Harrow Health Correlations
HROWL Stock | USD 25.39 0.06 0.24% |
The current 90-days correlation between Harrow Health 8625 and SiriusPoint is 0.04 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Harrow Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Harrow Health 8625 moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Harrow Health Correlation With Market
Significant diversification
The correlation between Harrow Health 8625 and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Harrow Health 8625 and DJI in the same portfolio, assuming nothing else is changed.
Harrow |
Moving together with Harrow Stock
0.79 | AZN | AstraZeneca PLC ADR | PairCorr |
0.65 | LLY | Eli Lilly | PairCorr |
0.85 | PLX | Protalix Biotherapeutics | PairCorr |
0.82 | SNY | Sanofi ADR | PairCorr |
0.67 | GILD | Gilead Sciences | PairCorr |
0.73 | GOSS | Gossamer Bio | PairCorr |
0.77 | DRMAW | Dermata Therapeutics | PairCorr |
0.72 | NVCT | Nuvectis Pharma | PairCorr |
0.8 | AMGN | Amgen Inc | PairCorr |
Moving against Harrow Stock
0.9 | VINC | Vincerx Pharma Earnings Call This Week | PairCorr |
0.88 | ZURA | Zura Bio Limited | PairCorr |
0.85 | MLTX | MoonLake Immunotherapeuti | PairCorr |
0.7 | IMMX | Immix Biopharma | PairCorr |
0.69 | CDIOW | Cardio Diagnostics | PairCorr |
0.69 | MRK | Merck Company | PairCorr |
0.65 | ELVN | Enliven Therapeutics | PairCorr |
0.63 | INBX | Inhibrx Symbol Change | PairCorr |
0.58 | GPCR | Structure Therapeutics | PairCorr |
0.51 | IMRX | Immuneering Corp | PairCorr |
0.39 | OCEAW | Ocean Biomedical | PairCorr |
0.31 | ELEV | Elevation Oncology | PairCorr |
0.89 | CRNX | Crinetics Pharmaceuticals | PairCorr |
0.84 | CDIO | Cardio Diagnostics | PairCorr |
0.8 | CGEM | Cullinan Oncology LLC | PairCorr |
0.76 | ATNF | 180 Life Sciences | PairCorr |
0.71 | BIIB | Biogen Inc | PairCorr |
0.7 | ASMB | Assembly Biosciences Earnings Call This Week | PairCorr |
0.69 | SCLX | Scilex Holding | PairCorr |
0.68 | PYXS | Pyxis Oncology | PairCorr |
0.66 | PMVP | Pmv Pharmaceuticals | PairCorr |
0.61 | AVTE | Aerovate Therapeutics | PairCorr |
0.56 | CNSP | Cns Pharmaceuticals | PairCorr |
0.49 | CELC | Celcuity LLC Earnings Call This Week | PairCorr |
0.42 | ADVM | Adverum Biotechnologies | PairCorr |
0.38 | PHIO | Phio Pharmaceuticals Corp | PairCorr |
0.34 | CMND | Clearmind Medicine Common | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Harrow Stock performing well and Harrow Health 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 Harrow Health'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
BWSN | 0.81 | (0.17) | 0.00 | (2.46) | 0.00 | 1.59 | 6.88 | |||
BWNB | 1.45 | (0.17) | 0.00 | (14.84) | 0.00 | 3.43 | 8.32 | |||
RILYT | 3.07 | 0.22 | 0.07 | 0.21 | 3.14 | 9.11 | 22.83 | |||
RILYO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
SPNT-PB | 0.19 | 0.00 | 0.26 | 0.01 | 0.21 | 0.48 | 1.08 |