Biomx Correlations

PHGE Stock

USD 0.71 0.11 18.33%

The current 90-days correlation between Biomx Inc and Navidea Biopharmaceuticals is -0.02 (i.e., Good diversification). The correlation of Biomx 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.

Biomx Correlation With Market

Average diversification

The correlation between Biomx Inc and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Biomx Inc and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Biomx 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 price.

Moving together with Biomx Stock

0.76	HLN	Haleon plc	Pair Corr
0.82	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.9	LLY	Eli Lilly	Pair Corr
0.9	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.8	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.94	RDY	Dr Reddys Laboratories	Pair Corr
0.9	TAK	Takeda Pharmaceutical	Pair Corr
0.69	ZTS	Zoetis Inc	Pair Corr
0.77	LTRN	Lantern Pharma	Pair Corr
0.81	AMGN	Amgen Inc	Pair Corr
0.61	ANEB	Anebulo Pharmaceuticals	Pair Corr
0.79	ANRO	Alto Neuroscience,	Pair Corr
0.64	SIGA	SIGA Technologies	Pair Corr
0.61	TEVA	Teva Pharma Industries	Pair Corr

Moving against Biomx Stock

0.89	BMY	Bristol Myers Squibb Sell-off Trend	Pair Corr
0.84	ESPR	Esperion Therapeutics Buyout Trend	Pair Corr
0.8	GILD	Gilead Sciences	Pair Corr
0.7	VTRS	Viatris	Pair Corr
0.67	EWTX	Edgewise Therapeutics	Pair Corr
0.63	BHC	Bausch Health Companies	Pair Corr
0.59	BFRIW	Biofrontera Warrants	Pair Corr
0.58	WAT	Waters	Pair Corr
0.54	EBS	Emergent Biosolutions	Pair Corr
0.35	GANX	Gain Therapeutics	Pair Corr
0.84	BSX	Boston Scientific Corp Sell-off Trend	Pair Corr
0.66	MNMD	Mind Medicine	Pair Corr
0.65	DXCM	DexCom Inc Sell-off Trend	Pair Corr
0.61	CPRX	Catalyst Pharmaceuticals	Pair Corr
0.6	ABT	Abbott Laboratories Sell-off Trend	Pair Corr
0.31	EW	Edwards Lifesciences Corp	Pair Corr

Related Correlations Analysis

	KRBP	ZVSA	YS	NAVB	IMMX	CNSP	EFTR	SONN	LABP
KRBP		0.6	0.76	0.56	0.25	0.58	0.31	0.72	-0.7	KRBP
ZVSA	0.6		0.75	0.5	0.12	0.56	0.46	0.82	-0.82	ZVSA
YS	0.76	0.75		0.27	-0.1	0.45	0.25	0.81	-0.84	YS
NAVB	0.56	0.5	0.27		0.76	0.63	0.57	0.47	-0.52	NAVB
IMMX	0.25	0.12	-0.1	0.76		0.5	0.47	0.18	-0.09	IMMX
CNSP	0.58	0.56	0.45	0.63	0.5		0.39	0.71	-0.48	CNSP
EFTR	0.31	0.46	0.25	0.57	0.47	0.39		0.23	-0.32	EFTR
SONN	0.72	0.82	0.81	0.47	0.18	0.71	0.23		-0.75	SONN
LABP	-0.7	-0.82	-0.84	-0.52	-0.09	-0.48	-0.32	-0.75		LABP
	KRBP	ZVSA	YS	NAVB	IMMX	CNSP	EFTR	SONN	LABP

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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

SONN	+ 0.82	ZVSA
SONN	+ 0.81	YS
YS	+ 0.76	KRBP
IMMX	+ 0.76	NAVB
YS	+ 0.75	ZVSA
SONN	+ 0.72	KRBP

High negative correlations

LABP	- 0.84	YS
LABP	- 0.82	ZVSA
LABP	- 0.75	SONN
LABP	- 0.7	KRBP
LABP	- 0.52	NAVB
LABP	- 0.48	CNSP

Risk-Adjusted Indicators

There is a big difference between Biomx Stock performing well and Biomx 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 Biomx'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
KRBP	6.00	(0.40)	0.00	(0.10)	0.00	0.00	12.04	(10.96)	65.24
ZVSA	3.98	(0.81)	0.00	0.50	0.00	0.00	7.57	(9.60)	78.93
YS	4.91	(0.62)	0.00	(1.39)	0.00	0.00	10.29	(10.53)	36.81
NAVB	6.04	(1.04)	0.00	2.21	0.00	0.00	12.50	(12.50)	40.40
IMMX	4.34	(0.06)	(0.01)	0.08	4.54	(5.61)	9.38	(8.22)	32.68
CNSP	4.45	(0.37)	0.00	(0.28)	0.00	0.00	9.09	(8.33)	39.29
EFTR	7.57	(5.30)	0.00	(0.79)	0.00	0.00	8.70	(27.78)	88.91
SONN	4.74	(0.93)	0.00	1.59	0.00	0.00	12.31	(9.79)	37.58
LABP	3.55	0.28	0.09	0.26	3.81	(3.77)	8.58	(7.05)	19.47

Biomx Corporate Management

Jonathan MBA	CEO Director	Profile
Assaf Oron	Chief Officer	Profile
Eran MD	Scientific Founder	Profile
Merav Bassan	Chief Officer	Profile
Avraham Gabay	Interim Officer	Profile
Pr Sorek	Scientific Founder	Profile

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