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Last Update: 04-Oct-2024, 17:57 CST

EWTX Correlation Report

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Correlation Plot    ExplainYTD: EWTX  159.6 %  vs. SPX  20.6 % 
Edgewise Therapeutics Inc.

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

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

0.365

-0.706

4.04

-23

6.9

43.3
* Last 60 market days. EWTX relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankEWTX CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.534 Subscribe first then Login to view complete reports now

0.531

-0.094

2.45
2
0.513 Subscribe first then Login to view complete reports now

0.352

-0.427

2.75
3
0.512 Subscribe first then Login to view complete reports now

0.498

-0.301

3.78
4
1
0.500 Subscribe first then Login to view complete reports now

0.461

0.010

6.61
5
2
0.492 RVMD - Revolution Medicines Inc.

0.529

0.209

2.24
Least Correlated Non-ETF Securities:
RankEWTX CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
205
0.000 Subscribe first then Login to view complete reports now

-0.019

0.353

-1.13
2
136
0.000 Subscribe first then Login to view complete reports now

0.353

-0.219

2.11
3
322
0.001 Subscribe first then Login to view complete reports now

0.512

0.059

1.11
4
6
0.001 Subscribe first then Login to view complete reports now

0.510

0.101

1.36
5
68
0.001 ADP - Automatic Data Processing Inc.

0.430

0.260

0.86
Most Anti-Correlated Non-ETF Securities:
RankEWTX CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
2
-0.347 Subscribe first then Login to view complete reports now

-0.070

0.122

-1.23
2
19
-0.340 Subscribe first then Login to view complete reports now

-0.194

0.228

-1.38
3
2
-0.327 Subscribe first then Login to view complete reports now

0.079

-0.075

1.19
4
6
-0.308 Subscribe first then Login to view complete reports now

-0.056

0.009

-3.19
5
1
-0.307 GNLN - Greenlane Holdings Inc.

-0.030

-2.974

-9.82




 

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