Creative Medical Correlations
| CELZ Stock | USD 1.93 0.15 8.43% |
The current 90-days correlation between Creative Medical Tec and GeoVax Labs is 0.17 (i.e., Average diversification). The correlation of Creative Medical 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.
Creative Medical Correlation With Market
Pay attention - limited upside
The correlation between Creative Medical Technology and DJI is -0.74 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Creative Medical Technology and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Creative Stock
| 0.77 | EDIT | Editas Medicine | PairCorr |
| 0.79 | EVGN | Evogene | PairCorr |
| 0.64 | ABP | Abpro Holdings | PairCorr |
| 0.68 | QSI | QuantumSi | PairCorr |
| 0.75 | GNLX | Genelux Common | PairCorr |
| 0.8 | IMRN | Immuron Ltd ADR | PairCorr |
| 0.61 | LYRA | Lyra Therapeutics | PairCorr |
| 0.67 | MBIO | Mustang Bio | PairCorr |
| 0.85 | ACXP | Acurx Pharmaceuticals LLC | PairCorr |
Moving against Creative Stock
| 0.81 | DSGN | Design Therapeutics | PairCorr |
| 0.81 | IMMP | Immutep Ltd ADR | PairCorr |
| 0.62 | KYTX | Kyverna Therapeutics | PairCorr |
| 0.61 | ENGN | enGene Holdings Common | PairCorr |
| 0.49 | 63E | ONWARD MEDICAL BV | PairCorr |
| 0.9 | AVE | Avecho Biotechnology | PairCorr |
| 0.84 | ANNX | Annexon | PairCorr |
| 0.79 | SLDB | Solid Biosciences LLC | PairCorr |
| 0.77 | SVRA | Savara Inc | PairCorr |
| 0.75 | MRKR | Marker Therapeutics | PairCorr |
| 0.7 | BOLT | Bolt Biotherapeutics | PairCorr |
| 0.56 | RCKT | Rocket Pharmaceuticals | PairCorr |
| 0.47 | AVCR | Avricore Health | PairCorr |
| 0.46 | BCAX | Bicara Therapeutics | PairCorr |
| 0.87 | SMFG | Sumitomo Mitsui Financial Normal Trading | PairCorr |
| 0.86 | CAPR | Capricor Therapeutics | PairCorr |
| 0.85 | SMFNF | Sumitomo Mitsui Financial | PairCorr |
| 0.74 | CADL | Candel Therapeutics | PairCorr |
Related Correlations Analysis
| 0.85 | -0.26 | 0.74 | -0.87 | GOVX | ||
| 0.85 | -0.1 | 0.64 | -0.73 | BLRX | ||
| -0.26 | -0.1 | 0.2 | 0.4 | THAR | ||
| 0.74 | 0.64 | 0.2 | -0.57 | AIMD | ||
| -0.87 | -0.73 | 0.4 | -0.57 | LPCN | ||
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Creative Stock performing well and Creative Medical 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 Creative Medical'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GOVX | 5.33 | (2.41) | 0.00 | (0.83) | 0.00 | 9.38 | 42.89 | |||
| BLRX | 2.59 | (0.27) | 0.00 | (0.19) | 0.00 | 5.20 | 13.04 | |||
| THAR | 5.48 | 0.50 | 0.08 | 0.40 | 5.92 | 11.55 | 40.06 | |||
| AIMD | 4.50 | (0.89) | 0.00 | (0.22) | 0.00 | 12.30 | 38.73 | |||
| LPCN | 5.03 | 2.00 | 0.39 | (14.40) | 3.32 | 15.95 | 33.09 |
Creative Medical Corporate Executives
Elected by the shareholders, the Creative Medical's board of directors comprises two types of representatives: Creative Medical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Creative. The board's role is to monitor Creative Medical's management team and ensure that shareholders' interests are well served. Creative Medical's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Creative Medical's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Donald MBA | CFO VP | Profile |