MeaTech 3D Correlations

MTTCF Stock

USD 0.0016 0.00 0.00%

The current 90-days correlation between MeaTech 3D and Bell Buckle Holdings is 0.2 (i.e., Modest diversification).The correlation of MeaTech 3D is a statistical measure of how it moves in relation to other instruments. The correlation coefficient ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5.

MeaTech 3D vs Market Correlation

Very good diversification

Across the chosen horizon, MTTCF and DJI show a correlation of -0.31 and fall into the Very good diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.

Correlation analysis helps compare MeaTech 3D with similar exposures for allocation context. Some jurisdictions apply wash sale rules to substantially identical replacements; this is provided as general context.

Moving against MeaTech Pink Sheet

0.57	CIADF	China Mengniu Dairy	Pair Corr
0.51	SNPHF	Santen Pharmaceutical	Pair Corr
0.47	K	Kellanova	Pair Corr
0.36	CIADY	China Mengniu Dairy	Pair Corr
0.32	MZDAF	Mazda Motor	Pair Corr
0.47	AIV	Apartment Investment and	Pair Corr
0.35	NVS	Novartis AG ADR	Pair Corr
0.35	CSTM	Constellium Nv	Pair Corr
0.31	BKKPF	Bangkok Bank Public	Pair Corr
0.31	L	Loews Corp	Pair Corr
0.61	PETS	PetMed Express	Pair Corr
0.34	SAR	Saratoga Investment Corp	Pair Corr
0.34	LRCX	Lam Research Corp	Pair Corr
0.33	KNBHF	Knorr Bremse Aktieng	Pair Corr

Related Correlations Analysis

	BLEG	NUVM	DZGH	VGGIF	BLLB	AMNC	CULTF	ALKM	NBVG
BLEG		0.06	0.0	0.0	-0.1	-0.47	-0.35	0.0	0.0	BLEG
NUVM	0.06		0.0	0.0	-0.49	0.56	0.13	0.0	0.0	NUVM
DZGH	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	DZGH
VGGIF	0.0	0.0	0.0		0.0	0.0	0.0	1.0	0.0	VGGIF
BLLB	-0.1	-0.49	0.0	0.0		-0.07	0.12	0.0	0.0	BLLB
AMNC	-0.47	0.56	0.0	0.0	-0.07		0.53	0.0	0.0	AMNC
CULTF	-0.35	0.13	0.0	0.0	0.12	0.53		0.0	0.0	CULTF
ALKM	0.0	0.0	0.0	1.0	0.0	0.0	0.0		0.0	ALKM
NBVG	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		NBVG
	BLEG	NUVM	DZGH	VGGIF	BLLB	AMNC	CULTF	ALKM	NBVG

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

ALKM	+ 1.0	VGGIF
AMNC	+ 0.56	NUVM
CULTF	+ 0.53	AMNC
CULTF	+ 0.13	NUVM
CULTF	+ 0.12	BLLB
NUVM	+ 0.06	BLEG

High negative correlations

BLLB	- 0.49	NUVM
AMNC	- 0.47	BLEG
CULTF	- 0.35	BLEG
BLLB	- 0.1	BLEG
AMNC	- 0.07	BLLB
NBVG	- 0.0	ALKM

Risk-Adjusted Indicators

There is a big difference between MeaTech Pink Sheet performing well and MeaTech 3D 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 MeaTech 3D'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
BLEG	10.21	1.63	0.06	-236.44	10.68	-43.75	33.33	-25.00	133.33
NUVM	1.99	-1.07	0.00	-1.04	0.00	0.00	0.00	-2.00	31.45
DZGH	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
VGGIF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BLLB	3.80	0.66	0.00	0.21	0.00	0.00	16.67	-14.29	56.67
AMNC	2.91	-1.49	0.00	-1.16	0.00	0.00	0.00	0.00	97.60
CULTF	14.14	1.81	0.10	0.94	12.48	-32.92	45.45	-28.57	130.77
ALKM	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NBVG	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Be your own money manager

Optimization tools can help investors judge whether capital allocated to MeaTech 3D is being used efficiently relative to other opportunities in the same equity universe. This is most useful when investors want to improve risk-adjusted return instead of simply owning more ideas at once.

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MeaTech 3D Corporate Management

Lena Birger	Chief Designer	Profile
Idan Gal	Chief Scientist	Profile
Dan Kozlovski	Chief Officer	Profile
Lior Yedidya	Chief Chemist	Profile
Guy Hefer	Chief Officer	Profile
Omri Schanin	Deputy COO	Profile
Avraham Hampel	VP Devel	Profile

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