Curative Biotechnology Correlations

CUBT Stock

USD 0.01 0 8.70%

The current 90-days correlation between Curative Biotechnology and Biotron Limited is -0.23 (i.e., Very good diversification). The correlation of Curative Biotechnology 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.

Curative Biotechnology Correlation With Market

Good diversification

The correlation between Curative Biotechnology and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Curative Biotechnology 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 Curative Biotechnology. 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 labor statistics.

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

Moving together with Curative Stock

0.67

PFE

Pfizer Inc

Pair Corr

Moving against Curative Stock

0.69	VZ	Verizon Communications Aggressive Push	Pair Corr
0.67	CHHE	China Health Industries	Pair Corr
0.64	DD	Dupont De Nemours	Pair Corr
0.64	AA	Alcoa Corp	Pair Corr
0.49	EPGG	Empire Global Gaming	Pair Corr
0.47	HD	Home Depot	Pair Corr
0.47	CVX	Chevron Corp	Pair Corr
0.36	CAT	Caterpillar	Pair Corr
0.34	JNJ	Johnson Johnson	Pair Corr
0.32	DIS	Walt Disney	Pair Corr

Related Correlations Analysis

	BITRF	BIOAF	CVALF	CPMV	CRPOF	CMVLF	RVXCF	DMTTF
BITRF		0.28	-0.45	0.25	0.0	-0.48	-0.36	0.0	BITRF
BIOAF	0.28		-0.58	-0.16	0.0	-0.8	-0.31	0.0	BIOAF
CVALF	-0.45	-0.58		0.2	0.0	0.75	0.53	0.0	CVALF
CPMV	0.25	-0.16	0.2		0.0	0.12	0.27	0.0	CPMV
CRPOF	0.0	0.0	0.0	0.0		0.0	0.0	0.0	CRPOF
CMVLF	-0.48	-0.8	0.75	0.12	0.0		0.51	0.0	CMVLF
RVXCF	-0.36	-0.31	0.53	0.27	0.0	0.51		0.0	RVXCF
DMTTF	0.0	0.0	0.0	0.0	0.0	0.0	0.0		DMTTF
	BITRF	BIOAF	CVALF	CPMV	CRPOF	CMVLF	RVXCF	DMTTF

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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

CMVLF	+ 0.75	CVALF
RVXCF	+ 0.53	CVALF
RVXCF	+ 0.51	CMVLF
BIOAF	+ 0.28	BITRF
RVXCF	+ 0.27	CPMV
CPMV	+ 0.25	BITRF

High negative correlations

CMVLF	- 0.8	BIOAF
CVALF	- 0.58	BIOAF
CMVLF	- 0.48	BITRF
CVALF	- 0.45	BITRF
RVXCF	- 0.36	BITRF
RVXCF	- 0.31	BIOAF

Risk-Adjusted Indicators

There is a big difference between Curative Stock performing well and Curative Biotechnology 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 Curative Biotechnology'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
BITRF	10.16	4.19	0.00	0.95	0.00	0.00	1.85	(2.97)	307.38
BIOAF	3.15	0.85	0.00	(1.07)	0.00	0.00	0.00	0.00	150.00
CVALF	2.70	(0.28)	0.00	(1.14)	0.00	0.00	6.13	(5.24)	17.05
CPMV	6.99	1.40	0.05	(0.78)	9.62	(18.69)	19.51	(12.77)	103.93
CRPOF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CMVLF	1.86	(0.94)	0.00	2.89	0.00	0.00	0.00	0.00	40.94
RVXCF	5.65	0.26	0.00	0.02	0.00	0.00	33.33	(25.00)	58.33
DMTTF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Curative Biotechnology Corporate Management

BS BA	Vice Officer	Profile
Pam Bisikirski	Vice Communications	Profile
JD Esq	CFO, CEO	Profile
Ronald Bordens	Executive Board	Profile

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