I asked these questions to ChatGPT after seeing IIQ’s results today. In my second question below Company C is Cleo and Company I is IIQ. FYI - No advice. DYOR:1.How important is specificity and sensitivity in cancer detection?
Specificity and sensitivity are critically important in cancer detection. They are key performance metrics for any diagnostic test, especially when early and accurate diagnosis can significantly impact patient outcomes.
Sensitivity (True Positive Rate)
- Definition: The ability of a test to correctly identify those who have the disease.
- In cancer detection: High sensitivity is vital to avoid false negatives (i.e., missing a cancer diagnosis).
- Why it matters:
- Missing a cancer diagnosis can delay treatment, leading to disease progression and reduced survival chances.
- Especially important for aggressive cancers (e.g., pancreatic, lung) where early detection is crucial.
✅ Specificity (True Negative Rate)
- Definition: The ability of a test to correctly identify those who do not have the disease.
- In cancer detection: High specificity is necessary to avoid false positives (i.e., diagnosing cancer when it isn’t present).
- Why it matters:
- False positives can cause significant psychological distress, unnecessary biopsies, surgeries, and treatments.
- Can overload healthcare systems with follow-up procedures.
Balancing Sensitivity and Specificity
- There is often a trade-off:
- Higher sensitivity can reduce missed cancers but may increase false positives.
- Higher specificity reduces false alarms but may miss some real cases.
- The balance depends on context:
- Screening (for the general population): Higher sensitivity is usually preferred.
- Diagnostic confirmation (after a suspicious finding): Higher specificity may be prioritized.
Example: Mammography
- Sensitivity ~85%; Specificity ~90%
- Effective for detecting breast cancer, especially in women over 50.
- Still leads to some false positives and false negatives.
Impact on Public Health
- Tests with both high sensitivity and specificity lead to:
- Earlier cancer detection
- Improved survival rates
- Reduced healthcare costs from unnecessary procedures
- Better allocation of resources
Summary
Both sensitivity and specificity are essential and complementary in cancer detection. The optimal balance depends on the purpose of the test (screening vs. diagnosis), the type of cancer, and population risk factors. A high-performing test needs to minimize both false negatives and false positives to truly improve outcomes.
—-
2.Company C has 95% sensitivity and 99% specificity and Company I has 77% sensitivity and 99.6% specificity for Ovarian cancer detection. Which is a superior company?
To determine which company has the superior test for ovarian cancer detection, we need to evaluate their performance based on the sensitivity and specificity values, and how these relate to the real-world context of ovarian cancer screening.
Company Comparison
Metric
Company C
Company I
1 Sensitivity
95%
77%
2 Specificity
99%
99.6%
Interpretation
1.
Sensitivity (Detecting true cancer cases)
- Company C detects 95 out of 100 actual cancer cases.
- Company I detects only 77 out of 100 → misses 23% of real cases, which is high for a deadly disease like ovarian cancer.
Advantage: Company C (much better at detecting cancer)
2.
Specificity (Avoiding false positives)
- Company C has 99% specificity → 1% false positive rate.
- Company I has 99.6% specificity → 0.4% false positive rate.
Advantage: Company I, but the difference is only 0.6%—not large.
⚖️ Overall Evaluation
Ovarian cancer is:
- Often detected late
- Highly lethal if not caught early
This makes sensitivity far more important than a slight edge in specificity.
➤
Conclusion: Company C is superior
because:
- It catches almost all cancer cases (95% sensitivity).
- It still maintains very high specificity (99%), meaning few false positives.
- The small gain in specificity from Company I does not justify the significantly lower sensitivity.
Bottom Line
Company C’s test is significantly better in practical terms—it saves more lives by detecting more actual ovarian cancer cases, with only a minor trade-off in specificity.
I asked these questions to ChatGPT after seeing IIQ’s results today. In my second question below Company C is Cleo and Company I is IIQ. FYI - No advice. DYOR:Specificity and sensitivity are critically important in cancer detection. They are key performance metrics for any diagnostic test, especially when early and accurate diagnosis can significantly impact patient outcomes.
Sensitivity (True Positive Rate)
- Definition: The ability of a test to correctly identify those who have the disease.
