FOXO Technologies Correlations

FOXO Stock

USD 0.16 0.01 6.67%

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

Significant diversification

The correlation between FOXO Technologies and DJI is 0.07 (i.e., Significant 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

0.66	WEAV	Weave Communications	Pair Corr
0.9	WORX	Scworx Corp	Pair Corr
0.85	OMCL	Omnicell	Pair Corr
0.88	ONMD	OneMedNet Corp	Pair Corr
0.71	OTRK	Ontrak Inc	Pair Corr
0.71	NRC	National Research Corp	Pair Corr
0.73	TXG	10X Genomics	Pair Corr
0.74	PINC	Premier	Pair Corr
0.81	HCTI	Healthcare Triangle	Pair Corr

Moving against FOXO Stock

0.59	MGRX	Mangoceuticals, Common	Pair Corr
0.54	KDLYW	Kindly MD, Warrants	Pair Corr
0.51	MNDR	Mobile health Network	Pair Corr
0.5	VEEV	Veeva Systems Class	Pair Corr
0.43	NUTX	Nutex Health Earnings Call This Week	Pair Corr
0.39	OPRX	OPTIMIZERx Corp Earnings Call This Week	Pair Corr
0.35	DOCS	Doximity	Pair Corr
0.32	SY	So Young International	Pair Corr
0.6	PRVA	Privia Health Group	Pair Corr
0.54	SOLV	Solventum Corp	Pair Corr
0.52	WGS	GeneDx Holdings Corp	Pair Corr
0.37	ACCD	Accolade	Pair Corr

Related Correlations Analysis

	BEAT	EUDA	UTRS	NUTX	HCTI	MGRX	ETAO	SNCE	ACON	AUGX
BEAT		0.35	0.0	-0.35	0.05	-0.45	0.0	0.0	0.12	0.0	BEAT
EUDA	0.35		0.0	-0.18	0.43	-0.27	0.0	0.0	0.6	0.0	EUDA
UTRS	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	UTRS
NUTX	-0.35	-0.18	0.0		-0.52	0.82	0.0	0.0	-0.58	0.0	NUTX
HCTI	0.05	0.43	0.0	-0.52		-0.64	0.0	0.0	0.77	0.0	HCTI
MGRX	-0.45	-0.27	0.0	0.82	-0.64		0.0	0.0	-0.57	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	0.12	0.6	0.0	-0.58	0.77	-0.57	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

MGRX	+ 0.82	NUTX
ACON	+ 0.77	HCTI
ACON	+ 0.6	EUDA
HCTI	+ 0.43	EUDA
EUDA	+ 0.35	BEAT
ACON	+ 0.12	BEAT

High negative correlations

MGRX	- 0.64	HCTI
ACON	- 0.58	NUTX
ACON	- 0.57	MGRX
HCTI	- 0.52	NUTX
MGRX	- 0.45	BEAT
NUTX	- 0.35	BEAT

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	2.81	(0.57)	0.00	(0.74)	0.00	0.00	5.83	(7.08)	14.00
EUDA	3.72	0.14	0.03	0.11	4.58	(4.15)	8.71	(7.80)	24.22
UTRS	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NUTX	4.79	1.16	0.21	0.30	4.53	(6.01)	12.82	(7.42)	30.00
HCTI	9.88	(0.30)	0.00	0.16	0.00	0.00	34.21	(17.24)	86.11
MGRX	5.21	1.07	0.19	2.65	5.47	(6.59)	13.12	(8.26)	39.98
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	15.41	(2.55)	0.00	(1.16)	0.00	0.00	27.38	(30.93)	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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