ATAI Life Correlations

ATAI Stock

USD 1.33 0.03 2.21%

The current 90-days correlation between ATAI Life Sciences and GH Research PLC is 0.23 (i.e., Modest diversification). The correlation of ATAI Life 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.

ATAI Life Correlation With Market

Weak diversification

The correlation between ATAI Life Sciences and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ATAI Life Sciences 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 ATAI Life Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with ATAI Stock

0.78	DYAI	Dyadic International	Pair Corr
0.7	ESPR	Esperion Therapeutics	Pair Corr
0.74	BMY	Bristol Myers Squibb	Pair Corr
0.82	MNMD	Mind Medicine	Pair Corr
0.63	ABCL	Abcellera Biologics	Pair Corr

Moving against ATAI Stock

0.81	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.8	VALN	Valneva SE ADR	Pair Corr
0.73	GNFT	Genfit	Pair Corr
0.72	LLY	Eli Lilly	Pair Corr
0.69	ERNA	Eterna Therapeutics	Pair Corr
0.65	IMAB	I Mab	Pair Corr
0.62	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.59	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.44	INBX	Inhibrx Symbol Change	Pair Corr
0.8	MRVI	Maravai Lifesciences	Pair Corr
0.76	ABBV	AbbVie Inc	Pair Corr
0.75	AMGN	Amgen Inc	Pair Corr
0.69	REGN	Regeneron Pharmaceuticals	Pair Corr
0.62	SXTPW	60 Degrees Pharmaceu	Pair Corr
0.52	AKAN	Akanda Corp	Pair Corr
0.49	MBIO	Mustang Bio	Pair Corr
0.46	RANI	Rani Therapeutics	Pair Corr
0.38	NUVL	Nuvalent	Pair Corr
0.37	ALVO	Alvotech	Pair Corr
0.34	ABOS	Acumen Pharmaceuticals	Pair Corr
0.82	TFFP	Tff Pharmaceuticals	Pair Corr
0.72	APGE	Apogee Therapeutics,	Pair Corr
0.66	ARDX	Ardelyx	Pair Corr
0.65	TTOO	T2 Biosystms	Pair Corr
0.62	BCDA	Biocardia	Pair Corr
0.61	AVDL	Avadel Pharmaceuticals	Pair Corr

Related Correlations Analysis

	MNMD	SEEL	GHRS	FRLN	CYBN	FBIO	BPTH	VCNX	ELYM	OPT
MNMD		-0.7	0.8	-0.2	0.58	0.37	-0.57	0.27	-0.71	-0.52	MNMD
SEEL	-0.7		-0.54	0.29	-0.57	-0.3	0.69	0.13	0.86	0.35	SEEL
GHRS	0.8	-0.54		-0.32	0.51	0.28	-0.39	0.3	-0.65	-0.53	GHRS
FRLN	-0.2	0.29	-0.32		-0.59	0.17	-0.26	0.62	0.41	-0.35	FRLN
CYBN	0.58	-0.57	0.51	-0.59		0.06	-0.19	-0.36	-0.62	0.12	CYBN
FBIO	0.37	-0.3	0.28	0.17	0.06		-0.29	0.38	-0.5	-0.18	FBIO
BPTH	-0.57	0.69	-0.39	-0.26	-0.19	-0.29		-0.35	0.46	0.69	BPTH
VCNX	0.27	0.13	0.3	0.62	-0.36	0.38	-0.35		0.13	-0.69	VCNX
ELYM	-0.71	0.86	-0.65	0.41	-0.62	-0.5	0.46	0.13		0.25	ELYM
OPT	-0.52	0.35	-0.53	-0.35	0.12	-0.18	0.69	-0.69	0.25		OPT
	MNMD	SEEL	GHRS	FRLN	CYBN	FBIO	BPTH	VCNX	ELYM	OPT

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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

ELYM	+ 0.86	SEEL
GHRS	+ 0.8	MNMD
BPTH	+ 0.69	SEEL
OPT	+ 0.69	BPTH
VCNX	+ 0.62	FRLN
CYBN	+ 0.58	MNMD

High negative correlations

ELYM	- 0.71	MNMD
SEEL	- 0.7	MNMD
OPT	- 0.69	VCNX
ELYM	- 0.65	GHRS
ELYM	- 0.62	CYBN
CYBN	- 0.59	FRLN

Risk-Adjusted Indicators

There is a big difference between ATAI Stock performing well and ATAI Life 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 ATAI Life'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
MNMD	3.61	0.08	0.06	0.10	3.82	(4.73)	9.76	(7.51)	24.75
SEEL	8.53	(3.06)	0.00	0.79	0.00	0.00	13.18	(25.00)	104.99
GHRS	3.35	0.00	0.00	0.07	4.17	(3.77)	8.59	(5.76)	26.09
FRLN	5.90	(0.36)	0.00	(0.03)	0.00	0.00	14.23	(13.11)	72.38
CYBN	3.66	0.45	0.10	0.68	3.88	(4.28)	9.30	(7.40)	24.94
FBIO	3.71	(0.08)	(0.01)	0.02	4.54	(4.74)	9.52	(5.78)	22.17
BPTH	4.08	(0.41)	0.00	1.07	0.00	0.00	6.90	(7.76)	51.22
VCNX	6.57	(0.25)	0.00	(0.38)	0.00	0.00	11.52	(16.55)	54.95
ELYM	3.62	(1.04)	0.00	1.76	0.00	0.00	6.00	(9.35)	22.16
OPT	3.06	0.06	0.01	0.15	3.93	(3.51)	9.15	(7.49)	24.20

ATAI Life Corporate Management

Ryan JD	General VP	Profile
Ryan Barrett	General VP	Profile
Rolando MD	Chief Officer	Profile
Stephen Bardin	Advisor	Profile
Michael Raven	Senior Operations	Profile
Madison Crawford	Sr Accounting	Profile
Glenn Short	Senior Development	Profile

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