Pluri Correlations

PLUR Stock

USD 4.70 0.36 7.11%

The current 90-days correlation between Pluri Inc and BioLineRx is 0.03 (i.e., Significant diversification). The correlation of Pluri 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.

Pluri Correlation With Market

Significant diversification

The correlation between Pluri Inc and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pluri Inc 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 Pluri Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Moving against Pluri Stock

0.56	DRUG	Bright Minds Biosciences	Pair Corr
0.43	VIGL	Vigil Neuroscience	Pair Corr
0.4	VAXX	Vaxxinity	Pair Corr
0.38	SABSW	SAB Biotherapeutics	Pair Corr
0.49	VRNA	Verona Pharma PLC	Pair Corr
0.38	KTTAW	Pasithea Therapeutics	Pair Corr
0.34	VSTM	Verastem	Pair Corr

Related Correlations Analysis

	BLRX	PPBT	ARDS	ENLV	TRGNF	EPRXF	CSBR	MAIA	LUMO	EVGN
BLRX		0.72	0.0	0.01	0.0	0.0	0.29	0.31	-0.65	0.74	BLRX
PPBT	0.72		0.0	0.15	0.0	0.0	0.11	0.61	-0.44	0.73	PPBT
ARDS	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	ARDS
ENLV	0.01	0.15	0.0		0.0	0.0	0.26	0.15	-0.32	0.27	ENLV
TRGNF	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	TRGNF
EPRXF	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	EPRXF
CSBR	0.29	0.11	0.0	0.26	0.0	0.0		-0.34	-0.33	0.17	CSBR
MAIA	0.31	0.61	0.0	0.15	0.0	0.0	-0.34		-0.1	0.32	MAIA
LUMO	-0.65	-0.44	0.0	-0.32	0.0	0.0	-0.33	-0.1		-0.75	LUMO
EVGN	0.74	0.73	0.0	0.27	0.0	0.0	0.17	0.32	-0.75		EVGN
	BLRX	PPBT	ARDS	ENLV	TRGNF	EPRXF	CSBR	MAIA	LUMO	EVGN

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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

EVGN	+ 0.74	BLRX
EVGN	+ 0.73	PPBT
PPBT	+ 0.72	BLRX
MAIA	+ 0.61	PPBT
EVGN	+ 0.32	MAIA
MAIA	+ 0.31	BLRX

High negative correlations

EVGN	- 0.75	LUMO
LUMO	- 0.65	BLRX
LUMO	- 0.44	PPBT
MAIA	- 0.34	CSBR
LUMO	- 0.33	CSBR
LUMO	- 0.32	ENLV

Risk-Adjusted Indicators

There is a big difference between Pluri Stock performing well and Pluri 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 Pluri'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
BLRX	3.78	(1.01)	0.00	(18.92)	0.00	0.00	4.88	(6.67)	17.74
PPBT	4.55	(1.97)	0.00	(0.72)	0.00	0.00	6.67	(9.29)	32.62
ARDS	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ENLV	3.22	(0.47)	0.00	4.40	0.00	0.00	6.90	(5.51)	29.85
TRGNF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EPRXF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CSBR	3.29	0.04	(0.02)	(0.08)	3.87	(3.53)	6.23	(6.96)	22.49
MAIA	3.92	(0.28)	0.00	0.53	0.00	0.00	8.37	(9.23)	28.10
LUMO	2.79	0.65	0.17	(3.25)	2.62	(3.20)	6.35	(5.19)	26.13
EVGN	3.92	(1.30)	0.00	(1.97)	0.00	0.00	9.30	(7.35)	36.00

Pluri Corporate Management

John Dvor	EVP America	Profile
Lior Raviv	Chief Officer	Profile
Nimrod Zvi	Chief Officer	Profile
Liat Zalts	Chief Treasurer	Profile
Efrat LivneHadass	Vice Resources	Profile
Orly Amiran	Chief Officer	Profile

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