Volitionrx Correlations

VNRX Stock

USD 0.20 0.01 4.76%

The current 90-days correlation between Volitionrx and Wellgistics Health Common is 0.14 (i.e., Average diversification). The correlation of Volitionrx 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.

Volitionrx Correlation With Market

Very good diversification

The correlation between Volitionrx and DJI is -0.31 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Volitionrx and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Volitionrx Stock

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

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

Moving together with Volitionrx Stock

0.63	OM	Outset Medical	Pair Corr
0.69	56S1	Sartorius Stedim Biotech	Pair Corr
0.71	56S0	RENAUUNSPARD 15 EO	Pair Corr
0.72	IPD	Impedimed	Pair Corr
0.76	BA3	Brooks Automation	Pair Corr
0.71	VVOS	Vivos Therapeutics	Pair Corr
0.7	OTC	Ocumetics Technology Corp	Pair Corr
0.65	GXI	Gerresheimer AG Earnings Call Tomorrow	Pair Corr
0.73	OC5	Cochlear Limited	Pair Corr
0.74	EMBC	Embecta Corp	Pair Corr
0.68	XEJ	Accuray Incorporated	Pair Corr

Moving against Volitionrx Stock

0.62	HYB	HOYA	Pair Corr
0.58	SPEC	Inspecs Group plc	Pair Corr
0.42	DXCM	DexCom Inc	Pair Corr
0.75	61R	GROUPE EUROMEDIS	Pair Corr
0.51	EDAP	EDAP TMS SA	Pair Corr
0.51	EKSO	Ekso Bionics Holdings	Pair Corr
0.38	FIE1	FIELMANN AG ON	Pair Corr
0.64	ESTA	Establishment Labs Earnings Call Today	Pair Corr
0.5	DRW8	Drgerwerk AG	Pair Corr
0.42	LXD1	INSPIRATION HEAGRLS-10	Pair Corr

Related Correlations Analysis

	BDSX	NOTV	WGRX	SKYE	CTSO	XLO	MDCX	INMB	MRSN	ALGS
BDSX		-0.72	-0.69	-0.49	0.06	-0.77	-0.53	-0.55	0.81	-0.72	BDSX
NOTV	-0.72		0.97	0.88	0.41	0.92	0.87	0.74	-0.78	0.82	NOTV
WGRX	-0.69	0.97		0.87	0.33	0.89	0.87	0.82	-0.77	0.86	WGRX
SKYE	-0.49	0.88	0.87		0.43	0.79	0.77	0.65	-0.55	0.66	SKYE
CTSO	0.06	0.41	0.33	0.43		0.38	0.53	0.05	-0.2	0.13	CTSO
XLO	-0.77	0.92	0.89	0.79	0.38		0.85	0.62	-0.83	0.78	XLO
MDCX	-0.53	0.87	0.87	0.77	0.53	0.85		0.65	-0.81	0.8	MDCX
INMB	-0.55	0.74	0.82	0.65	0.05	0.62	0.65		-0.58	0.83	INMB
MRSN	0.81	-0.78	-0.77	-0.55	-0.2	-0.83	-0.81	-0.58		-0.82	MRSN
ALGS	-0.72	0.82	0.86	0.66	0.13	0.78	0.8	0.83	-0.82		ALGS
	BDSX	NOTV	WGRX	SKYE	CTSO	XLO	MDCX	INMB	MRSN	ALGS

Please upgrade your account to get full access to Macroaxis premium features

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

WGRX	+ 0.97	NOTV
XLO	+ 0.92	NOTV
XLO	+ 0.89	WGRX
SKYE	+ 0.88	NOTV
MDCX	+ 0.87	NOTV
SKYE	+ 0.87	WGRX

High negative correlations

MRSN	- 0.83	XLO
ALGS	- 0.82	MRSN
MRSN	- 0.81	MDCX
MRSN	- 0.78	NOTV
MRSN	- 0.77	WGRX
XLO	- 0.77	BDSX

Risk-Adjusted Indicators

There is a big difference between Volitionrx Stock performing well and Volitionrx 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 Volitionrx'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
BDSX	5.63	1.43	0.24	(1.28)	4.90	(6.95)	13.20	(6.77)	62.04
NOTV	4.66	(1.57)	0.00	(0.55)	0.00	0.00	7.69	(9.68)	24.63
WGRX	4.06	(1.27)	0.00	(2.72)	0.00	0.00	8.70	(8.51)	26.08
SKYE	4.35	(0.61)	0.00	0.50	0.00	0.00	9.91	(7.92)	25.49
CTSO	3.10	0.00	0.00	0.04	3.90	(4.12)	6.67	(7.41)	29.40
XLO	1.96	(0.54)	0.00	(1.06)	0.00	0.00	3.85	(4.76)	14.62
MDCX	3.97	(0.34)	0.00	(2.95)	0.00	0.00	7.32	(7.77)	21.20
INMB	3.86	(0.11)	0.00	(0.01)	0.00	0.00	6.82	(7.51)	22.66
MRSN	7.16	3.45	0.84	2.58	2.27	(7.83)	7.25	(6.26)	210.61
ALGS	4.28	(0.42)	0.00	(0.38)	0.00	0.00	8.07	(8.20)	28.43

Volitionrx Corporate Management

Salvatore DVM	Chief LLC	Profile
Scott Powell	Executive Relations	Profile
Gael MBA	Chief Officer	Profile
Gaetan Michel	Chief Officer	Profile
Louise Day	Chief Officer	Profile
Jacob MBA	Chief Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC