GlycoMimetics Correlations

GLYC Stock

USD 0.32 0.01 3.03%

The current 90-days correlation between GlycoMimetics and AN2 Therapeutics is -0.02 (i.e., Good diversification). The correlation of GlycoMimetics 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.

GlycoMimetics Correlation With Market

Good diversification

The correlation between GlycoMimetics and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GlycoMimetics and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GlycoMimetics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

For information on how to trade GlycoMimetics Stock refer to our How to Trade GlycoMimetics Stock guide.

Moving together with GlycoMimetics Stock

0.77	MDGL	Madrigal Pharmaceuticals	Pair Corr
0.7	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr

Moving against GlycoMimetics Stock

0.76	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.74	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.73	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.68	ME	23Andme Holding	Pair Corr
0.68	MTEM	Molecular Templates	Pair Corr
0.66	NKTX	Nkarta Inc	Pair Corr
0.65	AGL	agilon health	Pair Corr
0.64	TPST	Tempest Therapeutics	Pair Corr
0.61	TCHH	Trustcash Holdings	Pair Corr
0.6	IPSC	Century Therapeutics	Pair Corr
0.57	A	Agilent Technologies Earnings Call This Week	Pair Corr
0.42	VALN	Valneva SE ADR	Pair Corr
0.87	KO	Coca Cola Aggressive Push	Pair Corr
0.82	HYMTF	Hyundai Motor	Pair Corr
0.79	TLK	Telkom Indonesia Tbk	Pair Corr
0.61	SHG	Shinhan Financial	Pair Corr
0.61	EC	Ecopetrol SA ADR	Pair Corr
0.58	WF	Woori Financial Group	Pair Corr
0.57	PG	Procter Gamble	Pair Corr
0.42	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.35	IBM	International Business Fiscal Year End 22nd of January 2025	Pair Corr

Related Correlations Analysis

	MLYS	FHTX	IVA	DYN	LIFE	TRVI	CUE	ANTX	BCAB
MLYS		-0.32	0.29	-0.38	-0.03	-0.06	0.8	-0.07	0.76	MLYS
FHTX	-0.32		-0.15	-0.05	0.24	0.48	-0.36	-0.2	-0.14	FHTX
IVA	0.29	-0.15		-0.28	0.01	-0.31	0.57	0.25	0.02	IVA
DYN	-0.38	-0.05	-0.28		0.02	0.08	-0.5	0.35	-0.26	DYN
LIFE	-0.03	0.24	0.01	0.02		0.23	-0.03	-0.47	0.19	LIFE
TRVI	-0.06	0.48	-0.31	0.08	0.23		-0.34	-0.35	0.02	TRVI
CUE	0.8	-0.36	0.57	-0.5	-0.03	-0.34		0.09	0.59	CUE
ANTX	-0.07	-0.2	0.25	0.35	-0.47	-0.35	0.09		-0.19	ANTX
BCAB	0.76	-0.14	0.02	-0.26	0.19	0.02	0.59	-0.19		BCAB
	MLYS	FHTX	IVA	DYN	LIFE	TRVI	CUE	ANTX	BCAB

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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

CUE	+ 0.8	MLYS
BCAB	+ 0.76	MLYS
BCAB	+ 0.59	CUE
CUE	+ 0.57	IVA
TRVI	+ 0.48	FHTX
ANTX	+ 0.35	DYN

High negative correlations

CUE	- 0.5	DYN
ANTX	- 0.47	LIFE
DYN	- 0.38	MLYS
CUE	- 0.36	FHTX
ANTX	- 0.35	TRVI
CUE	- 0.34	TRVI

Risk-Adjusted Indicators

There is a big difference between GlycoMimetics Stock performing well and GlycoMimetics 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 GlycoMimetics' 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
MLYS	2.68	(0.08)	0.03	0.09	3.37	(2.75)	6.27	(5.79)	20.98
FHTX	4.06	(0.21)	0.02	0.06	4.43	(4.53)	8.50	(6.81)	34.64
IVA	3.33	0.29	0.04	1.13	4.09	(4.56)	7.26	(6.92)	49.76
DYN	3.10	(0.80)	0.00	(0.20)	0.00	0.00	5.70	(5.63)	32.99
LIFE	2.57	0.46	0.09	(0.82)	2.62	(3.23)	6.45	(5.29)	28.98
TRVI	3.18	(0.08)	0.01	0.08	3.64	(3.55)	7.37	(6.01)	17.04
CUE	7.62	0.99	0.15	1.10	5.86	(12.72)	20.27	(11.51)	67.78
ANTX	1.88	0.19	0.06	0.32	1.89	(3.04)	2.88	(3.42)	28.03
BCAB	4.34	(0.33)	0.00	(0.07)	0.00	0.00	12.86	(7.59)	31.41

GlycoMimetics Corporate Executives

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

Brian Hahn

CFO and Principal Accounting Officer

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