Members Area  Sign UpLog In
Free Level 2 Quotes
Stock Analysis
Correlation Trading Platform
Correlations
Membership Benefits
 
AiStockCharts.com
Enter Symbol    
 

 



 

Last Update: 21-Feb-2024, 07:30 CST

OCUL Correlation Report

     Printer Friendly

Correlation Plot    ExplainYTD: OCUL  68.6 %  vs. SPX  4.3 % 
Ocular Therapeutix Inc.

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

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

0.230

0.240

9.94

1

0.1

56.7
* Last 60 market days. OCUL relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankOCUL CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.700 Subscribe first then Login to view complete reports now

0.314

-0.549

7.50
2
0.686 Subscribe first then Login to view complete reports now

0.466

-1.291

5.52
3
0.653 Subscribe first then Login to view complete reports now

0.302

-0.317

3.50
4
0.641 Subscribe first then Login to view complete reports now

0.238

-1.643

7.26
5
0.613 OABI - OmniAb Inc.

0.405

-0.423

4.16
Least Correlated Non-ETF Securities:
RankOCUL CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
131
0.000 Subscribe first then Login to view complete reports now

0.133

0.064

1.44
2
26
0.000 Subscribe first then Login to view complete reports now

-0.198

2.776

-8.96
3
61
0.000 Subscribe first then Login to view complete reports now

0.094

-0.227

2.33
4
27
0.000 Subscribe first then Login to view complete reports now

0.500

0.134

2.04
5
10
0.000 UBER - Uber Technologies Inc.

0.486

-0.106

2.78
Most Anti-Correlated Non-ETF Securities:
RankOCUL CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
-0.411 Subscribe first then Login to view complete reports now

0.005

-0.476

1.83
2
-0.334 Subscribe first then Login to view complete reports now

0.211

-0.172

1.63
3
-0.289 Subscribe first then Login to view complete reports now

0.056

0.076

3.24
4
11
-0.271 Subscribe first then Login to view complete reports now

0.267

0.125

1.93
5
1
-0.269 RNR - RenaissanceRe Holdings Ltd.

0.120

-0.327

2.58




 

Any specific investment or investment service contained or referred to in this web site may not be suitable for all visitors to this site. An investment in stocks may mean investors may lose an amount even greater than their original investment. Anyone wishing to invest or speculate in the stock market should seek his or her own financial or professional advice. AiStockCharts.com is not an investment advisory service and does not recommend the purchase or sale of stocks. There are no licensed financial advisors working at AiStockCharts.com.

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING SYSTEM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. THE RISK OF LOSS IN TRADING STOCKS CAN BE SUBSTANTIAL.

Stock trading is speculative and a substantial risk of loss exists. Past performance is not necessarily indicative of future results.

Copyright © 2005-2024 AiStockCharts.com,   All rights Reserved.