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Last Update: 15-Jul-2024, 18:00 CST

CERE Correlation Report

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Correlation Plot    ExplainYTD: CERE  -1.2 %  vs. SPX  18.1 % 
Cerevel Therapeutics Holdings Inc.

* Correlation: MODEST* Reward: correlation not >= 0.6 or <= -0.6
* Diversifier: MODEST* Risk: MODERATE

CC *Alpha *Beta *RR *R-Scatter *% Win *

0.130

-0.245

1.34

-3

-0.1

36.7
* Last 60 market days. CERE relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankCERE CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
1
0.434 Subscribe first then Login to view complete reports now

0.449

-0.340

3.08
2
1
0.434 Subscribe first then Login to view complete reports now

0.264

0.123

2.17
3
1
0.429 Subscribe first then Login to view complete reports now

0.493

-0.346

3.16
4
1
0.421 Subscribe first then Login to view complete reports now

0.389

0.089

1.86
5
0.414 LBPH - Longboard Pharmaceuticals Inc.

0.139

-0.849

9.33
Least Correlated Non-ETF Securities:
RankCERE CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
398
0.000 Subscribe first then Login to view complete reports now

0.020

-0.691

5.01
2
53
0.000 Subscribe first then Login to view complete reports now

-0.021

0.552

-2.23
3
420
0.000 Subscribe first then Login to view complete reports now

0.354

-1.098

6.20
4
90
0.000 Subscribe first then Login to view complete reports now

0.121

-0.467

3.84
5
196
0.000 DIN - Dine Brands Global Inc.

0.047

-1.645

3.85
Most Anti-Correlated Non-ETF Securities:
RankCERE CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
-0.433 Subscribe first then Login to view complete reports now

0.161

-4.800

16.06
2
-0.352 Subscribe first then Login to view complete reports now

0.074

-0.392

4.39
3
1
-0.351 Subscribe first then Login to view complete reports now

0.026

-0.041

3.35
4
1
-0.334 Subscribe first then Login to view complete reports now

-0.050

1.106

-7.84
5
1
-0.333 LRHC - La Rosa Holdings Corp.

-0.009

2.125

-14.79




 

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