GeoVax Labs Correlations

GOVX Stock

USD 2.95 0.25 9.26%

The current 90-days correlation between GeoVax Labs and Jaguar Animal Health is 0.08 (i.e., Significant diversification). The correlation of GeoVax Labs 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.

GeoVax Labs Correlation With Market

Average diversification

The correlation between GeoVax Labs and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GeoVax Labs 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 GeoVax Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

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

Moving together with GeoVax Stock

0.72	VALN	Valneva SE ADR	Pair Corr
0.79	BACK	IMAC Holdings	Pair Corr
0.63	CYRX	Cryoport	Pair Corr
0.72	EC	Ecopetrol SA ADR	Pair Corr

Moving against GeoVax Stock

0.53	MLYS	Mineralys Therapeutics,	Pair Corr
0.5	KZR	Kezar Life Sciences	Pair Corr
0.4	NXGLW	NexGel Warrant	Pair Corr
0.78	T	ATT Inc Aggressive Push	Pair Corr
0.7	HD	Home Depot	Pair Corr
0.67	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.67	IBM	International Business Fiscal Year End 22nd of January 2025	Pair Corr
0.59	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr
0.57	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.55	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.53	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr
0.51	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.4	VFS	VinFast Auto Earnings Call This Week	Pair Corr
0.39	HPQ	HP Inc	Pair Corr

Related Correlations Analysis

	EFTR	VIRI	ZURA	NAVB	ZVSA	PHIO	SONN	ATNF	CDIO	KRBP
EFTR		0.58	-0.07	0.57	0.49	0.22	0.24	-0.15	0.46	0.31	EFTR
VIRI	0.58		0.06	0.57	0.76	0.31	0.58	-0.14	0.14	0.53	VIRI
ZURA	-0.07	0.06		-0.25	0.16	0.33	0.16	0.55	-0.04	-0.21	ZURA
NAVB	0.57	0.57	-0.25		0.56	-0.1	0.32	-0.3	0.71	0.56	NAVB
ZVSA	0.49	0.76	0.16	0.56		0.4	0.76	-0.24	0.12	0.61	ZVSA
PHIO	0.22	0.31	0.33	-0.1	0.4		0.58	0.02	-0.02	0.3	PHIO
SONN	0.24	0.58	0.16	0.32	0.76	0.58		-0.18	-0.03	0.73	SONN
ATNF	-0.15	-0.14	0.55	-0.3	-0.24	0.02	-0.18		-0.08	-0.36	ATNF
CDIO	0.46	0.14	-0.04	0.71	0.12	-0.02	-0.03	-0.08		0.24	CDIO
KRBP	0.31	0.53	-0.21	0.56	0.61	0.3	0.73	-0.36	0.24		KRBP
	EFTR	VIRI	ZURA	NAVB	ZVSA	PHIO	SONN	ATNF	CDIO	KRBP

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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

ZVSA	+ 0.76	VIRI
SONN	+ 0.76	ZVSA
KRBP	+ 0.73	SONN
CDIO	+ 0.71	NAVB
KRBP	+ 0.61	ZVSA
VIRI	+ 0.58	EFTR

High negative correlations

KRBP	- 0.36	ATNF
ATNF	- 0.3	NAVB
NAVB	- 0.25	ZURA
ATNF	- 0.24	ZVSA
KRBP	- 0.21	ZURA
ATNF	- 0.18	SONN

Risk-Adjusted Indicators

There is a big difference between GeoVax Stock performing well and GeoVax Labs 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 GeoVax Labs' 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
EFTR	7.57	(4.50)	0.00	8.68	0.00	0.00	8.70	(27.78)	88.91
VIRI	5.85	(0.32)	0.00	1.20	0.00	0.00	12.46	(10.62)	50.54
ZURA	3.89	(0.50)	0.00	(0.15)	0.00	0.00	7.95	(7.94)	30.69
NAVB	6.04	(1.06)	0.00	3.05	0.00	0.00	12.50	(12.50)	40.40
ZVSA	4.13	(0.89)	0.00	0.54	0.00	0.00	7.57	(9.60)	78.93
PHIO	4.66	(0.28)	0.00	(0.11)	0.00	0.00	11.78	(10.38)	36.22
SONN	4.81	(0.70)	0.00	2.52	0.00	0.00	12.31	(9.79)	37.58
ATNF	12.98	2.59	0.38	0.54	7.28	(23.94)	16.10	(11.29)	358.73
CDIO	6.20	(0.86)	0.00	(0.06)	0.00	0.00	12.00	(13.16)	57.04
KRBP	6.00	(0.11)	0.00	0.34	0.00	0.00	12.04	(10.96)	65.24

GeoVax Labs Corporate Management

CPA CPA	CFO Sec	Profile
Mark Newman	Chief Officer	Profile
Jeffrey Welch	Head Operations	Profile
John Sharkey	Vice Development	Profile

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