Vivos Therapeutics Correlations

VVOS Stock

USD 2.95 0.06 2.08%

The current 90-days correlation between Vivos Therapeutics and Neuroone Medical Technologies is -0.14 (i.e., Good diversification). The correlation of Vivos Therapeutics 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.

Vivos Therapeutics Correlation With Market

Significant diversification

The correlation between Vivos Therapeutics 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 Vivos Therapeutics 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 Vivos Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

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

Moving against Vivos Stock

0.56	CVS	CVS Health Corp Aggressive Push	Pair Corr
0.54	FIGS	Figs Inc	Pair Corr

Related Correlations Analysis

	NPCE	INGN	SRDX	LUNG	NMTC	BMRA	XAIR	TIVC	BJDX
NPCE		0.39	0.4	0.04	-0.69	0.32	0.57	0.3	0.02	NPCE
INGN	0.39		0.8	0.39	-0.59	0.7	0.17	0.64	0.81	INGN
SRDX	0.4	0.8		0.43	-0.6	0.41	-0.05	0.23	0.73	SRDX
LUNG	0.04	0.39	0.43		0.17	-0.01	-0.23	-0.07	0.41	LUNG
NMTC	-0.69	-0.59	-0.6	0.17		-0.43	-0.42	-0.42	-0.26	NMTC
BMRA	0.32	0.7	0.41	-0.01	-0.43		0.36	0.61	0.58	BMRA
XAIR	0.57	0.17	-0.05	-0.23	-0.42	0.36		0.48	-0.12	XAIR
TIVC	0.3	0.64	0.23	-0.07	-0.42	0.61	0.48		0.31	TIVC
BJDX	0.02	0.81	0.73	0.41	-0.26	0.58	-0.12	0.31		BJDX
	NPCE	INGN	SRDX	LUNG	NMTC	BMRA	XAIR	TIVC	BJDX

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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

BJDX	+ 0.81	INGN
SRDX	+ 0.8	INGN
BJDX	+ 0.73	SRDX
BMRA	+ 0.7	INGN
TIVC	+ 0.64	INGN
TIVC	+ 0.61	BMRA

High negative correlations

NMTC	- 0.69	NPCE
NMTC	- 0.6	SRDX
NMTC	- 0.59	INGN
BMRA	- 0.43	NMTC
TIVC	- 0.42	NMTC
XAIR	- 0.42	NMTC

Risk-Adjusted Indicators

There is a big difference between Vivos Stock performing well and Vivos Therapeutics 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 Vivos Therapeutics' 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
NPCE	3.45	0.27	0.11	0.19	3.18	(4.13)	9.73	(6.19)	35.38
INGN	1.89	(0.50)	0.00	(0.31)	0.00	0.00	2.66	(4.81)	22.50
SRDX	0.48	(0.07)	0.00	(0.12)	0.00	0.00	1.26	(1.01)	3.22
LUNG	3.26	(0.26)	0.00	(0.04)	0.00	0.00	9.00	(6.89)	20.52
NMTC	3.66	(0.18)	0.00	(0.10)	0.00	0.00	9.30	(6.02)	25.16
BMRA	4.27	(0.44)	0.00	(0.12)	0.00	0.00	9.38	(10.26)	25.24
XAIR	5.62	0.14	0.02	0.25	6.43	(7.09)	10.42	(8.70)	32.60
TIVC	4.71	(0.12)	0.00	(0.12)	0.00	0.00	12.12	(6.90)	79.31
BJDX	6.68	(1.42)	0.00	(19.89)	0.00	0.00	13.03	(13.14)	120.52

Vivos Therapeutics Corporate Management

RaeAnn Byrnes	CoFounder Services	Profile
Kirk Huntsman	Chairman CoFounder	Profile
Julie Gannon	Chief Relations	Profile
Nicholas DeGennaro	Senior Division	Profile
John Ballard	Senior Technology	Profile
Ruth Hembree	Senior Services	Profile
Todd Huntsman	CoFounder Technology	Profile

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