FOXO Technologies Correlations

FOXO Stock

USD 0.82 0.13 13.68%

The current 90-days correlation between FOXO Technologies and EUDA Health Holdings is -0.33 (i.e., Very good 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 0.1 (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.

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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

0.85	DH	Definitive Healthcare Earnings Call Shortly	Pair Corr
0.73	LH	Laboratory	Pair Corr
0.83	DXCM	DexCom Inc	Pair Corr
0.79	VNRX	Volitionrx	Pair Corr
0.84	VREX	Varex Imaging Corp	Pair Corr
0.76	VTAK	Catheter Precision Earnings Call Shortly	Pair Corr
0.85	ECOR	Electrocore LLC Earnings Call Shortly	Pair Corr
0.87	VVOS	Vivos Therapeutics	Pair Corr
0.7	EDAP	EDAP TMS SA	Pair Corr
0.79	EKSO	Ekso Bionics Holdings	Pair Corr
0.92	ELAB	Elevai Labs, Common	Pair Corr
0.92	ELMD	Electromed Earnings Call Shortly	Pair Corr
0.9	EMBC	Embecta Corp Earnings Call Shortly	Pair Corr
0.92	ENOV	Enovis Corp	Pair Corr
0.64	ENSG	Ensign Group	Pair Corr
0.93	WORX	Scworx Corp	Pair Corr
0.9	FIGS	Figs Inc	Pair Corr
0.8	AMN	AMN Healthcare Services Earnings Call Shortly	Pair Corr
0.85	AMS	American Shared Hospital	Pair Corr
0.92	XAIR	Beyond Air	Pair Corr
0.83	BDX	Becton Dickinson Earnings Call Shortly	Pair Corr

Moving against FOXO Stock

0.92	CI	Cigna Corp Earnings Call Shortly	Pair Corr
0.86	COR	Cencora	Pair Corr
0.84	BKD	Brookdale Senior Living Earnings Call Shortly	Pair Corr
0.72	CVS	CVS Health Corp	Pair Corr
0.69	CAH	Cardinal Health	Pair Corr
0.59	FLGT	Fulgent Genetics Earnings Call Shortly	Pair Corr
0.57	AGL	agilon health Earnings Call Shortly	Pair Corr
0.47	CHE	Chemed Corp	Pair Corr
0.45	EHC	Encompass Health Corp Earnings Call Shortly	Pair Corr
0.42	DGX	Quest Diagnostics Sell-off Trend	Pair Corr

Related Correlations Analysis

	BEAT	EUDA	UTRS	NUTX	HCTI	MGRX	ETAO	SNCE	ACON	AUGX
BEAT		0.2	0.0	-0.71	0.82	0.55	0.0	0.0	0.65	0.0	BEAT
EUDA	0.2		0.0	0.07	0.19	0.31	0.0	0.0	0.04	0.0	EUDA
UTRS	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	UTRS
NUTX	-0.71	0.07	0.0		-0.64	-0.6	0.0	0.0	-0.49	0.0	NUTX
HCTI	0.82	0.19	0.0	-0.64		0.4	0.0	0.0	0.86	0.0	HCTI
MGRX	0.55	0.31	0.0	-0.6	0.4		0.0	0.0	0.3	0.0	MGRX
ETAO	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	ETAO
SNCE	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	SNCE
ACON	0.65	0.04	0.0	-0.49	0.86	0.3	0.0	0.0		0.0	ACON
AUGX	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		AUGX
	BEAT	EUDA	UTRS	NUTX	HCTI	MGRX	ETAO	SNCE	ACON	AUGX

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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

ACON	+ 0.86	HCTI
HCTI	+ 0.82	BEAT
ACON	+ 0.65	BEAT
MGRX	+ 0.55	BEAT
MGRX	+ 0.4	HCTI
MGRX	+ 0.31	EUDA

High negative correlations

NUTX	- 0.71	BEAT
HCTI	- 0.64	NUTX
MGRX	- 0.6	NUTX
ACON	- 0.49	NUTX
AUGX	- 0.0	ACON
AUGX	- 0.0	SNCE

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
BEAT	2.97	(0.09)	0.00	(0.22)	0.00	0.00	5.08	(7.08)	27.93
EUDA	3.26	0.29	0.10	3.01	3.73	(3.46)	7.33	(7.07)	19.28
UTRS	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NUTX	6.68	1.82	0.32	5.16	5.40	(8.76)	15.06	(11.68)	63.90
HCTI	7.76	(1.91)	0.00	(14.02)	0.00	0.00	11.76	(17.24)	86.11
MGRX	7.58	(0.35)	0.00	0.73	0.00	0.00	15.94	(14.66)	65.11
ETAO	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SNCE	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ACON	11.46	(3.30)	0.00	(2.06)	0.00	0.00	20.05	(23.00)	204.01
AUGX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

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

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