Aditxt Correlations

ADTX Stock

USD 0.37 0.02 5.71%

The current 90-days correlation between Aditxt Inc and Dermata Therapeutics is 0.19 (i.e., Average diversification). The correlation of Aditxt is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Aditxt Correlation With Market

Significant diversification

The correlation between Aditxt Inc and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aditxt Inc and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aditxt Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Moving together with Aditxt Stock

0.67	ELAN	Elanco Animal Health	Pair Corr
0.69	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.79	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.65	RDY	Dr Reddys Laboratories	Pair Corr
0.73	TAK	Takeda Pharmaceutical	Pair Corr
0.62	LTRN	Lantern Pharma	Pair Corr
0.62	ANRO	Alto Neuroscience,	Pair Corr
0.79	SIGA	SIGA Technologies	Pair Corr

Moving against Aditxt Stock

0.92	EWTX	Edgewise Therapeutics	Pair Corr
0.85	BHC	Bausch Health Companies	Pair Corr
0.79	GILD	Gilead Sciences	Pair Corr
0.78	BMY	Bristol Myers Squibb Sell-off Trend	Pair Corr
0.76	GANX	Gain Therapeutics	Pair Corr
0.67	ESPR	Esperion Therapeutics Buyout Trend	Pair Corr
0.62	EBS	Emergent Biosolutions	Pair Corr
0.55	WAT	Waters	Pair Corr
0.52	HCM	HUTCHMED DRC	Pair Corr
0.52	BCTXW	BriaCell Therapeutics	Pair Corr
0.32	VTRS	Viatris	Pair Corr
0.76	BSX	Boston Scientific Corp Sell-off Trend	Pair Corr
0.57	CPRX	Catalyst Pharmaceuticals	Pair Corr
0.39	CMND	Clearmind Medicine Common	Pair Corr
0.37	ABT	Abbott Laboratories Sell-off Trend	Pair Corr
0.35	MNMD	Mind Medicine	Pair Corr
0.33	DXCM	DexCom Inc Sell-off Trend	Pair Corr

Related Correlations Analysis

	NRBO	DRMA	UNCY	REVB	PALI	PSTV	QNRX	ALLR	KRBP	VRAX
NRBO		0.78	-0.59	0.54	0.72	0.57	0.08	0.79	0.76	0.63	NRBO
DRMA	0.78		-0.55	0.45	0.77	0.68	-0.03	0.56	0.67	0.45	DRMA
UNCY	-0.59	-0.55		-0.42	-0.75	-0.4	0.13	-0.61	-0.61	-0.43	UNCY
REVB	0.54	0.45	-0.42		0.3	0.22	0.23	0.66	0.29	0.72	REVB
PALI	0.72	0.77	-0.75	0.3		0.63	0.06	0.52	0.64	0.33	PALI
PSTV	0.57	0.68	-0.4	0.22	0.63		-0.2	0.34	0.53	0.19	PSTV
QNRX	0.08	-0.03	0.13	0.23	0.06	-0.2		0.14	-0.21	0.18	QNRX
ALLR	0.79	0.56	-0.61	0.66	0.52	0.34	0.14		0.62	0.9	ALLR
KRBP	0.76	0.67	-0.61	0.29	0.64	0.53	-0.21	0.62		0.43	KRBP
VRAX	0.63	0.45	-0.43	0.72	0.33	0.19	0.18	0.9	0.43		VRAX
	NRBO	DRMA	UNCY	REVB	PALI	PSTV	QNRX	ALLR	KRBP	VRAX

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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

VRAX	+ 0.9	ALLR
ALLR	+ 0.79	NRBO
DRMA	+ 0.78	NRBO
PALI	+ 0.77	DRMA
KRBP	+ 0.76	NRBO
PALI	+ 0.72	NRBO

High negative correlations

PALI	- 0.75	UNCY
KRBP	- 0.61	UNCY
ALLR	- 0.61	UNCY
UNCY	- 0.59	NRBO
UNCY	- 0.55	DRMA
VRAX	- 0.43	UNCY

Risk-Adjusted Indicators

There is a big difference between Aditxt Stock performing well and Aditxt 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 Aditxt'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
NRBO	3.35	(0.50)	0.00	(2.54)	0.00	0.00	6.76	(7.34)	25.62
DRMA	4.92	(0.61)	0.00	(0.22)	0.00	0.00	9.22	(8.05)	69.06
UNCY	4.14	1.07	0.19	0.84	4.13	(5.41)	10.26	(7.32)	29.22
REVB	3.64	(0.67)	0.00	(0.22)	0.00	0.00	8.97	(7.83)	34.52
PALI	3.46	(0.36)	0.00	0.61	0.00	0.00	5.97	(8.55)	24.25
PSTV	3.89	(0.02)	0.00	(0.18)	0.00	0.00	7.63	(9.56)	41.21
QNRX	5.95	0.39	0.06	0.40	6.53	(8.76)	17.65	(9.68)	74.46
ALLR	4.97	(2.02)	0.00	(1.87)	0.00	0.00	10.85	(16.11)	41.48
KRBP	6.00	(0.40)	0.00	(0.10)	0.00	0.00	12.04	(10.96)	65.24
VRAX	5.71	(0.95)	0.00	2.22	0.00	0.00	9.65	(12.90)	61.28

Aditxt Corporate Management

CPA CPA	President	Profile
Thomas CPA	Chief Officer	Profile
Matthew Shatzkes	Chief Counsel	Profile
MS MD	Senior Discovery	Profile
Dr D	Senior Transplantation	Profile
Amro Albanna	Chairman CoFounder	Profile

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