PepGen Correlations

PEPG Stock

USD 1.25 0.04 3.10%

The current 90-days correlation between PepGen and Pmv Pharmaceuticals is 0.05 (i.e., Significant diversification). The correlation of PepGen 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.

PepGen Correlation With Market

Average diversification

The correlation between PepGen and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PepGen and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PepGen. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

For more detail on how to invest in PepGen Stock please use our How to Invest in PepGen guide.

Moving together with PepGen Stock

0.62	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.64	MRK	Merck Company Earnings Call Tomorrow	Pair Corr
0.81	UPC	Universe Pharmaceuticals	Pair Corr
0.85	DERM	Journey Medical Corp	Pair Corr
0.7	ENSG	Ensign Group	Pair Corr
0.74	NHC	National HealthCare	Pair Corr
0.83	INNV	InnovAge Holding Corp Earnings Call Tomorrow	Pair Corr
0.77	PNTG	Pennant Group	Pair Corr
0.83	688639	Anhui Huaheng Biotec	Pair Corr
0.67	300439	Ningbo MedicalSystem	Pair Corr
0.61	688670	Jiangsu GDK Biotechnology	Pair Corr
0.74	301301	Yili Chuanning Biote	Pair Corr
0.77	688739	Liaoning Chengda Bio	Pair Corr

Moving against PepGen Stock

0.75	ALTS	ALT5 Sigma Symbol Change	Pair Corr
0.54	BMY	Bristol Myers Squibb Earnings Call This Week	Pair Corr
0.49	GILD	Gilead Sciences Earnings Call Tomorrow	Pair Corr
0.43	EHAB	Enhabit	Pair Corr
0.84	V	Visa Class A	Pair Corr
0.78	GILT	Gilat Satellite Networks	Pair Corr
0.71	PLTR	Palantir Technologies Earnings Call Today	Pair Corr
0.7	LPTH	LightPath Technologies Earnings Call This Week	Pair Corr
0.64	MTZ	MasTec Inc	Pair Corr
0.64	NRG	NRG Energy	Pair Corr
0.46	VIST	Vista Oil Gas	Pair Corr
0.44	CHKP	Check Point Software Earnings Call Tomorrow	Pair Corr
0.42	OILCF	Permex Petroleum Trending	Pair Corr
0.34	ADUS	Addus HomeCare	Pair Corr

Related Correlations Analysis

	PMVP	ELYM	MNOV	PHVS	MOLN	MLYS	ANTX	IPSC	EWTX	CCCC
PMVP		0.85	-0.15	0.66	0.52	0.89	-0.12	0.85	0.8	0.74	PMVP
ELYM	0.85		-0.46	0.77	0.66	0.75	-0.5	0.69	0.89	0.91	ELYM
MNOV	-0.15	-0.46		-0.52	-0.51	-0.12	0.75	0.05	-0.38	-0.62	MNOV
PHVS	0.66	0.77	-0.52		0.61	0.68	-0.35	0.56	0.77	0.76	PHVS
MOLN	0.52	0.66	-0.51	0.61		0.46	-0.32	0.57	0.67	0.77	MOLN
MLYS	0.89	0.75	-0.12	0.68	0.46		-0.02	0.76	0.74	0.71	MLYS
ANTX	-0.12	-0.5	0.75	-0.35	-0.32	-0.02		0.15	-0.37	-0.49	ANTX
IPSC	0.85	0.69	0.05	0.56	0.57	0.76	0.15		0.73	0.59	IPSC
EWTX	0.8	0.89	-0.38	0.77	0.67	0.74	-0.37	0.73		0.83	EWTX
CCCC	0.74	0.91	-0.62	0.76	0.77	0.71	-0.49	0.59	0.83		CCCC
	PMVP	ELYM	MNOV	PHVS	MOLN	MLYS	ANTX	IPSC	EWTX	CCCC

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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

CCCC	+ 0.91	ELYM
MLYS	+ 0.89	PMVP
EWTX	+ 0.89	ELYM
ELYM	+ 0.85	PMVP
IPSC	+ 0.85	PMVP
CCCC	+ 0.83	EWTX

High negative correlations

CCCC	- 0.62	MNOV
PHVS	- 0.52	MNOV
MOLN	- 0.51	MNOV
ANTX	- 0.5	ELYM
CCCC	- 0.49	ANTX
MNOV	- 0.46	ELYM

Risk-Adjusted Indicators

There is a big difference between PepGen Stock performing well and PepGen 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 PepGen'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
PMVP	1.84	(0.27)	0.00	(0.30)	0.00	0.00	4.35	(4.57)	12.59
ELYM	3.62	(1.11)	0.00	(3.84)	0.00	0.00	6.00	(9.35)	22.16
MNOV	3.52	0.47	0.10	20.12	3.37	(4.63)	6.63	(5.24)	61.30
PHVS	3.11	(0.25)	0.00	(2.02)	0.00	0.00	6.28	(7.49)	20.31
MOLN	3.26	(0.27)	0.00	(0.93)	0.00	0.00	8.43	(6.35)	23.47
MLYS	3.51	(0.36)	0.00	(0.53)	0.00	0.00	7.79	(6.95)	26.52
ANTX	3.00	0.13	0.04	0.19	2.59	(5.16)	8.94	(4.72)	28.89
IPSC	3.78	(0.75)	0.00	(0.66)	0.00	0.00	6.73	(7.48)	31.00
EWTX	2.68	(0.39)	0.00	(0.16)	0.00	0.00	4.81	(5.54)	26.07
CCCC	4.08	(0.79)	0.00	(0.41)	0.00	0.00	8.59	(7.99)	24.60

PepGen Corporate Management

James McArthur	CEO and President	Profile
Caroline Godfrey	Founder Member	Profile
MBA CFA	Senior Communications	Profile
Afsaneh Mohebbi	Senior Management	Profile
Michelle MD	Senior Development	Profile
David CFA	Senior Communications	Profile
Jaya Goyal	Executive Development	Profile

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