MoonLake Immunotherapeuti Correlations

MLTX Stock

USD 54.17 0.15 0.28%

The current 90-days correlation between MoonLake Immunotherapeuti and Structure Therapeutics American is 0.22 (i.e., Modest diversification). The correlation of MoonLake Immunotherapeuti 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.

MoonLake Immunotherapeuti Correlation With Market

Very weak diversification

The correlation between MoonLake Immunotherapeutics and DJI is 0.51 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MoonLake Immunotherapeutics and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MoonLake Immunotherapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Moving against MoonLake Stock

0.48	EQ	Equillium	Pair Corr
0.47	BACK	IMAC Holdings	Pair Corr
0.45	VALN	Valneva SE ADR	Pair Corr
0.35	TCHH	Trustcash Holdings	Pair Corr
0.33	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.34	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Related Correlations Analysis

	TERN	DAWN	ABOS	AMLX	AVTE	ELVN	GPCR	CMPX	VTYX
TERN		-0.05	-0.19	-0.63	-0.68	-0.47	0.61	0.13	0.49	TERN
DAWN	-0.05		0.68	0.52	0.4	0.5	0.18	0.43	0.45	DAWN
ABOS	-0.19	0.68		0.49	0.35	0.4	0.14	0.08	0.28	ABOS
AMLX	-0.63	0.52	0.49		0.92	0.73	-0.38	0.25	-0.26	AMLX
AVTE	-0.68	0.4	0.35	0.92		0.58	-0.43	0.13	-0.39	AVTE
ELVN	-0.47	0.5	0.4	0.73	0.58		-0.01	0.61	0.04	ELVN
GPCR	0.61	0.18	0.14	-0.38	-0.43	-0.01		0.4	0.56	GPCR
CMPX	0.13	0.43	0.08	0.25	0.13	0.61	0.4		0.41	CMPX
VTYX	0.49	0.45	0.28	-0.26	-0.39	0.04	0.56	0.41		VTYX
	TERN	DAWN	ABOS	AMLX	AVTE	ELVN	GPCR	CMPX	VTYX

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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

AVTE	+ 0.92	AMLX
ELVN	+ 0.73	AMLX
ABOS	+ 0.68	DAWN
GPCR	+ 0.61	TERN
CMPX	+ 0.61	ELVN
ELVN	+ 0.58	AVTE

High negative correlations

AVTE	- 0.68	TERN
AMLX	- 0.63	TERN
ELVN	- 0.47	TERN
GPCR	- 0.43	AVTE
VTYX	- 0.39	AVTE
GPCR	- 0.38	AMLX

Risk-Adjusted Indicators

There is a big difference between MoonLake Stock performing well and MoonLake Immunotherapeuti 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 MoonLake Immunotherapeuti'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
TERN	3.37	(0.37)	0.00	(3.71)	0.00	0.00	5.68	(5.96)	34.09
DAWN	2.09	(0.15)	0.00	(0.07)	0.00	0.00	3.84	(3.69)	11.44
ABOS	3.49	(0.56)	0.00	(0.08)	0.00	0.00	7.52	(6.67)	28.07
AMLX	4.31	1.40	0.29	1.18	4.02	(5.11)	10.06	(6.13)	33.56
AVTE	2.53	0.48	0.18	0.60	2.13	(3.38)	5.58	(3.86)	19.11
ELVN	1.89	0.02	0.01	0.13	2.04	(2.22)	5.84	(4.07)	12.96
GPCR	2.96	(0.25)	0.00	(0.23)	0.00	0.00	8.18	(6.07)	24.50
CMPX	4.18	0.02	0.06	0.12	4.50	(4.86)	11.19	(5.92)	29.38
VTYX	3.06	(0.36)	0.00	(0.03)	0.00	0.00	6.94	(5.86)	16.88

MoonLake Immunotherapeuti Corporate Management

Tino Anthamatten	Market Marketing	Profile
Luciana Marques	People HR	Profile
Jorge Silva	CEO CoFounder	Profile
Nicolas Mosimann	General Counsel	Profile
Oliver Daltrop	Chief Officer	Profile

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