RemeGen Co Correlations
| REGMF Stock | USD 10.45 0.00 0.00% |
The current 90-days correlation between RemeGen Co and Annexon is -0.08 (i.e., Good diversification). The correlation of RemeGen Co 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.
RemeGen Co Correlation With Market
Excellent diversification
The correlation between RemeGen Co 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 RemeGen Co and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to RemeGen Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RemeGen Co when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RemeGen Co - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RemeGen Co to buy it.
Moving together with RemeGen Pink Sheet
Moving against RemeGen Pink Sheet
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| 0.73 | FRFFF | Fairfax Financial | PairCorr |
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| 0.67 | NONOF | Novo Nordisk AS | PairCorr |
| 0.67 | TATT | Tat Techno | PairCorr |
| 0.62 | VRTX | Vertex Pharmaceuticals | PairCorr |
| 0.58 | BNEFF | Bonterra Energy Corp | PairCorr |
| 0.51 | EXAS | EXACT Sciences | PairCorr |
| 0.5 | REGN | Regeneron Pharmaceuticals | PairCorr |
| 0.43 | NWTG | Newton Golf Symbol Change | PairCorr |
| 0.36 | CAMZF | Camino Minerals | PairCorr |
| 0.33 | BLAGF | Blue Lagoon Resources | PairCorr |
| 0.31 | CYD | China Yuchai Interna | PairCorr |
| 0.86 | TORO | Toro | PairCorr |
| 0.84 | GS | Goldman Sachs Group | PairCorr |
| 0.8 | LRDC | Laredo Oil | PairCorr |
| 0.8 | GAYMF | Galway Metals | PairCorr |
| 0.73 | ANF | Abercrombie Fitch | PairCorr |
| 0.67 | UMAC | Unusual Machines | PairCorr |
| 0.63 | ONON | On Holding | PairCorr |
| 0.59 | YLLXF | Yellow Cake plc Downward Rally | PairCorr |
| 0.53 | FRSB | First Resource Bank | PairCorr |
Related Correlations Analysis
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 RemeGen Pink Sheet performing well and RemeGen Co 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 RemeGen Co'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RCKT | 2.86 | 0.03 | 0.02 | 0.08 | 3.25 | 8.04 | 19.80 | |||
| AURA | 2.44 | (0.05) | 0.00 | 0.03 | 2.76 | 5.00 | 18.08 | |||
| ANNX | 4.13 | 0.88 | 0.21 | 3.41 | 3.51 | 11.30 | 35.10 | |||
| SLDB | 3.37 | 0.58 | 0.18 | 0.35 | 3.09 | 11.36 | 21.71 | |||
| LRMR | 3.28 | (0.15) | 0.00 | (0.12) | 0.00 | 6.96 | 20.14 | |||
| ALT | 3.90 | 0.22 | 0.04 | 0.38 | 5.16 | 9.80 | 33.75 | |||
| AUTL | 3.87 | 0.08 | 0.03 | 0.10 | 4.82 | 10.45 | 30.76 | |||
| DBVT | 4.51 | 0.87 | 0.17 | (1.84) | 4.12 | 10.53 | 36.36 | |||
| DSGN | 3.24 | 0.49 | 0.12 | 0.64 | 3.51 | 8.91 | 18.90 | |||
| KRRO | 5.02 | (0.63) | 0.00 | (0.06) | 0.00 | 10.98 | 79.86 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in RemeGen Co without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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RemeGen Co Corporate Management
| Daotian Fu | President | Profile | |
| Jianmin Fang | CEO, CoFounder | Profile | |
| Jian Lin | Ex Director | Profile | |
| Qingkai Wen | Board Sec | Profile | |
| Marie Zhu | Chief Officer | Profile | |
| Kaisheng Huang | Chief Officer | Profile | |
| ACS ACIS | Joint Sec | Profile |