Imunon Correlations

Imunon Correlation With Market

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imunon Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

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 LYRA + 0.8 INTS AEON + 0.8 RNAZ ACXP + 0.73 LYRA ACXP + 0.6 INTS THAR + 0.59 IBIO ABP + 0.56 INTS

High negative correlations ABP - 0.61 IBIO ABP - 0.44 AEON INTS - 0.33 IBIO THAR - 0.3 ACXP ABP - 0.29 DWTX ABP - 0.28 RNAZ

Risk-Adjusted Indicators

There is a big difference between Imunon Stock performing well and Imunon 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 Imunon'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.