Guardant Health Correlations

GH Stock

USD 101.74 0.40 0.39%

The current 90-days correlation between Guardant Health and EXACT Sciences is 0.13 (i.e., Average diversification). The correlation of Guardant Health 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.

Build AI portfolio with Guardant Stock

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Guardant Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

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

Moving together with Guardant Stock

0.83	CAH	Cardinal Health	Pair Corr
0.76	HCA	HCA Holdings	Pair Corr
0.61	MCK	McKesson	Pair Corr
0.89	UHS	Universal Health Services	Pair Corr
0.86	HSIC	Henry Schein	Pair Corr
0.64	REG	Regis Healthcare	Pair Corr
0.75	PRPO	Precipio	Pair Corr
0.78	SIA	Sienna Senior Living	Pair Corr
0.68	OCA	Oceania Healthcare	Pair Corr

Moving against Guardant Stock

0.83	UNH	UnitedHealth Group CDR	Pair Corr
0.83	DVA	DaVita HealthCare	Pair Corr
0.81	FMS	Fresenius Medical Care	Pair Corr
0.73	IVP	Inspire Veterinary	Pair Corr
0.7	300015	Aier Eye Hospital	Pair Corr
0.61	301293	Sanbo Hospital Management	Pair Corr
0.58	LH	Laboratory	Pair Corr
0.31	CVS	CVS Health Corp	Pair Corr
0.9	HIMS	Hims Hers Health	Pair Corr
0.82	OPT	Optima Health plc	Pair Corr
0.77	WELL	WELL Health Technologies	Pair Corr
0.6	SPI	Spire Healthcare	Pair Corr
0.37	INFU	InfuSystems Holdings	Pair Corr
0.33	002173	Innovative Medical	Pair Corr
0.32	CVS	CVS HEALTH CDR	Pair Corr
0.32	301267	Huaxia Eye Hospital	Pair Corr

Related Correlations Analysis

	EXAS	ICLR	RVTY	ASND	VTRS	QGEN	IONS	BBIO	SOLV	EHC
EXAS		0.21	0.74	0.21	0.76	-0.18	0.91	0.9	0.9	-0.76	EXAS
ICLR	0.21		0.39	0.27	0.28	0.51	0.29	0.08	0.27	0.13	ICLR
RVTY	0.74	0.39		0.07	0.44	0.31	0.79	0.61	0.82	-0.34	RVTY
ASND	0.21	0.27	0.07		0.19	0.04	0.2	0.19	0.31	-0.12	ASND
VTRS	0.76	0.28	0.44	0.19		-0.37	0.69	0.85	0.58	-0.74	VTRS
QGEN	-0.18	0.51	0.31	0.04	-0.37		-0.06	-0.4	0.01	0.63	QGEN
IONS	0.91	0.29	0.79	0.2	0.69	-0.06		0.87	0.85	-0.67	IONS
BBIO	0.9	0.08	0.61	0.19	0.85	-0.4	0.87		0.78	-0.85	BBIO
SOLV	0.9	0.27	0.82	0.31	0.58	0.01	0.85	0.78		-0.6	SOLV
EHC	-0.76	0.13	-0.34	-0.12	-0.74	0.63	-0.67	-0.85	-0.6		EHC
	EXAS	ICLR	RVTY	ASND	VTRS	QGEN	IONS	BBIO	SOLV	EHC

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

IONS	+ 0.91	EXAS
BBIO	+ 0.9	EXAS
SOLV	+ 0.9	EXAS
BBIO	+ 0.87	IONS
BBIO	+ 0.85	VTRS
SOLV	+ 0.85	IONS

High negative correlations

EHC	- 0.85	BBIO
EHC	- 0.76	EXAS
EHC	- 0.74	VTRS
EHC	- 0.67	IONS
EHC	- 0.6	SOLV
BBIO	- 0.4	QGEN

Risk-Adjusted Indicators

There is a big difference between Guardant Stock performing well and Guardant Health 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 Guardant Health'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
EXAS	1.81	0.99	0.84	(5.51)	0.00	(2.10)	3.77	(1.55)	24.01
ICLR	1.89	0.05	0.04	0.08	2.11	(2.29)	4.07	(3.45)	16.52
RVTY	1.50	0.01	0.02	0.06	1.68	(1.76)	3.05	(3.29)	8.26
ASND	1.69	0.04	(0.01)	(0.23)	2.02	(1.91)	4.43	(4.12)	11.01
VTRS	1.17	0.30	0.15	0.31	1.44	(1.20)	2.51	(2.36)	12.76
QGEN	0.95	(0.09)	0.00	(0.12)	0.00	0.00	2.43	(2.25)	5.38
IONS	1.38	0.20	0.10	0.32	1.54	(1.53)	3.19	(2.60)	8.64
BBIO	1.82	0.53	0.31	0.41	1.43	(2.22)	4.23	(2.83)	22.02
SOLV	1.12	0.08	0.04	0.18	1.19	(1.20)	2.87	(2.08)	11.22
EHC	0.87	(0.25)	0.00	(0.85)	0.00	0.00	1.34	(1.57)	8.36

Guardant Health Corporate Management

Jennifer Higgins	Senior Affairs	Profile
Stephen Murphy	Senior Marketing	Profile
Gulshan JD	Senior Officer	Profile
John Saia	Chief Secretary	Profile
Christopher Freeman	Chief Oncology	Profile
John JD	Chief Secretary	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