Frequency Therapeutics Correlations

Summary

FREQDelisted Stock

USD 0.52 0.03 5.45%

The current 90-days correlation between Frequency Therapeutics and Lineage Cell Therapeutics is 0.07 (i.e., Significant diversification). The correlation of Frequency Therapeutics 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.

Frequency Therapeutics Correlation With Market

Average diversification

The correlation between Frequency Therapeutics and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Frequency Therapeutics and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Moving together with Frequency Stock

0.66

MMM

3M Company Fiscal Year End 28th of January 2025

Pair Corr

Moving against Frequency Stock

0.48	PTAIF	PT Astra International	Pair Corr
0.47	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr
0.38	VZ	Verizon Communications Aggressive Push	Pair Corr
0.36	HPQ	HP Inc	Pair Corr
0.33	TRV	The Travelers Companies	Pair Corr
0.31	PTAIY	Astra International Tbk	Pair Corr

Related Correlations Analysis

	LCTX	MAIA	ARMP	PRTG	PMVP	OLMA	SRRK	PASG	STTK
LCTX		0.8	0.72	0.15	0.57	0.8	-0.85	-0.4	0.51	LCTX
MAIA	0.8		0.51	0.25	0.63	0.76	-0.72	-0.2	0.4	MAIA
ARMP	0.72	0.51		-0.03	0.55	0.76	-0.69	-0.11	0.41	ARMP
PRTG	0.15	0.25	-0.03		0.08	0.15	-0.15	-0.22	0.23	PRTG
PMVP	0.57	0.63	0.55	0.08		0.82	-0.67	0.13	0.31	PMVP
OLMA	0.8	0.76	0.76	0.15	0.82		-0.78	-0.06	0.45	OLMA
SRRK	-0.85	-0.72	-0.69	-0.15	-0.67	-0.78		0.46	-0.27	SRRK
PASG	-0.4	-0.2	-0.11	-0.22	0.13	-0.06	0.46		0.0	PASG
STTK	0.51	0.4	0.41	0.23	0.31	0.45	-0.27	0.0		STTK
	LCTX	MAIA	ARMP	PRTG	PMVP	OLMA	SRRK	PASG	STTK

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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

OLMA	+ 0.82	PMVP
MAIA	+ 0.8	LCTX
OLMA	+ 0.8	LCTX
OLMA	+ 0.76	MAIA
OLMA	+ 0.76	ARMP
ARMP	+ 0.72	LCTX

High negative correlations

SRRK	- 0.85	LCTX
SRRK	- 0.78	OLMA
SRRK	- 0.72	MAIA
SRRK	- 0.69	ARMP
SRRK	- 0.67	PMVP
PASG	- 0.4	LCTX

Risk-Adjusted Indicators

There is a big difference between Frequency Stock performing well and Frequency Therapeutics 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 Frequency Therapeutics' 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
LCTX	4.69	(0.10)	0.00	0.11	0.00	0.00	12.00	(8.62)	39.60
MAIA	4.08	(0.29)	0.00	(0.64)	0.00	0.00	7.08	(10.50)	26.04
ARMP	2.98	(0.06)	0.00	(0.08)	0.00	0.00	6.09	(8.22)	33.83
PRTG	7.32	0.89	0.07	(0.06)	7.42	(8.92)	8.33	(12.61)	204.10
PMVP	1.91	(0.28)	0.00	(0.70)	0.00	0.00	4.32	(4.73)	13.98
OLMA	4.28	(1.06)	0.00	(0.46)	0.00	0.00	7.39	(12.02)	31.66
SRRK	3.36	0.79	0.23	0.75	2.97	(3.87)	6.39	(5.26)	31.62
PASG	7.06	0.65	0.08	(1.61)	6.99	(9.28)	20.97	(11.88)	84.39
STTK	4.16	(0.26)	0.00	1.33	0.00	0.00	10.62	(9.01)	22.78

View Frequency Therapeutics Related Equities

Lineage Cell Therapeutics MAIA Biotechnology Armata Pharmaceuticals Portage Biotech Pmv Pharmaceuticals Olema Pharmaceuticals Scholar Rock Holding Passage Bio Shattuck Labs C4 Therapeutics ELYM Old Prelude Therapeutics Monte Rosa Therapeutics Absci Corp Adverum Biotechnologies

Risk & Return

Correlation

Frequency Therapeutics Corporate Management

John LaMattina	Advisor Board	Profile
David Lucchino	President, CoFounder	Profile
James Abely	Associate Sec	Profile
Christopher Loose	CoFounder Officer	Profile
Jason Glashow	Sr Affairs	Profile
William MD	VP Medicine	Profile
Quentin McCubbin	Chief Officer	Profile

Still Interested in Frequency Therapeutics?

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