Traws Pharma Correlations

TRAW Stock

4.58 0.16 3.38%

The current 90-days correlation between Traws Pharma and MI Homes is -0.02 (i.e., Good diversification). The correlation of Traws Pharma 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.

Traws Pharma Correlation With Market

Significant diversification

The correlation between Traws Pharma and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Traws Pharma and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Traws Pharma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Traws Stock please use our How to Invest in Traws Pharma guide.

Moving together with Traws Stock

0.65	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.65	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.77	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr

Moving against Traws Stock

0.77	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.68	KB	KB Financial Group	Pair Corr
0.65	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.52	ITCL	Banco Ita Chile	Pair Corr
0.48	CIB	Bancolombia SA ADR	Pair Corr
0.45	FNMFO	Federal National Mortgage	Pair Corr
0.36	AVAL	Grupo Aval	Pair Corr
0.91	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.89	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.88	HD	Home Depot	Pair Corr
0.86	CSCO	Cisco Systems Sell-off Trend	Pair Corr
0.77	HPQ	HP Inc	Pair Corr
0.76	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.74	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.68	WMT	Walmart Aggressive Push	Pair Corr
0.62	BAC	Bank of America Aggressive Push	Pair Corr
0.62	DIS	Walt Disney Sell-off Trend	Pair Corr
0.6	IBM	International Business Fiscal Year End 22nd of January 2025	Pair Corr
0.51	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	MHO	TSRYF	SNDL	SDHC	JBGS	CATWF	HPP
MHO		-0.07	-0.13	0.67	0.56	0.0	0.34	MHO
TSRYF	-0.07		0.2	0.4	0.31	0.0	0.54	TSRYF
SNDL	-0.13	0.2		0.02	0.37	0.0	0.19	SNDL
SDHC	0.67	0.4	0.02		0.74	0.0	0.71	SDHC
JBGS	0.56	0.31	0.37	0.74		0.0	0.76	JBGS
CATWF	0.0	0.0	0.0	0.0	0.0		0.0	CATWF
HPP	0.34	0.54	0.19	0.71	0.76	0.0		HPP
	MHO	TSRYF	SNDL	SDHC	JBGS	CATWF	HPP

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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

HPP	+ 0.76	JBGS
JBGS	+ 0.74	SDHC
HPP	+ 0.71	SDHC
SDHC	+ 0.67	MHO
JBGS	+ 0.56	MHO
HPP	+ 0.54	TSRYF

High negative correlations

SNDL	- 0.13	MHO
TSRYF	- 0.07	MHO
HPP	- 0.0	CATWF
CATWF	- 0.0	JBGS
CATWF	- 0.0	SDHC
CATWF	- 0.0	SNDL

Risk-Adjusted Indicators

There is a big difference between Traws Stock performing well and Traws Pharma 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 Traws Pharma'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
MHO	1.66	(0.08)	(0.02)	0.06	2.39	(1.60)	3.69	(4.24)	10.66
TSRYF	1.00	(0.24)	0.00	(7.60)	0.00	0.00	1.71	(5.10)	18.03
SNDL	1.94	0.09	(0.02)	(0.14)	3.01	(2.19)	3.86	(3.62)	24.46
SDHC	2.30	(0.14)	0.00	(0.05)	0.00	0.00	6.08	(5.92)	13.47
JBGS	1.15	(0.14)	0.00	(0.02)	0.00	0.00	2.58	(2.38)	9.14
CATWF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HPP	2.90	(0.62)	0.00	(0.29)	0.00	0.00	6.35	(5.70)	16.57

Traws Pharma Corporate Management

Robert MD	Acting Officer	Profile
Mark CPA	Chief Officer	Profile
Victor MD	Chief Oncology	Profile
Charles Pauza	Chief Virology	Profile

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