Thermogenesis Holdings Correlations
| THMODelisted Stock | USD 0.32 0.01 3.03% |
The current 90-days correlation between Thermogenesis Holdings and Tivic Health Systems is 0.06 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thermogenesis Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thermogenesis Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Thermogenesis |
Moving together with Thermogenesis Stock
Moving against Thermogenesis Stock
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| 0.74 | BSX | Boston Scientific Corp | PairCorr |
| 0.73 | BBLGW | Bone Biologics Corp Trending | PairCorr |
| 0.65 | ECOR | Electrocore LLC | PairCorr |
| 0.64 | ELMD | Electromed | PairCorr |
| 0.62 | PEN | Penumbra | PairCorr |
| 0.55 | VVOS | Vivos Therapeutics | PairCorr |
| 0.53 | MYO | Myomo Inc | PairCorr |
| 0.51 | FNA | Paragon 28 | PairCorr |
| 0.49 | ABT | Abbott Laboratories | PairCorr |
| 0.4 | EW | Edwards Lifesciences Corp Earnings Call This Week | PairCorr |
| 0.79 | IRTC | iRhythm Technologies | PairCorr |
| 0.77 | XYLO | Xylo Technologies Symbol Change | PairCorr |
| 0.77 | ICCM | Icecure Medical | PairCorr |
| 0.68 | IRMD | Iradimed Earnings Call This Week | PairCorr |
| 0.67 | GKOS | Glaukos Corp | PairCorr |
| 0.67 | ICAD | icad inc Trending | PairCorr |
| 0.63 | GMED | Globus Medical | PairCorr |
| 0.51 | INGN | Inogen Inc | PairCorr |
| 0.46 | ITGR | Integer Holdings Corp | PairCorr |
| 0.45 | BDMDW | Baird Medical Investment | PairCorr |
| 0.42 | HSDT | Helius Medical Techn | PairCorr |
| 0.4 | HSCS | Heart Test Laboratories | PairCorr |
| 0.36 | ZIMV | ZimVie Inc | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Thermogenesis Stock performing well and Thermogenesis Holdings 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 Thermogenesis Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TIVC | 6.61 | 0.31 | 0.03 | (0.74) | 6.40 | 12.12 | 82.47 | |||
| TLIS | 4.85 | 0.00 | 0.00 | 0.00 | 0.00 | 5.32 | 68.77 | |||
| BJDX | 9.37 | 0.24 | 0.06 | 0.12 | 11.45 | 19.21 | 120.57 | |||
| HSCS | 3.49 | 0.19 | 0.02 | (0.49) | 3.86 | 7.12 | 39.74 | |||
| NUWE | 7.56 | 0.42 | 0.04 | 0.48 | 9.80 | 13.26 | 141.14 | |||
| SINT | 6.03 | 0.30 | 0.04 | 0.30 | 7.22 | 15.59 | 84.59 | |||
| RSLS | 3.60 | (0.54) | 0.00 | (2.62) | 0.00 | 5.79 | 29.64 | |||
| BBLG | 3.71 | (0.69) | 0.00 | (1.44) | 0.00 | 8.91 | 21.45 | |||
| RMED | 2.66 | (1.05) | 0.00 | 3.32 | 0.00 | 4.50 | 14.82 | |||
| NAOV | 5.94 | 0.42 | 0.07 | 0.33 | 6.42 | 12.96 | 35.42 |
Thermogenesis Holdings Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Thermogenesis Holdings stock to make a market-neutral strategy. Peer analysis of Thermogenesis Holdings could also be used in its relative valuation, which is a method of valuing Thermogenesis Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Thermogenesis Holdings Corporate Management
| Haihong Zhu | Chief Officer | Profile | |
| Jeffery CPA | Principal CFO | Profile | |
| Xiaochun MBA | Chairman CEO | Profile | |
| Mindy WilkeDouglas | VP Operations | Profile |
Still Interested in Thermogenesis Holdings?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.