InflaRx NV Correlations

IFRX Stock

USD 2.36 0.05 2.16%

The current 90-days correlation between InflaRx NV and Generation Bio Co is -0.06 (i.e., Good diversification). The correlation of InflaRx NV 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.

InflaRx NV Correlation With Market

Significant diversification

The correlation between InflaRx NV and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding InflaRx NV and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InflaRx NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy InflaRx Stock please use our How to Invest in InflaRx NV guide.

Moving together with InflaRx Stock

0.86	DYAI	Dyadic International	Pair Corr
0.84	ESPR	Esperion Therapeutics	Pair Corr
0.75	BMY	Bristol Myers Squibb	Pair Corr
0.61	MNMD	Mind Medicine	Pair Corr
0.62	ABCL	Abcellera Biologics	Pair Corr

Moving against InflaRx Stock

0.92	ERNA	Eterna Therapeutics	Pair Corr
0.91	VALN	Valneva SE ADR	Pair Corr
0.8	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.8	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.72	GNFT	Genfit	Pair Corr
0.66	LLY	Eli Lilly	Pair Corr
0.6	SLS	Sellas Life Sciences	Pair Corr
0.57	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.54	IMAB	I Mab	Pair Corr
0.51	INBX	Inhibrx Symbol Change	Pair Corr
0.91	AMGN	Amgen Inc	Pair Corr
0.76	MRVI	Maravai Lifesciences	Pair Corr
0.75	REGN	Regeneron Pharmaceuticals	Pair Corr
0.71	RANI	Rani Therapeutics	Pair Corr
0.66	ABBV	AbbVie Inc	Pair Corr
0.65	SXTPW	60 Degrees Pharmaceu	Pair Corr
0.65	MBIO	Mustang Bio	Pair Corr
0.55	ABOS	Acumen Pharmaceuticals	Pair Corr
0.54	AKAN	Akanda Corp	Pair Corr
0.45	INKT	Mink Therapeutics	Pair Corr
0.37	NUVL	Nuvalent	Pair Corr
0.91	TFFP	Tff Pharmaceuticals	Pair Corr
0.81	AVDL	Avadel Pharmaceuticals	Pair Corr
0.75	TCRX	Tscan Therapeutics	Pair Corr
0.73	APGE	Apogee Therapeutics,	Pair Corr
0.69	TTOO	T2 Biosystms	Pair Corr
0.65	AQST	Aquestive Therapeutics	Pair Corr

Related Correlations Analysis

	GBIO	KRON	ERAS	CCCC	EWTX	KZR	FULC	PASG	ABOS	GRTX
GBIO		0.14	-0.15	0.9	-0.27	-0.11	-0.27	-0.21	0.46	0.38	GBIO
KRON	0.14		-0.12	0.13	-0.21	-0.15	0.48	0.39	-0.23	0.11	KRON
ERAS	-0.15	-0.12		0.02	0.14	-0.22	0.22	0.42	0.25	-0.2	ERAS
CCCC	0.9	0.13	0.02		-0.16	-0.15	-0.2	-0.17	0.56	0.36	CCCC
EWTX	-0.27	-0.21	0.14	-0.16		0.64	-0.06	-0.25	0.41	0.35	EWTX
KZR	-0.11	-0.15	-0.22	-0.15	0.64		-0.05	-0.32	0.13	0.45	KZR
FULC	-0.27	0.48	0.22	-0.2	-0.06	-0.05		0.57	-0.39	-0.06	FULC
PASG	-0.21	0.39	0.42	-0.17	-0.25	-0.32	0.57		-0.26	-0.26	PASG
ABOS	0.46	-0.23	0.25	0.56	0.41	0.13	-0.39	-0.26		0.45	ABOS
GRTX	0.38	0.11	-0.2	0.36	0.35	0.45	-0.06	-0.26	0.45		GRTX
	GBIO	KRON	ERAS	CCCC	EWTX	KZR	FULC	PASG	ABOS	GRTX

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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

CCCC	+ 0.9	GBIO
KZR	+ 0.64	EWTX
PASG	+ 0.57	FULC
ABOS	+ 0.56	CCCC
FULC	+ 0.48	KRON
ABOS	+ 0.46	GBIO

High negative correlations

ABOS	- 0.39	FULC
PASG	- 0.32	KZR
FULC	- 0.27	GBIO
EWTX	- 0.27	GBIO
GRTX	- 0.26	PASG
ABOS	- 0.26	PASG

Risk-Adjusted Indicators

There is a big difference between InflaRx Stock performing well and InflaRx NV 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 InflaRx NV'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
GBIO	3.85	(1.40)	0.00	(0.29)	0.00	0.00	6.36	(8.20)	21.16
KRON	2.90	0.13	0.01	(9.16)	3.54	(3.32)	5.75	(6.25)	17.56
ERAS	3.40	(0.37)	0.00	(0.10)	0.00	0.00	7.42	(6.08)	20.29
CCCC	3.66	(0.53)	0.00	(0.64)	0.00	0.00	9.28	(7.99)	23.66
EWTX	3.49	0.62	0.22	0.29	3.10	(3.99)	6.65	(5.54)	61.90
KZR	2.84	0.33	0.11	0.42	2.60	(4.32)	4.93	(4.39)	51.13
FULC	3.50	0.20	0.05	0.25	3.69	(4.17)	9.43	(6.74)	24.61
PASG	6.36	0.21	0.05	0.15	6.70	(8.01)	12.07	(11.86)	84.39
ABOS	3.42	(0.40)	0.00	(0.08)	0.00	0.00	6.70	(6.67)	28.07
GRTX	2.93	0.02	0.00	0.05	0.00	0.00	7.31	(5.84)	18.16

InflaRx NV Corporate Management

Jan CFA	Head VP	Profile
Thomas Taapken	Chief Officer	Profile
Derval OCarroll	Senior Compliance	Profile
Igor Orshanskiy	Senior Development	Profile
Maria Habel	Head RD	Profile
Christian Schmid	VP Counsel	Profile
Kofi Boaten	Senior Supplies	Profile

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