Bullfrog Correlations

BFRG Stock

1.89 0.13 7.39%

The current 90-days correlation between Bullfrog AI Holdings, and Mangoceuticals, Common Stock is 0.21 (i.e., Modest diversification). The correlation of Bullfrog 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Bullfrog Correlation With Market

Average diversification

The correlation between Bullfrog AI Holdings, and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bullfrog AI Holdings, and DJI 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 Bullfrog AI Holdings,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Bullfrog Stock

0.69	HIMS	Hims Hers Health Aggressive Push	Pair Corr
0.66	REPL	Replimune Group	Pair Corr

Moving against Bullfrog Stock

0.48	MNDR	Mobile health Network	Pair Corr
0.46	OCX	OncoCyte Corp	Pair Corr
0.44	ADVM	Adverum Biotechnologies	Pair Corr
0.37	INBX	Inhibrx Symbol Change	Pair Corr

Related Correlations Analysis

	HCTI	EUDA	MGRX	UTRS	FOXO	BEAT	NUTX	MPLN	ACON
HCTI		0.42	-0.79	0.0	0.73	0.41	-0.67	-0.81	0.78	HCTI
EUDA	0.42		-0.38	0.0	0.74	0.76	-0.37	-0.53	0.57	EUDA
MGRX	-0.79	-0.38		0.0	-0.71	-0.45	0.82	0.76	-0.71	MGRX
UTRS	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	UTRS
FOXO	0.73	0.74	-0.71	0.0		0.77	-0.6	-0.81	0.71	FOXO
BEAT	0.41	0.76	-0.45	0.0	0.77		-0.35	-0.54	0.4	BEAT
NUTX	-0.67	-0.37	0.82	0.0	-0.6	-0.35		0.62	-0.76	NUTX
MPLN	-0.81	-0.53	0.76	0.0	-0.81	-0.54	0.62		-0.74	MPLN
ACON	0.78	0.57	-0.71	0.0	0.71	0.4	-0.76	-0.74		ACON
	HCTI	EUDA	MGRX	UTRS	FOXO	BEAT	NUTX	MPLN	ACON

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

NUTX	+ 0.82	MGRX
ACON	+ 0.78	HCTI
BEAT	+ 0.77	FOXO
BEAT	+ 0.76	EUDA
MPLN	+ 0.76	MGRX
FOXO	+ 0.74	EUDA

High negative correlations

MPLN	- 0.81	FOXO
MPLN	- 0.81	HCTI
MGRX	- 0.79	HCTI
ACON	- 0.76	NUTX
ACON	- 0.74	MPLN
ACON	- 0.71	MGRX

Risk-Adjusted Indicators

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

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
HCTI	9.29	(0.31)	0.00	(0.29)	0.00	0.00	34.21	(17.24)	86.11
EUDA	4.06	(0.47)	0.00	1.95	0.00	0.00	8.71	(8.47)	24.22
MGRX	5.21	1.07	0.19	2.65	5.47	(6.59)	13.12	(8.26)	39.98
UTRS	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FOXO	6.91	(0.97)	0.00	(1.49)	0.00	0.00	14.29	(12.50)	88.13
BEAT	2.81	(0.57)	0.00	(0.74)	0.00	0.00	5.83	(7.08)	14.00
NUTX	4.79	1.16	0.21	0.30	4.53	(6.01)	12.82	(7.42)	30.00
MPLN	7.38	2.93	0.34	1.06	6.58	(9.28)	17.68	(11.76)	127.75
ACON	14.76	(2.15)	0.00	(2.71)	0.00	0.00	27.38	(30.93)	204.01

Bullfrog Corporate Management

MD MBA	Chief Officer	Profile
Joshua MBA	Chief Officer	Profile
Cetin Savkli	Chief Board	Profile
X DPHIL	Chief Officer	Profile
J Koffenberger	Chief Officer	Profile
Dane Saglio	Chief Officer	Profile
William Hirschman	Chief Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC