Walmart Aggressive Push | PairCorr |
| 0.31 | BAMXF | Bayerische Motoren Werke | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between Cellectis Pink Sheet performing well and Cellectis 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 Cellectis' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CVALF | 2.62 | (0.01) | 0.00 | 0.09 | 0.00 | 6.67 | 17.05 | |||
| BIOAF | 2.98 | 1.40 | 0.00 | 0.95 | 0.00 | 0.00 | 100.00 | |||
| CPMV | 6.68 | 1.12 | 0.05 | 1.82 | 9.34 | 19.51 | 103.93 | |||
| CRPOF | 123.42 | 63.86 | 8.56 | (2.91) | 0.00 | 10.53 | 4,159 | |||
| BITRF | 9.71 | 4.64 | 0.00 | (1.78) | 0.00 | 2.04 | 307.38 | |||
| RVXCF | 4.77 | 0.14 | 0.00 | 0.24 | 7.65 | 33.33 | 58.33 | |||
| DMTTF | 5.51 | 0.10 | 0.00 | (0.03) | 7.43 | 11.80 | 56.62 | |||
| APTCF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CHNXF | 6.59 | 2.94 | 0.00 | (0.44) | 0.00 | 20.00 | 202.43 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Cellectis 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?
Run Bonds Directory Now
Bonds DirectoryFind actively traded corporate debentures issued by US companies |
| All Next | Launch Module |
Cellectis Corporate Management
| MarieBleuenn Terrier | General Counsel, Member of the Executive Committee | Profile | |
| Dr MBA | Chief Officer | Profile | |
| Valerie Cros | Principal Officer | Profile | |
| Kyung NamWortman | Ex Officer | Profile | |
| Philippe Duchateau | Chief Scientific Officer | Profile |