Septerna, Common Correlations
SEPN Stock | 24.76 0.53 2.10% |
The current 90-days correlation between Septerna, Common Stock and Vincerx Pharma is -0.03 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Septerna, Common moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Septerna, Common Stock moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Septerna, Common Correlation With Market
Significant diversification
The correlation between Septerna, Common Stock and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Septerna, Common Stock and DJI in the same portfolio, assuming nothing else is changed.
Septerna, |
Moving against Septerna, Stock
0.55 | FRTX | Fresh Tracks Therapeutics | PairCorr |
0.49 | ZLAB | Zai Lab | PairCorr |
0.32 | GRCE | Grace Therapeutics, Symbol Change | PairCorr |
Related Correlations Analysis
Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Septerna, Stock performing well and Septerna, Common 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 Septerna, Common'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
VINC | 3.92 | (1.47) | 0.00 | (1.36) | 0.00 | 5.71 | 46.98 | |||
VIRX | 3.28 | (0.18) | 0.00 | 0.23 | 0.00 | 7.14 | 26.79 | |||
DWTX | 7.40 | (0.46) | 0.00 | (0.19) | 0.00 | 15.01 | 69.76 | |||
VKTX | 3.52 | (0.34) | 0.00 | (0.13) | 0.00 | 6.24 | 34.61 | |||
DYAI | 3.89 | 0.43 | 0.08 | 1.65 | 3.92 | 9.00 | 31.56 | |||
VNDA | 1.99 | (0.14) | 0.00 | (0.03) | 0.00 | 4.22 | 14.93 | |||
KTTAW | 19.92 | 5.88 | 0.22 | (1.81) | 16.04 | 61.29 | 141.61 | |||
VRDN | 3.24 | 0.42 | 0.14 | 0.34 | 3.43 | 6.84 | 44.89 | |||
CDTTW | 26.29 | 4.66 | 0.16 | (0.82) | 22.51 | 73.08 | 157.50 | |||
VRTX | 1.29 | (0.18) | 0.00 | (0.10) | 0.00 | 2.36 | 9.80 |
Septerna, Common Corporate Management
Daniel DPHIL | Senior Discovery | Profile | |
MS MBA | Chief Officer | Profile | |
Uwe Klein | Senior Sciences | Profile | |
Richard Hansen | Vice Technology | Profile | |
David Martin | Senior Sciences | Profile |