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

PTN Correlation Report

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Correlation Plot    ExplainYTD: PTN  -77.8 %  vs. SPX  20.6 % 
Palatin Technologies Inc.

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

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

0.194

-1.565

4.78

-12

0.8

41.7
* Last 60 market days. PTN relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankPTN CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.495 Subscribe first then Login to view complete reports now

0.356

-0.632

3.32
2
0.488 Subscribe first then Login to view complete reports now

0.426

-0.734

4.16
3
2
0.444 Subscribe first then Login to view complete reports now

0.568

0.068

2.66
4
0.442 Subscribe first then Login to view complete reports now

0.598

-0.232

2.33
5
2
0.440 BDTX - Black Diamond Therapeutics Inc.

0.478

0.081

5.36
Least Correlated Non-ETF Securities:
RankPTN CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
316
0.000 Subscribe first then Login to view complete reports now

-0.170

0.286

-0.83
2
305
0.000 Subscribe first then Login to view complete reports now

0.193

-0.051

0.40
3
171
0.000 Subscribe first then Login to view complete reports now

0.318

0.040

4.28
4
985
0.000 Subscribe first then Login to view complete reports now

0.297

-0.223

1.25
5
213
0.000 NXE - Nexgen Energy Ltd. Common Shares

0.643

-0.229

3.01
Most Anti-Correlated Non-ETF Securities:
RankPTN CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
1
-0.384 Subscribe first then Login to view complete reports now

0.206

-0.076

3.01
2
1
-0.379 Subscribe first then Login to view complete reports now

0.061

-0.336

3.57
3
2
-0.368 Subscribe first then Login to view complete reports now

0.244

0.025

3.02
4
9
-0.346 Subscribe first then Login to view complete reports now

0.233

-0.812

2.91
5
1
-0.318 BILI - Bilibili Inc. - ADR

0.143

-1.411

5.23




 

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