EHealth Correlations

EHTH Stock

USD 5.00 0.05 1.01%

The current 90-days correlation between eHealth and GoHealth is 0.15 (i.e., Average diversification). The correlation of EHealth 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.

EHealth Correlation With Market

Average diversification

The correlation between eHealth and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding eHealth 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 eHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more detail on how to invest in EHealth Stock please use our How to Invest in EHealth guide.

Moving together with EHealth Stock

0.85	AON	Aon PLC	Pair Corr
0.74	BRO	Brown Brown Fiscal Year End 27th of January 2025	Pair Corr
0.68	WTW	Willis Towers Watson	Pair Corr
0.89	GOCO	GoHealth	Pair Corr
0.79	TWFG	TWFG, Class A	Pair Corr
0.81	C	Citigroup Aggressive Push	Pair Corr
0.66	V	Visa Class A	Pair Corr
0.89	AB	AllianceBernstein	Pair Corr
0.84	AC	Associated Capital	Pair Corr
0.63	AX	Axos Financial	Pair Corr
0.89	BK	Bank of New York Fiscal Year End 10th of January 2025	Pair Corr
0.85	BN	Brookfield Corp	Pair Corr
0.84	BX	Blackstone Group Normal Trading	Pair Corr
0.93	CG	Carlyle Group	Pair Corr
0.7	CM	Canadian Imperial Bank Fiscal Year End 5th of December 2024	Pair Corr
0.61	GL	Globe Life	Pair Corr
0.81	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr

Moving against EHealth Stock

0.76	ERIE	Erie Indemnity	Pair Corr
0.67	RELI	Reliance Global Group	Pair Corr
0.54	ZBAO	Zhibao Technology Class	Pair Corr
0.47	MMC	Marsh McLennan Companies Fiscal Year End 23rd of January 2025	Pair Corr
0.41	SLQT	Selectquote Buyout Trend	Pair Corr
0.84	IX	Orix Corp Ads	Pair Corr
0.75	TD	Toronto Dominion Bank Fiscal Year End 5th of December 2024	Pair Corr
0.69	RM	Regional Management Corp	Pair Corr
0.61	PT	Pintec Technology	Pair Corr
0.57	HG	Hamilton Insurance Group, Normal Trading	Pair Corr
0.52	EG	Everest Group	Pair Corr
0.41	WF	Woori Financial Group	Pair Corr

Related Correlations Analysis

	GOCO	TIRX	HUIZ	CRVL	ERIE	CRD-B	SLQT	AJG	BRO	CRD-A
GOCO		-0.06	-0.17	0.49	-0.78	0.61	-0.48	-0.11	0.67	0.77	GOCO
TIRX	-0.06		0.31	-0.45	0.36	0.12	-0.4	-0.49	-0.4	-0.04	TIRX
HUIZ	-0.17	0.31		-0.41	0.12	0.06	0.2	-0.22	-0.18	-0.1	HUIZ
CRVL	0.49	-0.45	-0.41		-0.5	0.32	-0.04	0.4	0.83	0.57	CRVL
ERIE	-0.78	0.36	0.12	-0.5		-0.27	-0.03	-0.24	-0.71	-0.5	ERIE
CRD-B	0.61	0.12	0.06	0.32	-0.27		-0.49	-0.28	0.48	0.87	CRD-B
SLQT	-0.48	-0.4	0.2	-0.04	-0.03	-0.49		0.4	-0.11	-0.48	SLQT
AJG	-0.11	-0.49	-0.22	0.4	-0.24	-0.28	0.4		0.46	-0.04	AJG
BRO	0.67	-0.4	-0.18	0.83	-0.71	0.48	-0.11	0.46		0.7	BRO
CRD-A	0.77	-0.04	-0.1	0.57	-0.5	0.87	-0.48	-0.04	0.7		CRD-A
	GOCO	TIRX	HUIZ	CRVL	ERIE	CRD-B	SLQT	AJG	BRO	CRD-A

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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

CRD-A	+ 0.87	CRD-B
BRO	+ 0.83	CRVL
CRD-A	+ 0.77	GOCO
CRD-A	+ 0.7	BRO
BRO	+ 0.67	GOCO
CRD-B	+ 0.61	GOCO

High negative correlations

ERIE	- 0.78	GOCO
BRO	- 0.71	ERIE
CRD-A	- 0.5	ERIE
ERIE	- 0.5	CRVL
SLQT	- 0.49	CRD-B
AJG	- 0.49	TIRX

Risk-Adjusted Indicators

There is a big difference between EHealth Stock performing well and EHealth 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 EHealth'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
GOCO	3.76	0.67	0.15	1.14	3.67	(4.60)	8.03	(6.88)	37.83
TIRX	3.85	(0.14)	0.00	(0.04)	0.00	0.00	8.47	(7.39)	20.59
HUIZ	4.06	(0.53)	0.00	(0.36)	0.00	0.00	11.11	(8.00)	33.03
CRVL	1.44	0.05	0.12	0.15	1.19	(1.72)	3.26	(2.23)	13.45
ERIE	1.40	(0.28)	0.00	(0.20)	0.00	0.00	2.09	(3.12)	10.81
CRD-B	1.88	0.00	0.02	0.12	2.54	(1.85)	3.68	(3.95)	12.03
SLQT	4.18	(0.23)	(0.01)	0.01	8.41	(4.48)	9.58	(6.91)	53.50
AJG	0.89	0.01	(0.05)	0.14	1.15	(0.92)	2.16	(1.61)	5.31
BRO	0.91	0.04	0.00	0.19	1.02	(1.04)	1.88	(2.06)	5.25
CRD-A	1.61	0.06	0.05	0.16	1.86	(1.68)	3.76	(2.98)	9.20

EHealth Corporate Management

Gavin Galimi	General VP	Profile
Kate CFA	Senior Strategy	Profile
Eli NewbrunMintz	Senior Manager	Profile
John Dolan	Chief Officer	Profile
Bill Billings	Chief Officer	Profile
Bob Rees	Senior Officer	Profile
Jay Jennings	Senior Finance	Profile

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