FOXO Technologies Correlations

FOXO Stock

USD 0.15 0.01 6.25%

The current 90-days correlation between FOXO Technologies and Progyny is 0.01 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FOXO Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FOXO Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

FOXO Technologies Correlation With Market

Average diversification

The correlation between FOXO Technologies and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FOXO Technologies and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FOXO Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

To learn how to invest in FOXO Stock, please use our How to Invest in FOXO Technologies guide.

Moving together with FOXO Stock

0.7	ELEV	Elevation Oncology	Pair Corr
0.62	CRL	Charles River Labora	Pair Corr
0.76	MBRX	Moleculin Biotech	Pair Corr

Moving against FOXO Stock

0.42	EVH	Evolent Health	Pair Corr
0.37	TFX	Teleflex Incorporated	Pair Corr
0.37	MMSI	Merit Medical Systems Earnings Call This Week	Pair Corr
0.6	EXEL	Exelixis Earnings Call This Week	Pair Corr
0.47	LLY	Eli Lilly Earnings Call This Week	Pair Corr
0.4	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.31	EXAS	EXACT Sciences	Pair Corr
0.61	ABBV	AbbVie Inc Earnings Call This Week	Pair Corr

Related Correlations Analysis

	PGNY	TDOC	GDRX	TXG	SDGR	DOCS	AMWL	GEHC	CERT	HQY
PGNY		-0.16	0.88	0.22	0.86	-0.84	-0.44	-0.83	0.75	-0.45	PGNY
TDOC	-0.16		-0.07	-0.52	-0.13	0.26	0.63	0.42	0.08	0.73	TDOC
GDRX	0.88	-0.07		0.14	0.78	-0.8	-0.38	-0.77	0.82	-0.33	GDRX
TXG	0.22	-0.52	0.14		0.39	-0.06	-0.43	-0.09	-0.11	-0.43	TXG
SDGR	0.86	-0.13	0.78	0.39		-0.7	-0.41	-0.68	0.67	-0.33	SDGR
DOCS	-0.84	0.26	-0.8	-0.06	-0.7		0.44	0.91	-0.85	0.62	DOCS
AMWL	-0.44	0.63	-0.38	-0.43	-0.41	0.44		0.57	-0.21	0.51	AMWL
GEHC	-0.83	0.42	-0.77	-0.09	-0.68	0.91	0.57		-0.76	0.65	GEHC
CERT	0.75	0.08	0.82	-0.11	0.67	-0.85	-0.21	-0.76		-0.33	CERT
HQY	-0.45	0.73	-0.33	-0.43	-0.33	0.62	0.51	0.65	-0.33		HQY
	PGNY	TDOC	GDRX	TXG	SDGR	DOCS	AMWL	GEHC	CERT	HQY

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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

GEHC	+ 0.91	DOCS
GDRX	+ 0.88	PGNY
SDGR	+ 0.86	PGNY
CERT	+ 0.82	GDRX
SDGR	+ 0.78	GDRX
CERT	+ 0.75	PGNY

High negative correlations

CERT	- 0.85	DOCS
DOCS	- 0.84	PGNY
GEHC	- 0.83	PGNY
DOCS	- 0.8	GDRX
GEHC	- 0.77	GDRX
CERT	- 0.76	GEHC

Risk-Adjusted Indicators

There is a big difference between FOXO Stock performing well and FOXO Technologies 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 FOXO Technologies' 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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
PGNY	2.66	(0.73)	0.00	(0.71)	0.00	0.00	3.71	(5.09)	38.70
TDOC	2.84	(0.12)	(0.02)	0.01	3.66	(2.72)	5.86	(4.68)	17.13
GDRX	2.16	(0.45)	0.00	(0.74)	0.00	0.00	3.91	(4.29)	24.52
TXG	3.46	(0.41)	0.00	(0.05)	0.00	0.00	6.34	(6.91)	39.27
SDGR	2.35	(0.49)	0.00	(0.12)	0.00	0.00	5.68	(4.75)	12.65
DOCS	1.88	0.60	0.30	0.73	1.32	(2.20)	2.88	(3.12)	42.30
AMWL	3.75	0.30	0.06	0.32	4.74	(4.17)	7.24	(7.20)	53.68
GEHC	1.05	0.06	0.05	0.15	1.09	(1.13)	2.36	(2.30)	6.28
CERT	2.12	(0.68)	0.00	(0.36)	0.00	0.00	3.48	(4.58)	15.46
HQY	1.72	0.08	0.06	0.13	2.17	(1.76)	3.41	(3.83)	12.74

FOXO Technologies Corporate Management

Brian Chen	Chief Officer	Profile
Steven Sabes	Chief Officer	Profile
Tyler Danielson	CTO CEO	Profile
Robert Potashnick	Chief Officer	Profile
Martin FCA	Interim Officer	Profile
Jim Grauel	Chief Officer	Profile
Susan Neo	Chief Officer	Profile

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