Vaccinex Correlations

Summary

VCNXDelisted Stock

USD 1.09 0.01 0.91%

The current 90-days correlation between Vaccinex and Miromatrix Medical is 0.03 (i.e., Significant diversification). The correlation of Vaccinex 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.

Vaccinex Correlation With Market

Good diversification

The correlation between Vaccinex and DJI is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vaccinex and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against Vaccinex Stock

0.56	DOMH	Dominari Holdings Trending	Pair Corr
0.53	MEIP	MEI Pharma	Pair Corr
0.42	DNLI	Denali Therapeutics	Pair Corr
0.35	MDWD	Mediwound	Pair Corr
0.32	VALN	Valneva SE ADR	Pair Corr
0.54	VERV	Verve Therapeutics	Pair Corr
0.43	MIRM	Mirum Pharmaceuticals	Pair Corr
0.35	VERU	Veru Inc Earnings Call This Week	Pair Corr
0.32	MNPR	Monopar Therapeutics	Pair Corr

Related Correlations Analysis

	TARA	MNPR	MIRO	SRZN	FWBI	SLRX	SABS	GOVX	ZIVO
TARA		0.51	0.56	0.38	-0.74	0.24	0.55	-0.06	-0.54	TARA
MNPR	0.51		0.59	0.17	-0.84	0.57	0.09	-0.22	-0.78	MNPR
MIRO	0.56	0.59		0.57	-0.69	0.64	0.44	-0.33	-0.8	MIRO
SRZN	0.38	0.17	0.57		-0.35	0.27	0.28	-0.2	-0.46	SRZN
FWBI	-0.74	-0.84	-0.69	-0.35		-0.6	-0.27	0.2	0.86	FWBI
SLRX	0.24	0.57	0.64	0.27	-0.6		0.02	-0.35	-0.74	SLRX
SABS	0.55	0.09	0.44	0.28	-0.27	0.02		-0.1	-0.22	SABS
GOVX	-0.06	-0.22	-0.33	-0.2	0.2	-0.35	-0.1		0.4	GOVX
ZIVO	-0.54	-0.78	-0.8	-0.46	0.86	-0.74	-0.22	0.4		ZIVO
	TARA	MNPR	MIRO	SRZN	FWBI	SLRX	SABS	GOVX	ZIVO

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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

ZIVO	+ 0.86	FWBI
SLRX	+ 0.64	MIRO
MIRO	+ 0.59	MNPR
SLRX	+ 0.57	MNPR
SRZN	+ 0.57	MIRO
MIRO	+ 0.56	TARA

High negative correlations

FWBI	- 0.84	MNPR
ZIVO	- 0.8	MIRO
ZIVO	- 0.78	MNPR
ZIVO	- 0.74	SLRX
FWBI	- 0.74	TARA
FWBI	- 0.69	MIRO

Risk-Adjusted Indicators

There is a big difference between Vaccinex Stock performing well and Vaccinex 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 Vaccinex'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
TARA	5.79	1.78	0.31	(11.53)	4.02	(7.85)	13.00	(7.16)	78.24
MNPR	19.34	10.82	0.78	(0.93)	8.50	(21.91)	15.93	(14.84)	653.56
MIRO	4.85	0.44	0.06	(3.40)	5.26	(6.37)	11.73	(8.87)	38.49
SRZN	5.73	0.32	0.06	0.32	5.70	(7.68)	19.44	(10.20)	37.58
FWBI	5.73	(1.60)	0.00	0.66	0.00	0.00	8.65	(14.74)	65.42
SLRX	7.10	1.12	0.19	0.42	5.96	(10.68)	11.41	(8.27)	161.82
SABS	6.68	0.43	0.03	(0.76)	11.08	(7.29)	16.77	(16.22)	101.06
GOVX	4.92	0.15	0.00	(0.10)	5.21	(6.59)	9.26	(9.09)	77.95
ZIVO	3.01	(0.68)	0.00	(1.41)	0.00	0.00	5.31	(6.67)	36.36

View Vaccinex Related Equities

Protara Therapeutics Monopar Therapeutics Miromatrix Medical Surrozen FWBI Old Salarius Pharmaceuticals SAB Biotherapeutics GeoVax Labs Zivo Bioscience Theseus Pharmaceuticals Erasca Inc Forte Biosciences Applied Molecular Transport RenovoRx Anebulo Pharmaceuticals

Risk & Return

Correlation

Vaccinex Corporate Management

Jill CPA	Chief Officer	Profile
Jill Sanchez	Interim Controller	Profile
MBA CFA	Chief Officer	Profile
Ernest Smith	Senior Officer	Profile
Maurice Zauderer	CEO, CoFounder	Profile
Elizabeth Evans	COO Medicine	Profile
John Leonard	Senior Development	Profile

Still Interested in Vaccinex?

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.

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