Aslan Pharmaceuticals Correlations
| ASLNDelisted Stock | USD 0.60 0.03 4.76% |
The current 90-days correlation between Aslan Pharmaceuticals and NewAmsterdam Pharma is -0.01 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aslan Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aslan Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Aslan Pharmaceuticals Correlation With Market
Good diversification
The correlation between Aslan Pharmaceuticals and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aslan Pharmaceuticals and DJI in the same portfolio, assuming nothing else is changed.
Aslan |
Moving together with Aslan Stock
| 0.72 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.75 | BKRKY | Bank Rakyat | PairCorr |
| 0.76 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.69 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.77 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.64 | PBCRY | Bank Central Asia | PairCorr |
| 0.75 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
Moving against Aslan Stock
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| 0.81 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.79 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.79 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.76 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.72 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.6 | PTAIF | PT Astra International | PairCorr |
| 0.56 | HD | Home Depot | PairCorr |
| 0.52 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.47 | SSNLF | Samsung Electronics | PairCorr |
| 0.44 | HPQ | HP Inc | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Aslan Stock performing well and Aslan Pharmaceuticals 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 Aslan Pharmaceuticals' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GLUE | 5.18 | 0.88 | 0.25 | 0.43 | 3.74 | 8.10 | 102.66 | |||
| NAMS | 2.35 | 0.07 | 0.06 | 0.16 | 3.39 | 5.33 | 29.23 | |||
| IVA | 3.37 | 0.29 | 0.04 | 1.26 | 4.09 | 7.26 | 49.76 | |||
| CGEM | 2.89 | (0.71) | 0.00 | (0.21) | 0.00 | 5.88 | 17.85 | |||
| CMPX | 4.07 | 0.21 | 0.10 | 0.20 | 4.24 | 11.19 | 29.38 | |||
| GPCR | 2.88 | (0.27) | 0.00 | (0.30) | 0.00 | 8.18 | 24.50 | |||
| IOBT | 5.52 | (0.79) | 0.00 | (0.17) | 0.00 | 9.92 | 69.64 | |||
| ERAS | 3.18 | (0.19) | (0.02) | 0.03 | 3.53 | 7.34 | 17.38 | |||
| LYRA | 4.22 | (0.60) | 0.00 | (0.31) | 0.00 | 10.53 | 41.07 | |||
| ANEB | 4.86 | (0.19) | 0.00 | (0.01) | 0.00 | 8.61 | 76.00 |
View Aslan Pharmaceuticals Related Equities
| Risk & Return | Correlation |
Aslan Pharmaceuticals Corporate Management
| Alexandre MD | Chief Officer | Profile | |
| Stephen Doyle | Chief Officer | Profile | |
| Charlie Hsu | Investor Director | Profile | |
| ChiChin Wang | IR Director | Profile | |
| Ben Goodger | General Counsel | Profile | |
| Carl EMBA | CEO Founder | Profile |
Still Interested in Aslan Pharmaceuticals?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.