LMF Acquisition Correlations
ICUCW Stock | USD 0.03 0.01 20.75% |
The current 90-days correlation between LMF Acquisition Oppo and LMF Acquisition Opportunities is -0.1 (i.e., Good diversification). The correlation of LMF Acquisition 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.
LMF Acquisition Correlation With Market
Average diversification
The correlation between LMF Acquisition Opportunities and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding LMF Acquisition Opportunities and DJI in the same portfolio, assuming nothing else is changed.
LMF |
Moving together with LMF Stock
0.62 | JNJ | Johnson Johnson | PairCorr |
0.63 | UPC | Universe Pharmaceuticals | PairCorr |
0.71 | AMGN | Amgen Inc Earnings Call This Week | PairCorr |
0.63 | SHPH | Shuttle Pharmaceuticals | PairCorr |
0.63 | ENSG | Ensign Group | PairCorr |
Moving against LMF Stock
0.44 | LFCR | Lifecore Biomedical | PairCorr |
0.36 | BMY | Bristol Myers Squibb Earnings Call This Week | PairCorr |
0.6 | PLTR | Palantir Technologies Earnings Call This Week | PairCorr |
0.45 | V | Visa Class A | PairCorr |
0.42 | LPTH | LightPath Technologies Earnings Call This Week | PairCorr |
Related Correlations Analysis
-0.61 | -0.07 | -0.15 | 0.73 | ICU | ||
-0.61 | -0.28 | 0.01 | -0.58 | CDIOW | ||
-0.07 | -0.28 | 0.24 | 0.06 | REVBW | ||
-0.15 | 0.01 | 0.24 | 0.14 | OABIW | ||
0.73 | -0.58 | 0.06 | 0.14 | EFTRW | ||
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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
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Risk-Adjusted Indicators
There is a big difference between LMF Stock performing well and LMF Acquisition 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 LMF Acquisition'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
ICU | 4.53 | (0.45) | 0.00 | 0.58 | 0.00 | 8.15 | 26.62 | |||
CDIOW | 12.70 | 3.43 | 0.22 | (1.52) | 12.17 | 40.26 | 136.26 | |||
REVBW | 8.73 | 1.28 | 0.10 | 0.58 | 10.20 | 18.52 | 110.25 | |||
OABIW | 8.23 | 0.45 | 0.04 | 0.26 | 9.27 | 21.43 | 58.40 | |||
EFTRW | 20.69 | 0.79 | 0.02 | 0.84 | 25.07 | 67.39 | 201.01 |
LMF Acquisition Corporate Management
Sai Iyer | Senior Research | Profile | |
M FACP | Chief Officer | Profile | |
Tim Varacek | Senior Operations | Profile | |
Tom Mullen | Vice Development | Profile | |
Caryl Baron | Interim Officer | Profile | |
David MD | CoFounder Director | Profile |