Atreca Correlations

BCEL
 Stock
  

USD 0.97  0.0259  2.59%   

The correlation of Atreca is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Atreca moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atreca Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Continue to Trending Equities.
  
The ability to find closely correlated positions to Atreca could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atreca when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Atreca - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Atreca Inc to buy it.

Moving together with Atreca

+0.72APLSApellis Pharmaceuticals Downward RallyPairCorr
+0.77ATNXAthenexPairCorr
+0.69BEAMBeam TherapeuticsIncPairCorr
+0.78BLCMBellicum PharmaceuticalsPairCorr

Moving against Atreca

-0.85ABBVAbbVie Inc Sell-off TrendPairCorr
-0.83CABACabaletta Bio TrendingPairCorr
-0.78AMGNAmgen IncPairCorr
-0.78BIIBBiogen IncPairCorr
-0.76BMYBristol-Myers Squibb Aggressive PushPairCorr
-0.68AAgilent TechnologiesPairCorr
-0.59AZNAstraZeneca PLC ADRPairCorr
-0.55ASRTAssertio TherapeuticsPairCorr

Related Correlations

KDP
KOF
CCEP
BTVCY
YKLTF
COKE
EMBVF
KDP
0.330.460.480.410.640.21
KDP
KOF
0.330.940.70.330.760.91
KOF
CCEP
0.460.940.840.310.770.81
CCEP
BTVCY
0.480.70.840.30.580.53
BTVCY
YKLTF
0.410.330.310.30.350.24
YKLTF
COKE
0.640.760.770.580.350.76
COKE
EMBVF
0.210.910.810.530.240.76
EMBVF
KDP
KOF
CCEP
BTVCY
YKLTF
COKE
EMBVF
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether 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   
CCEPKOF
EMBVFKOF
BTVCYCCEP
EMBVFCCEP
COKECCEP
COKEKOF
  

Atreca Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Atreca Stock performing well and Atreca company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Atreca's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Atreca without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Crypto Correlations Now

   

Crypto Correlations

Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
All  Next Launch Module

Atreca Corporate Management

Elected by the shareholders, the Atreca's board of directors comprises two types of representatives: Atreca inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Atreca. The board's role is to monitor Atreca's management team and ensure that shareholders' interests are well served. Atreca's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Atreca's outside directors are responsible for providing unbiased perspectives on the board's policies.
Yann Tan - Chief TechnologistProfile
Herbert Cross - Chief OfficerProfile
Stephen Gould - Chief OfficerProfile
Tito Serafini - Chief FounderProfile
John Orwin - CEO PresProfile
Courtney JD - Gen SecProfile

Invested in Atreca Inc?

The danger of trading Atreca Inc is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Atreca is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Atreca. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Atreca Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. Note that the Atreca Inc information on this page should be used as a complementary analysis to other Atreca's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for Atreca Stock analysis

When running Atreca Inc price analysis, check to measure Atreca's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atreca is operating at the current time. Most of Atreca's value examination focuses on studying past and present price action to predict the probability of Atreca's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Atreca's price. Additionally, you may evaluate how the addition of Atreca to your portfolios can decrease your overall portfolio volatility.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Is Atreca's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Atreca. If investors know Atreca will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Atreca listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
40.6 M
Return On Assets
(0.34) 
Return On Equity
(0.78) 
The market value of Atreca Inc is measured differently than its book value, which is the value of Atreca that is recorded on the company's balance sheet. Investors also form their own opinion of Atreca's value that differs from its market value or its book value, called intrinsic value, which is Atreca's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Atreca's market value can be influenced by many factors that don't directly affect Atreca's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Atreca's value and its price as these two are different measures arrived at by different means. Investors typically determine Atreca value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atreca's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.