ISpecimen Correlations

ISpecimen Correlation With Market

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iSpecimen. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For information on how to trade ISpecimen Stock refer to our How to Trade ISpecimen Stock guide.

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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    PSNL + 0.75 OCX HTGM + 0.65 FONR TRIB + 0.6 OCX HTGM + 0.6 PSNL HTGM + 0.53 OCX TRIB + 0.52 CSTL

High negative correlations    HTGM - 0.85 OLK PSNL - 0.78 OLK OCX - 0.74 OLK OCX - 0.7 XGN PSNL - 0.64 XGN TRIB - 0.63 XGN

Risk-Adjusted Indicators

There is a big difference between ISpecimen Stock performing well and ISpecimen 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 ISpecimen'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.