Ocuphire Pharma Correlations
| OCUPDelisted Stock | USD 1.13 0.06 5.04% |
The current 90-days correlation between Ocuphire Pharma and Reviva Pharmaceuticals Holdings is -0.05 (i.e., Good diversification). The correlation of Ocuphire Pharma 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.
Ocuphire Pharma Correlation With Market
Good diversification
The correlation between Ocuphire Pharma and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ocuphire Pharma and DJI in the same portfolio, assuming nothing else is changed.
Ocuphire |
Moving together with Ocuphire Stock
| 0.68 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.62 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.69 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Moving against Ocuphire Stock
| 0.86 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.86 | HD | Home Depot | PairCorr |
| 0.8 | PTAIF | PT Astra International | PairCorr |
| 0.78 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.71 | SSNLF | Samsung Electronics | PairCorr |
| 0.71 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.69 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.69 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.68 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.65 | XOM | Exxon Mobil Corp Sell-off Trend | PairCorr |
| 0.64 | IBM | International Business Sell-off Trend | PairCorr |
| 0.61 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.59 | HPQ | HP Inc | PairCorr |
| 0.55 | WMT | Walmart Aggressive Push | PairCorr |
| 0.54 | MCD | McDonalds Fiscal Year End 3rd 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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Ocuphire Stock performing well and Ocuphire Pharma 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 Ocuphire Pharma'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RVPH | 4.90 | 0.54 | 0.05 | (0.37) | 5.85 | 10.71 | 40.06 | |||
| PLX | 3.16 | 1.10 | 0.27 | (1.37) | 2.41 | 10.00 | 20.38 | |||
| EYPT | 3.83 | (0.21) | 0.01 | 0.05 | 4.15 | 8.03 | 40.16 | |||
| SLS | 2.29 | (0.14) | 0.00 | (2.74) | 0.00 | 5.60 | 17.74 | |||
| RVPHW | 13.99 | 3.20 | 0.16 | (8.74) | 15.21 | 28.57 | 129.53 | |||
| EYEN | 6.68 | (1.89) | 0.00 | (0.51) | 0.00 | 14.29 | 92.81 | |||
| CGTX | 4.27 | (0.57) | 0.00 | 0.99 | 0.00 | 8.89 | 36.32 | |||
| RNAZ | 8.35 | 0.81 | 0.06 | (0.49) | 7.64 | 22.00 | 68.80 | |||
| KOD | 3.20 | 1.50 | 0.57 | 0.79 | 1.95 | 10.00 | 18.79 |
Delisting Warning - OCUP
Ocuphire Pharma was delisted
| The entity Ocuphire Pharma with a symbol OCUP was delisted from NASDAQ Exchange. Please try Opus Genetics, with a symbol IRD from now on. Check all delisted instruments accross multiple markets. |
Ocuphire Pharma Corporate Management
| CPA CPA | VP Officer | Profile | |
| Bernhard MBA | Senior Secretary | Profile | |
| MAcc CPA | Senior Finance | Profile | |
| Erik Sims | Director Controller | Profile | |
| Joseph MBA | Chief Officer | Profile |
Still Interested in Ocuphire Pharma?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.