Celcuity LLC Correlations

CELC Stock  USD 15.24  0.40  2.56%   
The correlation of Celcuity LLC 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Celcuity LLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Celcuity LLC 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.

Weak diversification

The correlation between Celcuity LLC and NYA is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Celcuity LLC and NYA in the same portfolio, assuming nothing else is changed.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celcuity LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Celcuity Stock refer to our How to Trade Celcuity Stock guide.
  
The ability to find closely correlated positions to Celcuity LLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Celcuity LLC 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 Celcuity LLC - 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 Celcuity LLC to buy it.

Moving together with Celcuity Stock

  0.64ANIP ANI PharmaceuticalsPairCorr

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   
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High negative correlations   
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Risk-Adjusted Indicators

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Celcuity LLC 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.

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Celcuity LLC Corporate Management

Elected by the shareholders, the Celcuity LLC's board of directors comprises two types of representatives: Celcuity LLC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Celcuity. The board's role is to monitor Celcuity LLC's management team and ensure that shareholders' interests are well served. Celcuity LLC'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, Celcuity LLC's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dabt PhVP RDProfile
Eric LindquistChief OfficerProfile
Sheri SmithActing OperationsProfile
MBA IIIChief OfficerProfile
Brian SullivanChairman CoFounderProfile
Lance LaingChief CoFounderProfile
Igor MDChief OfficerProfile

Already Invested in Celcuity LLC?

The danger of trading Celcuity LLC 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 Celcuity LLC 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 Celcuity LLC. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Celcuity LLC 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.
When determining whether Celcuity LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Celcuity LLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Celcuity Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Celcuity Llc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Celcuity LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Celcuity Stock refer to our How to Trade Celcuity Stock guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Celcuity LLC's price analysis, check to measure Celcuity LLC'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 Celcuity LLC is operating at the current time. Most of Celcuity LLC's value examination focuses on studying past and present price action to predict the probability of Celcuity LLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Celcuity LLC's price. Additionally, you may evaluate how the addition of Celcuity LLC to your portfolios can decrease your overall portfolio volatility.
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Is Celcuity LLC'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 Celcuity LLC. If investors know Celcuity 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 Celcuity LLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.78)
Return On Assets
(0.27)
Return On Equity
(0.57)
The market value of Celcuity LLC is measured differently than its book value, which is the value of Celcuity that is recorded on the company's balance sheet. Investors also form their own opinion of Celcuity LLC's value that differs from its market value or its book value, called intrinsic value, which is Celcuity LLC'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 Celcuity LLC's market value can be influenced by many factors that don't directly affect Celcuity LLC'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 Celcuity LLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Celcuity LLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celcuity LLC'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.