Immunotech Laboratories Correlations

IMMB Stock  USD 0.0001  0.00  0.00%   
The correlation of Immunotech Laboratories 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Immunotech Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For information on how to trade Immunotech Stock refer to our How to Trade Immunotech Stock guide.

Moving together with Immunotech Stock

  1.0ADLI American Medical TecPairCorr

Related Correlations Analysis


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

MHTXSPPH
OPGXSPPH
REFGSPPH
BIOIFSPPH
OPGXMHTX
REFGMHTX
  

High negative correlations

BIOIFIPAH
REFGIPAH
OPGXIPAH
MHTXIPAH
IPAHSPPH
CBGLHADV

Risk-Adjusted Indicators

There is a big difference between Immunotech Stock performing well and Immunotech Laboratories 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 Immunotech Laboratories' 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
SPPH  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
PXYN  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
RBII  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
IPAH  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
MHTX  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
HADV  10.62  0.72  0.02 (0.67) 12.24 
 33.33 
 73.33 
CBGL  8.88  2.44  0.00 (0.99) 0.00 
 0.00 
 150.00 
OPGX  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
REFG  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
BIOIF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 

Immunotech Laboratories Corporate Executives

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