GoHealth Correlations

GoHealth Correlation With Market

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services. To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.

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 MGYR + 0.89 MAAS FGBI + 0.87 MAAS FGBI + 0.86 MGYR FGBI + 0.84 FGMC LSBK + 0.82 MAAS FGMC + 0.81 MAAS

High negative correlations FGBI - 0.49 SIEB PROP - 0.34 SIEB MGYR - 0.27 SIEB LSBK - 0.26 SIEB FGMC - 0.25 SIEB SIEB - 0.2 MAAS

Risk-Adjusted Indicators

There is a big difference between GoHealth Stock performing well and GoHealth 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 GoHealth'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.