Cybin Correlations

CYBN Stock

USD 9.91 0.13 1.33%

The current 90-days correlation between Cybin Inc and GH Research PLC is 0.19 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cybin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cybin Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Cybin Correlation With Market

Average diversification

The correlation between Cybin Inc and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cybin 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 Cybin 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 bureau of labor statistics.

Moving together with Cybin Stock

0.63	BMY	Bristol Myers Squibb	Pair Corr
0.67	GILD	Gilead Sciences	Pair Corr

Moving against Cybin Stock

0.73	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.55	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.5	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.48	LLY	Eli Lilly	Pair Corr
0.47	VALN	Valneva SE ADR	Pair Corr
0.46	ERNA	Eterna Therapeutics	Pair Corr
0.36	INBX	Inhibrx Symbol Change	Pair Corr
0.69	REGN	Regeneron Pharmaceuticals	Pair Corr
0.68	AKAN	Akanda Corp	Pair Corr
0.6	MRVI	Maravai Lifesciences	Pair Corr
0.54	SXTPW	60 Degrees Pharmaceu	Pair Corr
0.47	AMGN	Amgen Inc	Pair Corr
0.46	ABBV	AbbVie Inc	Pair Corr
0.35	NUVL	Nuvalent	Pair Corr
0.72	TTOO	T2 Biosystms	Pair Corr
0.68	BCDA	Biocardia	Pair Corr
0.64	TOVX	Theriva Biologics	Pair Corr
0.6	ARDX	Ardelyx	Pair Corr
0.57	TELO	Telomir Pharmaceuticals,	Pair Corr
0.55	SMMT	Summit Therapeutics PLC	Pair Corr

Related Correlations Analysis

	MNMD	SEEL	GHRS	AWKNF	ATAI	FBIO	BPTH	VCNX	ELYM	OPT
MNMD		-0.7	0.8	0.54	0.82	0.36	-0.57	0.24	-0.68	-0.54	MNMD
SEEL	-0.7		-0.49	-0.34	-0.69	-0.28	0.68	0.18	0.86	0.35	SEEL
GHRS	0.8	-0.49		0.65	0.74	0.28	-0.39	0.3	-0.6	-0.6	GHRS
AWKNF	0.54	-0.34	0.65		0.38	0.17	-0.12	-0.01	-0.57	-0.24	AWKNF
ATAI	0.82	-0.69	0.74	0.38		0.34	-0.71	0.29	-0.63	-0.69	ATAI
FBIO	0.36	-0.28	0.28	0.17	0.34		-0.29	0.37	-0.47	-0.18	FBIO
BPTH	-0.57	0.68	-0.39	-0.12	-0.71	-0.29		-0.32	0.46	0.66	BPTH
VCNX	0.24	0.18	0.3	-0.01	0.29	0.37	-0.32		0.21	-0.69	VCNX
ELYM	-0.68	0.86	-0.6	-0.57	-0.63	-0.47	0.46	0.21		0.25	ELYM
OPT	-0.54	0.35	-0.6	-0.24	-0.69	-0.18	0.66	-0.69	0.25		OPT
	MNMD	SEEL	GHRS	AWKNF	ATAI	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
ATAI	+ 0.82	MNMD
GHRS	+ 0.8	MNMD
ATAI	+ 0.74	GHRS
BPTH	+ 0.68	SEEL
OPT	+ 0.66	BPTH

High negative correlations

BPTH	- 0.71	ATAI
SEEL	- 0.7	MNMD
OPT	- 0.69	VCNX
OPT	- 0.69	ATAI
ATAI	- 0.69	SEEL
ELYM	- 0.68	MNMD

Risk-Adjusted Indicators

There is a big difference between Cybin Stock performing well and Cybin 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 Cybin'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	3.62	0.04	0.06	0.10	3.76	(4.76)	9.76	(7.51)	24.75
SEEL	8.53	(3.43)	0.00	(6.50)	0.00	0.00	13.18	(25.00)	104.99
GHRS	3.28	(0.14)	0.00	(0.04)	0.00	0.00	8.59	(5.76)	26.09
AWKNF	7.12	0.20	0.00	0.01	0.00	0.00	18.00	(19.73)	43.08
ATAI	4.14	0.03	0.04	0.10	4.01	(5.35)	11.01	(6.87)	25.61
FBIO	3.79	0.08	0.02	0.14	4.51	(4.85)	9.52	(5.78)	26.13
BPTH	4.12	(0.37)	0.00	1.32	0.00	0.00	6.90	(7.76)	51.22
VCNX	6.55	(0.24)	0.00	(0.35)	0.00	0.00	11.52	(16.55)	54.95
ELYM	3.62	(1.01)	0.00	1.32	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

Cybin Corporate Management

Erica Olson	VP Controller	Profile
Alex Nivorozhkin	Chief Officer	Profile
Greg Cavers	Chief Officer	Profile
Gabriel Fahel	Chief Secretary	Profile
John Kanakis	CoFounder	Profile
Douglas Drysdale	Chief Officer	Profile

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