- In cancer detection: High sensitivity is vital to avoid false negatives (i.e., missing a cancer diagnosis).
- Why it matters:
- Missing a cancer diagnosis can delay treatment, leading to disease progression and reduced survival chances.
- Especially important for aggressive cancers (e.g., pancreatic, lung) where early detection is crucial.
✅ Specificity (True Negative Rate)
- Definition: The ability of a test to correctly identify those who do not have the disease.
- In cancer detection: High specificity is necessary to avoid false positives (i.e., diagnosing cancer when it isn’t present).
- Why it matters:
- False positives can cause significant psychological distress, unnecessary biopsies, surgeries, and treatments.
- Can overload healthcare systems with follow-up procedures.
Balancing Sensitivity and Specificity
- There is often a trade-off:
- Higher sensitivity can reduce missed cancers but may increase false positives.
- Higher specificity reduces false alarms but may miss some real cases.
- The balance depends on context:
- Screening (for the general population): Higher sensitivity is usually preferred.
- Diagnostic confirmation (after a suspicious finding): Higher specificity may be prioritized.
Example: Mammography
- Sensitivity ~85%; Specificity ~90%
- Effective for detecting breast cancer, especially in women over 50.
- Still leads to some false positives and false negatives.
Impact on Public Health
- Tests with both high sensitivity and specificity lead to:
- Earlier cancer detection
- Improved survival rates
- Reduced healthcare costs from unnecessary procedures
- Better allocation of resources
Summary
Both sensitivity and specificity are essential and complementary in cancer detection. The optimal balance depends on the purpose of the test (screening vs. diagnosis), the type of cancer, and population risk factors. A high-performing test needs to minimize both false negatives and false positives to truly improve outcomes.
—-To determine which company has the superior test for ovarian cancer detection, we need to evaluate their performance based on the sensitivity and specificity values, and how these relate to the real-world context of ovarian cancer screening.
Company Comparison
Metric
Company C
Company I
1 Sensitivity
95%
77%
2 Specificity
99%
99.6%
Interpretation
1.
Sensitivity (Detecting true cancer cases)
- Company C detects 95 out of 100 actual cancer cases.
- Company I detects only 77 out of 100 → misses 23% of real cases, which is high for a deadly disease like ovarian cancer.
Advantage: Company C (much better at detecting cancer)
2.
Specificity (Avoiding false positives)
- Company C has 99% specificity → 1% false positive rate.
- Company I has 99.6% specificity → 0.4% false positive rate.
Advantage: Company I, but the difference is only 0.6%—not large.
⚖️ Overall Evaluation
Ovarian cancer is:
- Often detected late
- Highly lethal if not caught early
This makes sensitivity far more important than a slight edge in specificity.
➤
Conclusion: Company C is superior
because:
- It catches almost all cancer cases (95% sensitivity).
- It still maintains very high specificity (99%), meaning few false positives.
- The small gain in specificity from Company I does not justify the significantly lower sensitivity.
Bottom Line
Company C’s test is significantly better in practical terms—it saves more lives by detecting more actual ovarian cancer cases, with only a minor trade-off in specificity.
- Forums
- ASX - By Stock
- Ann: CLEO to Fast Track Development of Ovarian Cancer Test
COV
cleo diagnostics ltd
Add to My Watchlist
8.11%
!
40.0¢

I asked these questions to ChatGPT after seeing IIQ’s results...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
40.0¢ |
Change
0.030(8.11%) |
Mkt cap ! $32.64M |
Open | High | Low | Value | Volume |
37.0¢ | 40.0¢ | 37.0¢ | $33.48K | 86.19K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 16950 | 37.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 27198 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 16950 | 0.375 |
1 | 47337 | 0.370 |
3 | 80912 | 0.365 |
1 | 8336 | 0.360 |
2 | 28000 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 27198 | 2 |
0.405 | 25000 | 1 |
0.410 | 49119 | 2 |
0.415 | 33124 | 1 |
0.420 | 82092 | 2 |
Last trade - 13.35pm 30/07/2025 (20 minute delay) ? |
Featured News
COV (ASX) Chart |