1Life Healthcare Correlations
| ONEMDelisted Stock | USD 16.47 0.00 0.00% |
The current 90-days correlation between 1Life Healthcare and Transocean is -0.04 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 1Life Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 1Life Healthcare moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
1Life Healthcare Correlation With Market
Good diversification
The correlation between 1Life Healthcare and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 1Life Healthcare and DJI in the same portfolio, assuming nothing else is changed.
1Life |
Moving together with 1Life Stock
| 0.79 | BKRKY | Bank Rakyat | PairCorr |
| 0.83 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.75 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.8 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.71 | PBCRY | Bank Central Asia | PairCorr |
| 0.81 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.61 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Moving against 1Life Stock
| 0.81 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.72 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.71 | AXP | American Express Sell-off Trend | PairCorr |
| 0.69 | WMT | Walmart Aggressive Push | PairCorr |
| 0.66 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.66 | T | ATT Inc Aggressive Push | PairCorr |
| 0.59 | HPQ | HP Inc | PairCorr |
| 0.53 | PTAIF | PT Astra International | PairCorr |
| 0.51 | SSNLF | Samsung Electronics | PairCorr |
| 0.4 | HD | Home Depot | PairCorr |
| 0.39 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.39 | XOM | Exxon Mobil Corp Sell-off Trend | PairCorr |
Related Correlations Analysis
| 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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between 1Life Stock performing well and 1Life Healthcare 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 1Life Healthcare'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HIHO | 1.86 | 0.16 | 0.03 | 0.57 | 3.03 | 3.37 | 41.88 | |||
| RIG | 2.56 | (0.19) | 0.00 | (0.06) | 0.00 | 5.19 | 14.43 | |||
| PH | 0.90 | 0.09 | 0.12 | 0.16 | 0.86 | 2.18 | 11.35 | |||
| HGMCF | 0.83 | (0.01) | 0.00 | 0.13 | 0.00 | 0.57 | 38.00 | |||
| PIUTQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| UEC | 3.27 | 0.57 | 0.17 | 0.41 | 3.19 | 8.45 | 17.94 | |||
| WSRC | 0.46 | (0.20) | 0.00 | 2.04 | 0.00 | 0.00 | 9.39 | |||
| CHMN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
1Life Healthcare Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with 1Life Healthcare stock to make a market-neutral strategy. Peer analysis of 1Life Healthcare could also be used in its relative valuation, which is a method of valuing 1Life Healthcare by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
1Life Healthcare Corporate Management
| Ken Goff | VP Relations | Profile | |
| Lisa Mango | Gen Sec | Profile | |
| Vikas Agarwal | Chief Officer | Profile | |
| Christine Morehead | Chief Officer | Profile | |
| Amir MBA | CEO Chairman | Profile | |
| Stuart Parmenter | Chief Officer | Profile | |
| Christopher Hollander | Chief Officer | Profile |
Still Interested in 1Life Healthcare?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.