Biophytis Correlations

Delisted . USA . 
Stock . Biophytis
BPTSDelisted Stock  USD 7.03  0.00  0.00%   
The correlation of Biophytis 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.

Biophytis Correlation With Market

Good diversification

The correlation between Biophytis 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 Biophytis and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios. 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 Biophytis Stock

  0.82PPERY Bank Mandiri PerseroPairCorr
  0.76PPERF Bank Mandiri PerseroPairCorr
  0.73BKRKF PT Bank RakyatPairCorr
  0.88BKRKY Bank RakyatPairCorr
  0.63PTBRY Bank Negara Indonesia Normal TradingPairCorr
  0.72JNJ Johnson Johnson Fiscal Year End 28th of January 2025 PairCorr
  0.83KO Coca Cola Fiscal Year End 11th of February 2025 PairCorr
  0.88MRK Merck Company Fiscal Year End 6th of February 2025 PairCorr

Moving against Biophytis Stock

  0.9CSCO Cisco SystemsPairCorr
  0.81BAC Bank of America Fiscal Year End 10th of January 2025 PairCorr
  0.77AXP American Express Fiscal Year End 24th of January 2025 PairCorr
  0.7HPQ HP IncPairCorr
  0.69T ATT Inc Fiscal Year End 22nd of January 2025 PairCorr
  0.68HD Home DepotPairCorr
  0.67DIS Walt DisneyPairCorr
  0.62KB KB Financial GroupPairCorr
  0.55INTC Intel Fiscal Year End 23rd of January 2025 PairCorr
  0.52XOM Exxon Mobil Corp Fiscal Year End 7th of February 2025 PairCorr

Related Correlations Analysis

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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   
JPM
+ 0.92
CRM
CRM
+ 0.87
T
JPM
+ 0.85
T
CRM
+ 0.66
META
JPM
+ 0.61
F
MRK
+ 0.58
A
  
High negative correlations   
MRK
- 0.87
JPM
MRK
- 0.85
CRM
MRK
- 0.74
T
T
- 0.55
UBER
XOM
- 0.51
MSFT
JPM
- 0.48
A

Risk-Adjusted Indicators

There is a big difference between Biophytis Stock performing well and Biophytis 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 Biophytis' 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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
META  1.15  0.26  0.13  0.63  1.17 
(1.34)
 3.22 
(1.87)
 8.02 
MSFT  0.88  0.07  0.01  0.23  1.35 
(0.87)
 2.09 
(1.57)
 8.19 
UBER  1.78 (0.22) 0.00 (0.07) 0.00 
 0.00 
 2.69 
(2.88)
 20.41 
F  1.43 (0.15)(0.04) 0.01  2.22 
(1.41)
 2.53 
(2.90)
 11.21 
T  0.98  0.15  0.03  3.35  1.06 
(1.06)
 2.36 
(1.99)
 6.74 
A  1.22  0.01 (0.04) 0.14  1.48 
(1.28)
 2.71 
(2.41)
 9.02 
CRM  1.46  0.39  0.28  0.39  1.01 
(1.68)
 3.59 
(1.93)
 13.87 
JPM  1.08 (0.02) 0.05  0.10  1.30 
(1.20)
 1.73 
(1.44)
 15.87 
MRK  0.92 (0.22) 0.00 (0.77) 0.00 
 0.00 
 2.00 
(2.17)
 4.89 
XOM  0.96 (0.05) 0.00 (0.07) 0.00 
 0.00 
 1.83 
(2.65)
 6.06 

View Biophytis Related Equities

 Risk & Return  Correlation

Biophytis Corporate Management

Edouard BiethChief OfficerProfile
Philippe RousseauChief OfficerProfile
Waly DiohChief OfficerProfile
Pierre DildaChief OfficerProfile
Benoit CanolleChief OfficerProfile
Stanislas VeilletChairman CEOProfile
Rene LafontScientific BoardProfile

Still Interested in Biophytis?

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