Singular Genomics Correlations

OMICDelisted Stock

USD 20.01 0.00 0.00%

The correlation of Singular Genomics 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.

Singular Genomics Correlation With Market

Excellent diversification

The correlation between Singular Genomics Systems and DJI is -0.65 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Singular Genomics Systems and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Singular Stock

0.68	TRNR	Interactive Strength	Pair Corr
0.72	NIVF	NewGenIvf Group	Pair Corr

Moving against Singular Stock

0.79	LRDC	Laredo Oil	Pair Corr
0.78	GS	Goldman Sachs Group	Pair Corr
0.71	USPH	US Physicalrapy	Pair Corr
0.52	NWTG	Newton Golf Symbol Change	Pair Corr
0.51	CYCC	Cyclacel Pharmaceuticals Symbol Change	Pair Corr
0.51	EMMA	Emmaus Life Sciences	Pair Corr
0.47	CGECF	Cogeco Inc	Pair Corr
0.41	TOGOF	TomaGold	Pair Corr
0.38	DUK-PA	Duke Energy	Pair Corr
0.31	GRBK	Green Brick Partners	Pair Corr
0.77	FRFFF	Fairfax Financial	Pair Corr
0.7	MEEEF	Metal Energy Corp	Pair Corr
0.63	ONON	On Holding	Pair Corr
0.6	TORO	Toro	Pair Corr
0.54	YLLXF	Yellow Cake plc Downward Rally	Pair Corr
0.53	GAYMF	Galway Metals	Pair Corr
0.5	JOE	St Joe Company	Pair Corr
0.48	UMAC	Unusual Machines	Pair Corr
0.45	PNRG	PrimeEnergy	Pair Corr
0.4	INTC	Intel	Pair Corr
0.39	BLAGF	Blue Lagoon Resources	Pair Corr

Related Correlations Analysis

	GCTK	ALVR	BLUE	KRON	EAR	SYRE	AKYA	RNTX	AHG	SHOT
GCTK		0.0	-0.33	-0.14	0.0	-0.35	-0.3	0.61	-0.23	0.0	GCTK
ALVR	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	ALVR
BLUE	-0.33	0.0		0.42	0.0	0.22	-0.07	-0.27	-0.36	0.0	BLUE
KRON	-0.14	0.0	0.42		0.0	0.15	-0.18	0.0	-0.27	0.0	KRON
EAR	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	EAR
SYRE	-0.35	0.0	0.22	0.15	0.0		0.04	-0.14	-0.19	0.0	SYRE
AKYA	-0.3	0.0	-0.07	-0.18	0.0	0.04		-0.18	0.39	0.0	AKYA
RNTX	0.61	0.0	-0.27	0.0	0.0	-0.14	-0.18		-0.3	0.0	RNTX
AHG	-0.23	0.0	-0.36	-0.27	0.0	-0.19	0.39	-0.3		0.0	AHG
SHOT	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		SHOT
	GCTK	ALVR	BLUE	KRON	EAR	SYRE	AKYA	RNTX	AHG	SHOT

Please upgrade your account to get full access to Macroaxis premium features

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

RNTX	+ 0.61	GCTK
KRON	+ 0.42	BLUE
AHG	+ 0.39	AKYA
SYRE	+ 0.22	BLUE
SYRE	+ 0.15	KRON
AKYA	+ 0.04	SYRE

High negative correlations

AHG	- 0.36	BLUE
SYRE	- 0.35	GCTK
BLUE	- 0.33	GCTK
AHG	- 0.3	RNTX
AKYA	- 0.3	GCTK
AHG	- 0.27	KRON

Risk-Adjusted Indicators

There is a big difference between Singular Stock performing well and Singular Genomics 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 Singular Genomics' 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
GCTK	5.15	(1.74)	0.00	(0.54)	0.00	0.00	8.36	(10.40)	56.93
ALVR	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BLUE	3.75	0.57	0.15	0.95	2.89	(5.33)	10.28	(6.00)	50.85
KRON	2.46	0.05	(0.01)	(0.08)	3.67	(3.57)	4.00	(3.49)	32.10
EAR	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SYRE	2.69	0.67	0.23	0.72	2.57	(3.19)	7.15	(4.47)	20.03
AKYA	4.10	0.31	0.03	(0.28)	5.25	(4.36)	9.73	(8.80)	32.35
RNTX	3.63	(0.10)	0.00	(0.04)	0.00	0.00	9.52	(6.76)	22.23
AHG	3.77	(0.06)	0.00	0.35	0.00	0.00	11.59	(6.87)	26.06
SHOT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Singular Genomics Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Singular Genomics stock to make a market-neutral strategy. Peer analysis of Singular Genomics could also be used in its relative valuation, which is a method of valuing Singular Genomics by comparing valuation metrics with similar companies.

GlucoTrack Allovir Bluebird Bio Kronos Bio Eargo Inc Spyre Therapeutics Akoya Biosciences Rein Therapeutics Akso Health Group Safety Shot American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup

Risk & Return

Correlation

Singular Genomics Corporate Management

Eric Stier	General VP	Profile
Daralyn Durie	G Counsel	Profile
Samuel Ropp	Chief Officer	Profile
Andrew Spaventa	CEO, Founder	Profile
Eli Glezer	Chief Founder	Profile
Dalen Meeter	Chief Officer	Profile
Jeff Bullard	Head Sales	Profile

Still Interested in Singular Genomics Systems?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC