Oragenics Correlations
OGEN Stock | USD 0.31 0.03 10.71% |
The current 90-days correlation between Oragenics and Avinger is 0.15 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Oragenics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oragenics moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Oragenics Correlation With Market
Significant diversification
The correlation between Oragenics and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Oragenics and DJI in the same portfolio, assuming nothing else is changed.
Oragenics |
Moving together with Oragenics Stock
Moving against Oragenics Stock
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Related Correlations Analysis
-0.19 | -0.42 | -0.11 | 0.09 | ONTX | ||
-0.19 | 0.49 | -0.32 | -0.33 | TNXP | ||
-0.42 | 0.49 | -0.33 | -0.37 | ACST | ||
-0.11 | -0.32 | -0.33 | 0.5 | JAGX | ||
0.09 | -0.33 | -0.37 | 0.5 | AVGR | ||
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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 Oragenics Stock performing well and Oragenics 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 Oragenics' 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
ONTX | 4.73 | 0.94 | 0.16 | (0.73) | 4.35 | 7.69 | 66.73 | |||
TNXP | 9.73 | 2.53 | 0.18 | 1.55 | 9.16 | 23.08 | 158.57 | |||
ACST | 3.00 | 0.39 | 0.08 | (0.74) | 2.83 | 9.42 | 25.09 | |||
JAGX | 4.34 | (0.15) | 0.00 | (1.29) | 0.00 | 7.92 | 52.73 | |||
AVGR | 8.87 | 0.53 | 0.07 | 0.25 | 10.01 | 33.33 | 151.56 |
Oragenics Corporate Management
Martin MSc | VP Research | Profile | |
MD MA | Chief Advisor | Profile | |
IV FACEP | Chief Officer | Profile | |
Erik Emerson | Chief Officer | Profile | |
Michael CPA | S CFO | Profile |