Talphera Correlations
| TLPH Stock | 0.71 0.01 1.39% |
The current 90-days correlation between Talphera and TFI International is -0.04 (i.e., Good diversification). The correlation of Talphera 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.
Talphera Correlation With Market
Average diversification
The correlation between Talphera and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Talphera and DJI in the same portfolio, assuming nothing else is changed.
Talphera |
Moving together with Talphera Stock
| 0.65 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
Moving against Talphera Stock
| 0.55 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.48 | FNMFO | Federal National Mortgage | PairCorr |
| 0.44 | AVAL | Grupo Aval | PairCorr |
| 0.34 | ITCL | Banco Ita Chile | PairCorr |
| 0.66 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.58 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.56 | WMT | Walmart Aggressive Push | PairCorr |
| 0.56 | HD | Home Depot | PairCorr |
| 0.53 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.5 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.45 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.42 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.37 | CSCO | Cisco Systems Sell-off Trend | 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
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Risk-Adjusted Indicators
There is a big difference between Talphera Stock performing well and Talphera 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 Talphera'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TFII | 1.34 | (0.18) | (0.05) | 0.03 | 1.47 | 2.92 | 12.09 | |||
| TAP | 1.08 | 0.20 | 0.09 | 0.71 | 0.98 | 2.95 | 7.56 | |||
| DKL | 1.09 | 0.15 | (0.01) | (0.28) | 2.22 | 2.84 | 16.59 | |||
| CNLFF | 0.05 | 0.02 | 0.00 | 4.66 | 0.00 | 0.00 | 1.03 | |||
| KDP | 0.76 | (0.20) | 0.00 | (0.36) | 0.00 | 1.46 | 6.67 | |||
| FOSL | 3.52 | 0.56 | 0.09 | (1.29) | 3.67 | 8.91 | 19.38 | |||
| MESA | 2.82 | (0.20) | 0.00 | (0.38) | 0.00 | 6.19 | 28.65 | |||
| SAM | 1.27 | 0.20 | 0.06 | 1.09 | 1.46 | 2.83 | 6.57 |
Talphera Corporate Executives
Elected by the shareholders, the Talphera's board of directors comprises two types of representatives: Talphera inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Talphera. The board's role is to monitor Talphera's management team and ensure that shareholders' interests are well served. Talphera's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Talphera's outside directors are responsible for providing unbiased perspectives on the board's policies.