Exicure Correlations

XCUR Stock

USD 11.23 0.42 3.89%

The current 90-days correlation between Exicure and Ikena Oncology is 0.03 (i.e., Significant diversification). The correlation of Exicure 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.

Exicure Correlation With Market

Average diversification

The correlation between Exicure and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Exicure and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Exicure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in Exicure Stock, please use our How to Invest in Exicure guide.

Moving together with Exicure Stock

0.72	LFCR	Lifecore Biomedical	Pair Corr
0.68	300942	Shenzhen Bioeasy Bio	Pair Corr

Moving against Exicure Stock

0.67	SHPH	Shuttle Pharmaceuticals	Pair Corr
0.58	AMGN	Amgen Inc Earnings Call This Week	Pair Corr
0.53	UPC	Universe Pharmaceuticals	Pair Corr
0.47	PFE	Pfizer Inc Earnings Call This Week	Pair Corr
0.45	CPHI	China Pharma Holdings	Pair Corr
0.42	INNV	InnovAge Holding Corp Earnings Call This Week	Pair Corr
0.39	ABBV	AbbVie Inc Buyout Trend	Pair Corr
0.36	JNJ	Johnson Johnson	Pair Corr
0.34	PNTG	Pennant Group	Pair Corr
0.33	ENSG	Ensign Group	Pair Corr
0.39	ACHC	Acadia Healthcare	Pair Corr
0.39	TD	Toronto Dominion Bank Earnings Call This Week	Pair Corr
0.38	301301	Yili Chuanning Biote	Pair Corr

Related Correlations Analysis

	IKNA	ELYM	HCWB	ZIVO	RNXT	TPST	CBIO	SCPH	MIST
IKNA		0.8	0.33	0.86	-0.61	0.39	-0.84	0.6	-0.44	IKNA
ELYM	0.8		0.09	0.72	-0.81	0.57	-0.75	0.84	-0.67	ELYM
HCWB	0.33	0.09		0.41	-0.25	-0.09	-0.34	-0.01	-0.19	HCWB
ZIVO	0.86	0.72	0.41		-0.67	0.21	-0.9	0.46	-0.59	ZIVO
RNXT	-0.61	-0.81	-0.25	-0.67		-0.38	0.62	-0.71	0.77	RNXT
TPST	0.39	0.57	-0.09	0.21	-0.38		-0.08	0.74	-0.18	TPST
CBIO	-0.84	-0.75	-0.34	-0.9	0.62	-0.08		-0.43	0.59	CBIO
SCPH	0.6	0.84	-0.01	0.46	-0.71	0.74	-0.43		-0.51	SCPH
MIST	-0.44	-0.67	-0.19	-0.59	0.77	-0.18	0.59	-0.51		MIST
	IKNA	ELYM	HCWB	ZIVO	RNXT	TPST	CBIO	SCPH	MIST

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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	IKNA
SCPH	+ 0.84	ELYM
ELYM	+ 0.8	IKNA
MIST	+ 0.77	RNXT
SCPH	+ 0.74	TPST
ZIVO	+ 0.72	ELYM

High negative correlations

CBIO	- 0.9	ZIVO
CBIO	- 0.84	IKNA
RNXT	- 0.81	ELYM
CBIO	- 0.75	ELYM
SCPH	- 0.71	RNXT
RNXT	- 0.67	ZIVO

Risk-Adjusted Indicators

There is a big difference between Exicure Stock performing well and Exicure 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 Exicure'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
IKNA	1.62	(0.21)	0.00	(0.82)	0.00	0.00	3.87	(3.29)	16.13
ELYM	3.62	(1.23)	0.00	(0.67)	0.00	0.00	6.00	(9.35)	22.16
HCWB	11.53	2.40	0.22	(0.75)	7.51	(31.41)	8.51	(13.64)	352.85
ZIVO	3.01	(0.57)	0.00	0.71	0.00	0.00	5.31	(6.67)	36.36
RNXT	3.62	0.64	0.12	1.75	4.11	(4.30)	8.70	(6.76)	27.17
TPST	3.20	(0.23)	0.00	(0.04)	0.00	0.00	5.56	(8.42)	24.26
CBIO	4.25	0.95	0.13	5.97	4.45	(6.17)	9.76	(8.33)	38.47
SCPH	2.71	(0.26)	0.00	(0.88)	0.00	0.00	5.07	(5.82)	20.70
MIST	2.70	0.50	0.13	0.58	3.06	(3.22)	8.08	(6.59)	20.63

Exicure Corporate Management

Bart Anderson	Director RD	Profile
Sarah Longoria	Chief Officer	Profile
Joshua Miller	Chief Officer	Profile
Elias Papadimas	CFO Sec	Profile

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