Moolec Science Correlations
| MLEC Stock | 13.30 2.02 13.19% |
The current 90-days correlation between Moolec Science SA and Aprea Therapeutics is 0.09 (i.e., Significant diversification). The correlation of Moolec Science 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.
Moolec Science Correlation With Market
Average diversification
The correlation between Moolec Science SA and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Moolec Science SA and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Moolec Stock
Moving against Moolec Stock
| 0.59 | OSE | OSE Pharma SA | PairCorr |
| 0.47 | VCYT | Veracyte | PairCorr |
| 0.46 | RAC | Race Oncology | PairCorr |
| 0.64 | DXB | Dimerix | PairCorr |
| 0.45 | DRMA | Dermata Therapeutics | PairCorr |
| 0.39 | ABNX | Abionyx Pharma SA Earnings Call This Week | PairCorr |
| 0.33 | VERA | Vera Therapeutics | PairCorr |
| 0.78 | 9OF | BIORESTORATTHERAPDL | PairCorr |
| 0.57 | DYAI | Dyadic International | PairCorr |
| 0.55 | BIM | Biomerieux SA | PairCorr |
| 0.36 | IGS1 | India Globalization | PairCorr |
Related Correlations Analysis
| 0.75 | -0.54 | 0.53 | 0.22 | APRE | ||
| 0.75 | -0.22 | 0.19 | 0.17 | ADIL | ||
| -0.54 | -0.22 | -0.4 | -0.24 | KPRX | ||
| 0.53 | 0.19 | -0.4 | 0.05 | CDIO | ||
| 0.22 | 0.17 | -0.24 | 0.05 | PHIO | ||
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 Moolec Stock performing well and Moolec Science 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 Moolec Science'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| APRE | 4.50 | (0.21) | 0.00 | (0.09) | 0.00 | 11.29 | 46.26 | |||
| ADIL | 3.16 | (1.58) | 0.00 | (2.33) | 0.00 | 5.70 | 34.48 | |||
| KPRX | 2.42 | 0.14 | 0.05 | 0.27 | 2.52 | 4.44 | 16.69 | |||
| CDIO | 9.04 | 2.02 | 0.31 | 0.65 | 6.07 | 25.48 | 80.69 | |||
| PHIO | 4.55 | 0.17 | 0.03 | 0.21 | 5.60 | 7.34 | 56.33 |
Moolec Science Corporate Executives
Elected by the shareholders, the Moolec Science's board of directors comprises two types of representatives: Moolec Science inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Moolec. The board's role is to monitor Moolec Science's management team and ensure that shareholders' interests are well served. Moolec Science's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Moolec Science's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Martin Salinas | CoFounder Technology | Profile | |
| Henk Hoogenkamp | CoFounder Officer | Profile |