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Hemophilia A$125.04
-2.17%4:00PM 10/19/2020
The hemophilia treatment market is witnessing continuous growth. Increasing number of hemophilic patients worldwide is driving the demand for recombinant and plasma derived factor VIII and factor IX, which are used to treat hemophilia. In addition, increased diagnosis rate and rise in the use of prophylactic treatment for hemophilia are expected to propel the growth of this market.

Aggregated price index

Aggregated price index with volume information

Summary:

  • Hemophilia A stocks down 2.2% on average while median return down 0.4% in a day
  • Hemophilia A stocks down 0.0% on average while median return down 2.2% in a week
  • Hemophilia A stocks up 0.2% on average while median return up 1.3% in a month
  • When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.

Aggregated price index is based on equal weighted constituencies returns,Aggregated volume information is based on sum of all constituencies volumes

Index Constituencies

Related ETFs

leak data

  • 1M winners are : Winners for past month are $CBIO 11.2%, $ALNY 7.0%, $PFE 2.6%, $NVO 1.8%
  • 1M losers are : Losers for past month are $BMRN -1.3%, $SNY -3.7%, $QURE -9.9%, $TAK -11.1%
  • 1W winners are : Winners for past week are $CBIO 15.9%, $PFE 2.6%, $QURE 1.7%
  • 1W losers are : Losers for past week are $BMRN -3.1%, $NVO -3.8%, $ALNY -4.6%, $TAK -6.3%
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Correlation Analysis

Index correlation analysis

Correlation for the past month is 27.1%, for the past 3 months is 21.5%

In the past month for a 5 days rolling window, the highest corrrelation is 57.9%, the lowest correlation is -2.2%, the latest correlation is 35.7%

When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.

Among pairwise correlation, the highest correlation is 69.9% between BMRN and PFE

The lowest correlation is -23.5% between CBIO and TAK

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