Cybin Correlations

CYBN Stock

USD 10.64 0.82 8.35%

The current 90-days correlation between Cybin Inc and ATAI Life Sciences is 0.52 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cybin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cybin Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Cybin Correlation With Market

Average diversification

The correlation between Cybin Inc and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cybin Inc 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 Cybin Inc. 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.

Moving together with Cybin Stock

0.65	KB	KB Financial Group	Pair Corr
0.78	HPQ	HP Inc	Pair Corr
0.7	BAC	Bank of America Aggressive Push	Pair Corr
0.72	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.65	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr

Moving against Cybin Stock

0.69	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.68	NKTX	Nkarta Inc	Pair Corr
0.67	ME	23Andme Holding	Pair Corr
0.65	TPST	Tempest Therapeutics	Pair Corr
0.61	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.61	MTEM	Molecular Templates	Pair Corr
0.56	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.54	AGL	agilon health Buyout Trend	Pair Corr
0.51	TCHH	Trustcash Holdings	Pair Corr
0.45	VALN	Valneva SE ADR	Pair Corr
0.43	A	Agilent Technologies	Pair Corr
0.37	CYRX	Cryoport	Pair Corr
0.35	ROIV	Roivant Sciences	Pair Corr
0.32	IPSC	Century Therapeutics	Pair Corr
0.64	KO	Coca Cola Aggressive Push	Pair Corr
0.62	TLK	Telkom Indonesia Tbk	Pair Corr
0.6	HYMTF	Hyundai Motor	Pair Corr
0.56	PG	Procter Gamble	Pair Corr
0.54	EC	Ecopetrol SA ADR	Pair Corr
0.36	SHG	Shinhan Financial	Pair Corr
0.31	VFSWW	VinFast Auto	Pair Corr

Related Correlations Analysis

	MNMD	SEEL	GHRS	AWKNF	ATAI	FBIO	BPTH	VCNX	ELYM	OPT
MNMD		-0.62	0.41	0.39	0.73	-0.04	-0.41	-0.04	-0.49	-0.17	MNMD
SEEL	-0.62		0.11	-0.03	-0.34	0.27	0.36	0.5	0.67	-0.33	SEEL
GHRS	0.41	0.11		0.72	0.59	0.57	0.04	0.52	-0.09	-0.69	GHRS
AWKNF	0.39	-0.03	0.72		0.42	0.51	0.02	0.28	-0.24	-0.43	AWKNF
ATAI	0.73	-0.34	0.59	0.42		-0.08	-0.46	0.16	-0.3	-0.5	ATAI
FBIO	-0.04	0.27	0.57	0.51	-0.08		0.52	0.53	0.23	-0.31	FBIO
BPTH	-0.41	0.36	0.04	0.02	-0.46	0.52		0.0	0.24	0.23	BPTH
VCNX	-0.04	0.5	0.52	0.28	0.16	0.53	0.0		0.68	-0.84	VCNX
ELYM	-0.49	0.67	-0.09	-0.24	-0.3	0.23	0.24	0.68		-0.34	ELYM
OPT	-0.17	-0.33	-0.69	-0.43	-0.5	-0.31	0.23	-0.84	-0.34		OPT
	MNMD	SEEL	GHRS	AWKNF	ATAI	FBIO	BPTH	VCNX	ELYM	OPT

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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

ATAI	+ 0.73	MNMD
AWKNF	+ 0.72	GHRS
ELYM	+ 0.68	VCNX
ELYM	+ 0.67	SEEL
ATAI	+ 0.59	GHRS
FBIO	+ 0.57	GHRS

High negative correlations

OPT	- 0.84	VCNX
OPT	- 0.69	GHRS
SEEL	- 0.62	MNMD
OPT	- 0.5	ATAI
ELYM	- 0.49	MNMD
BPTH	- 0.46	ATAI

Risk-Adjusted Indicators

There is a big difference between Cybin Stock performing well and Cybin 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 Cybin'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
MNMD	3.54	0.08	0.08	0.15	3.75	(4.35)	9.76	(5.78)	24.75
SEEL	8.53	(3.29)	0.00	4.49	0.00	0.00	13.18	(25.00)	104.99
GHRS	3.43	(0.37)	0.00	(0.11)	0.00	0.00	8.59	(6.57)	26.09
AWKNF	9.52	1.31	0.05	(0.28)	11.41	(12.96)	19.14	(23.93)	93.51
ATAI	3.81	0.14	0.08	0.17	3.55	(5.49)	11.01	(6.56)	25.61
FBIO	3.05	(0.47)	0.00	(0.23)	0.00	0.00	7.43	(5.08)	26.13
BPTH	4.09	(0.45)	0.00	2.87	0.00	0.00	6.67	(8.08)	51.22
VCNX	6.00	(0.21)	0.00	(0.22)	0.00	0.00	11.11	(14.00)	54.95
ELYM	3.92	(0.95)	0.00	(5.36)	0.00	0.00	6.21	(9.35)	34.87
OPT	3.07	0.05	0.02	0.16	3.89	(3.58)	8.65	(7.49)	24.20

Cybin Corporate Management

Erica Olson	VP Controller	Profile
Alex Nivorozhkin	Chief Officer	Profile
Greg Cavers	Chief Officer	Profile
Gabriel Fahel	Chief Secretary	Profile
John Kanakis	CoFounder	Profile
Douglas Drysdale	Chief Officer	Profile

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