SUPN Stock | | | USD 36.57 0.42 1.14% |
The current 90-days correlation between Supernus Pharmaceuticals and Intracellular Th is 0.11 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Supernus Pharmaceuticals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Supernus Pharmaceuticals moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Supernus Pharmaceuticals Correlation With Market
Very weak diversification
The correlation between Supernus Pharmaceuticals and DJI is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Supernus Pharmaceuticals and DJI in the same portfolio, assuming nothing else is changed.
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