Claritev Correlations

CTEV Stock

30.44 0.38 1.26%

The current 90-days correlation between Claritev and Goodrx Holdings is -0.11 (i.e., Good diversification). The correlation of Claritev 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Claritev Correlation With Market

Good diversification

The correlation between Claritev and DJI is -0.14 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Claritev and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Claritev Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Claritev. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in small area income & poverty estimates.

For more information on how to buy Claritev Stock please use our How to Invest in Claritev guide.

Moving together with Claritev Stock

0.81	OM	Outset Medical	Pair Corr
0.72	688606	Hangzhou Alltest Biotech	Pair Corr
0.78	688289	Sansure Biotech	Pair Corr
0.78	VNRX	Volitionrx	Pair Corr
0.7	VVOS	Vivos Therapeutics	Pair Corr
0.86	OTC	Ocumetics Technology Corp	Pair Corr
0.76	ELAB	Elevai Labs Common	Pair Corr
0.62	EMBC	Embecta Corp	Pair Corr
0.83	ENOV	Enovis Corp	Pair Corr
0.83	POLX	Polarean Imaging Plc	Pair Corr
0.74	AHC	Austco Healthcare	Pair Corr

Moving against Claritev Stock

0.6	SPEC	Inspecs Group plc	Pair Corr
0.46	301363	MeHow Innovative	Pair Corr
0.43	EW	Edwards Lifesciences Corp	Pair Corr
0.33	DXCM	DexCom Inc	Pair Corr
0.33	VREX	Varex Imaging Corp	Pair Corr
0.82	ELMD	Electromed	Pair Corr
0.72	EDAP	EDAP TMS SA	Pair Corr
0.7	BB1	Blinklab	Pair Corr
0.65	BLCO	Bausch Lomb Corp	Pair Corr
0.46	EKSO	Ekso Bionics Holdings	Pair Corr
0.88	FIGS	Figs Inc	Pair Corr
0.78	ALC	Alcon AG	Pair Corr
0.75	601089	Beijing Winsunny Pha	Pair Corr
0.71	ESTA	Establishment Labs	Pair Corr
0.62	QIPT	Quipt Home Medical	Pair Corr

Related Correlations Analysis

	GDRX	OPK	EVH	IART	SANA	IRMD	AXGN	INMD	LFMD	DNTH
GDRX		0.88	0.97	0.63	0.59	-0.87	-0.9	0.76	0.95	-0.8	GDRX
OPK	0.88		0.88	0.75	0.65	-0.72	-0.74	0.7	0.77	-0.62	OPK
EVH	0.97	0.88		0.6	0.62	-0.85	-0.87	0.73	0.94	-0.8	EVH
IART	0.63	0.75	0.6		0.68	-0.37	-0.42	0.69	0.44	-0.33	IART
SANA	0.59	0.65	0.62	0.68		-0.31	-0.34	0.57	0.46	-0.4	SANA
IRMD	-0.87	-0.72	-0.85	-0.37	-0.31		0.96	-0.52	-0.9	0.75	IRMD
AXGN	-0.9	-0.74	-0.87	-0.42	-0.34	0.96		-0.53	-0.92	0.73	AXGN
INMD	0.76	0.7	0.73	0.69	0.57	-0.52	-0.53		0.63	-0.69	INMD
LFMD	0.95	0.77	0.94	0.44	0.46	-0.9	-0.92	0.63		-0.85	LFMD
DNTH	-0.8	-0.62	-0.8	-0.33	-0.4	0.75	0.73	-0.69	-0.85		DNTH
	GDRX	OPK	EVH	IART	SANA	IRMD	AXGN	INMD	LFMD	DNTH

Please upgrade your account to get full access to Macroaxis premium features

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

EVH	+ 0.97	GDRX
AXGN	+ 0.96	IRMD
LFMD	+ 0.95	GDRX
LFMD	+ 0.94	EVH
OPK	+ 0.88	GDRX
EVH	+ 0.88	OPK

High negative correlations

LFMD	- 0.92	AXGN
LFMD	- 0.9	IRMD
AXGN	- 0.9	GDRX
AXGN	- 0.87	EVH
IRMD	- 0.87	GDRX
DNTH	- 0.85	LFMD

Risk-Adjusted Indicators

There is a big difference between Claritev Stock performing well and Claritev 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 Claritev'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
GDRX	1.91	(0.74)	0.00	(0.45)	0.00	0.00	2.91	(3.90)	9.02
OPK	1.57	(0.26)	0.00	(0.66)	0.00	0.00	3.03	(3.27)	8.95
EVH	3.02	(1.01)	0.00	(1.00)	0.00	0.00	4.51	(7.42)	22.75
IART	2.52	(0.33)	0.00	(0.08)	0.00	0.00	5.40	(4.33)	27.51
SANA	5.05	0.26	0.04	1.10	5.10	(6.46)	13.56	(9.19)	43.34
IRMD	1.25	0.54	0.31	20.26	0.97	(1.45)	2.93	(2.24)	11.95
AXGN	2.58	1.15	0.39	(1.95)	1.95	(3.23)	6.12	(2.94)	30.66
INMD	1.22	(0.20)	0.00	(0.18)	0.00	0.00	2.33	(2.43)	13.40
LFMD	3.50	(0.98)	0.00	(0.26)	0.00	0.00	8.13	(7.02)	28.11
DNTH	2.53	0.50	0.13	(0.55)	2.46	(3.11)	7.26	(4.51)	22.10

Claritev Corporate Management

Alwyn Heerdan	Vice Development	Profile
Tiffani Misencik	Senior Officer	Profile
Michael Kim	Executive Officer	Profile
Tara ONeil	Senior Counsel	Profile
Carol Nutter	Senior 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

2026 Macroaxis LLC