ProQR Therapeutics Correlations

PRQR Stock

USD 2.37 0.07 3.04%

The current 90-days correlation between ProQR Therapeutics and Annexon is -0.11 (i.e., Good diversification). The correlation of ProQR Therapeutics 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.

ProQR Therapeutics Correlation With Market

Average diversification

The correlation between ProQR Therapeutics BV and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ProQR Therapeutics BV 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 ProQR Therapeutics BV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Moving together with ProQR Stock

0.67	SPRY	Silverback Therapeutics	Pair Corr
0.65	VMD	Viemed Healthcare	Pair Corr
0.68	UTMD	Utah Medical Products Earnings Call Next Week	Pair Corr
0.73	BKRKY	Bank Rakyat	Pair Corr
0.77	PPERY	Bank Mandiri Persero	Pair Corr
0.75	PPERF	Bank Mandiri Persero	Pair Corr
0.7	PBCRY	Bank Central Asia Earnings Call This Week	Pair Corr
0.65	PTBRY	Bank Negara Indonesia Earnings Call This Week	Pair Corr
0.75	TRV	The Travelers Companies	Pair Corr
0.69	XOM	Exxon Mobil Corp Aggressive Push	Pair Corr

Moving against ProQR Stock

0.56	MBFJF	Mitsubishi UFJ Financial	Pair Corr
0.75	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.67	OPFI	OppFi Inc	Pair Corr
0.59	EXEEW	Expand Energy Symbol Change	Pair Corr
0.44	MZHOF	Mizuho Financial	Pair Corr
0.4	IBM	International Business Fiscal Year End 22nd of January 2025	Pair Corr
0.4	WMT	Walmart	Pair Corr
0.35	17298CHT8	US17298CHT80	Pair Corr

Related Correlations Analysis

	ANNX	ARWR	DAWN	TERN	ALNY	WVE	BPMC	APLS	ASMB	SPRO
ANNX		-0.1	0.68	0.39	0.68	0.28	-0.12	-0.62	0.43	0.59	ANNX
ARWR	-0.1		0.3	0.46	0.17	0.42	0.17	0.53	0.3	0.26	ARWR
DAWN	0.68	0.3		0.79	0.75	0.53	-0.1	-0.36	0.56	0.88	DAWN
TERN	0.39	0.46	0.79		0.63	0.72	-0.37	-0.05	0.57	0.82	TERN
ALNY	0.68	0.17	0.75	0.63		0.37	-0.17	-0.49	0.46	0.71	ALNY
WVE	0.28	0.42	0.53	0.72	0.37		-0.47	-0.01	0.48	0.67	WVE
BPMC	-0.12	0.17	-0.1	-0.37	-0.17	-0.47		0.07	-0.42	-0.31	BPMC
APLS	-0.62	0.53	-0.36	-0.05	-0.49	-0.01	0.07		-0.11	-0.4	APLS
ASMB	0.43	0.3	0.56	0.57	0.46	0.48	-0.42	-0.11		0.67	ASMB
SPRO	0.59	0.26	0.88	0.82	0.71	0.67	-0.31	-0.4	0.67		SPRO
	ANNX	ARWR	DAWN	TERN	ALNY	WVE	BPMC	APLS	ASMB	SPRO

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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

SPRO	+ 0.88	DAWN
SPRO	+ 0.82	TERN
TERN	+ 0.79	DAWN
ALNY	+ 0.75	DAWN
WVE	+ 0.72	TERN
SPRO	+ 0.71	ALNY

High negative correlations

APLS	- 0.62	ANNX
APLS	- 0.49	ALNY
BPMC	- 0.47	WVE
ASMB	- 0.42	BPMC
SPRO	- 0.4	APLS
BPMC	- 0.37	TERN

Risk-Adjusted Indicators

There is a big difference between ProQR Stock performing well and ProQR Therapeutics 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 ProQR Therapeutics' 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
ANNX	2.51	(0.80)	0.00	30.84	0.00	0.00	3.73	(6.65)	22.26
ARWR	2.83	0.01	0.00	0.03	4.28	(2.88)	4.88	(6.38)	35.58
DAWN	1.80	(0.23)	0.00	(0.27)	0.00	0.00	3.92	(3.46)	11.05
TERN	3.16	(0.77)	0.00	(5.21)	0.00	0.00	5.17	(6.80)	26.61
ALNY	1.65	(0.29)	0.00	(0.59)	0.00	0.00	2.91	(3.88)	15.40
WVE	4.26	0.69	0.16	1.09	3.73	(5.50)	7.68	(8.06)	84.19
BPMC	2.14	0.42	0.16	0.52	2.19	(2.42)	5.87	(3.53)	19.12
APLS	2.59	0.18	0.04	0.20	3.79	(2.79)	4.63	(4.71)	27.73
ASMB	2.74	(0.17)	0.00	2.11	0.00	0.00	5.74	(5.39)	24.82
SPRO	2.55	(0.49)	0.00	(1.78)	0.00	0.00	5.56	(4.76)	17.35

ProQR Therapeutics Corporate Management

Aniz MD	Chief Officer	Profile
Domenico Valerio	Founder Board	Profile
Sarah Kiely	Vice Communications	Profile
Rene Beukema	Chief Corporate Devel. Officer, General Counsel, Corporate Secretary and Member of Management Board	Profile
Sheila Sponselee	VP Operations	Profile
Gerard Platenburg	Chief Innovation Officer	Profile

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