LifeMD Correlations

LFMD Stock

USD 6.47 0.67 11.55%

The current 90-days correlation between LifeMD Inc and HealthStream is 0.41 (i.e., Very weak diversification). The correlation of LifeMD 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.

LifeMD Correlation With Market

Very weak diversification

The correlation between LifeMD Inc and DJI is 0.46 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding LifeMD Inc and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LifeMD Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Moving together with LifeMD Stock

0.73	ENOV	Enovis Corp	Pair Corr
0.74	FOXO	FOXO Technologies	Pair Corr
0.61	ITGR	Integer Holdings Corp	Pair Corr
0.62	MMSI	Merit Medical Systems	Pair Corr
0.74	CRVL	CorVel Corp	Pair Corr

Moving against LifeMD Stock

0.63	FIGS	Figs Inc	Pair Corr
0.4	EVH	Evolent Health	Pair Corr
0.39	PHG	Koninklijke Philips	Pair Corr
0.38	AMN	AMN Healthcare Services	Pair Corr
0.35	CVS	CVS Health Corp Aggressive Push	Pair Corr
0.34	SSY	SunLink Health Systems	Pair Corr
0.49	EQ	Equillium	Pair Corr
0.31	DOMH	Dominari Holdings	Pair Corr
0.71	EXAS	EXACT Sciences	Pair Corr
0.46	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.45	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.31	LLY	Eli Lilly	Pair Corr

Related Correlations Analysis

	STRM	HSTM	NRC	CPSI	NXGN	PRVA	EVH	CCLDO	CCLDP
STRM		-0.29	0.58	0.76	0.66	0.23	0.5	-0.17	-0.42	STRM
HSTM	-0.29		-0.25	-0.16	0.06	0.77	-0.84	0.73	0.76	HSTM
NRC	0.58	-0.25		0.12	0.23	0.11	0.6	-0.14	-0.29	NRC
CPSI	0.76	-0.16	0.12		0.71	0.26	0.2	-0.1	-0.33	CPSI
NXGN	0.66	0.06	0.23	0.71		0.53	0.1	0.2	-0.02	NXGN
PRVA	0.23	0.77	0.11	0.26	0.53		-0.47	0.57	0.48	PRVA
EVH	0.5	-0.84	0.6	0.2	0.1	-0.47		-0.74	-0.82	EVH
CCLDO	-0.17	0.73	-0.14	-0.1	0.2	0.57	-0.74		0.94	CCLDO
CCLDP	-0.42	0.76	-0.29	-0.33	-0.02	0.48	-0.82	0.94		CCLDP
	STRM	HSTM	NRC	CPSI	NXGN	PRVA	EVH	CCLDO	CCLDP

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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

CCLDP	+ 0.94	CCLDO
PRVA	+ 0.77	HSTM
CPSI	+ 0.76	STRM
CCLDP	+ 0.76	HSTM
CCLDO	+ 0.73	HSTM
NXGN	+ 0.71	CPSI

High negative correlations

EVH	- 0.84	HSTM
CCLDP	- 0.82	EVH
CCLDO	- 0.74	EVH
EVH	- 0.47	PRVA
CCLDP	- 0.42	STRM
CCLDP	- 0.33	CPSI

Risk-Adjusted Indicators

There is a big difference between LifeMD Stock performing well and LifeMD 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 LifeMD'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
STRM	7.24	(0.99)	0.00	(1.05)	0.00	0.00	19.40	(14.33)	55.52
HSTM	1.22	0.08	0.06	0.21	1.32	(1.35)	2.33	(2.00)	10.49
NRC	2.00	(0.31)	0.00	(0.05)	0.00	0.00	4.51	(4.72)	13.17
CPSI	1.50	(0.12)	0.00	0.43	0.00	0.00	2.85	(3.01)	14.25
NXGN	1.10	(0.08)	0.00	0.54	0.00	0.00	2.81	(2.35)	7.28
PRVA	2.00	(0.09)	0.01	0.07	2.14	(2.21)	4.30	(3.55)	15.04
EVH	3.11	(1.44)	0.00	(1.22)	0.00	0.00	4.48	(5.92)	51.11
CCLDO	2.45	0.67	0.19	(0.95)	1.98	(3.55)	6.15	(4.30)	35.94
CCLDP	2.38	0.97	0.46	(2.05)	1.04	(3.16)	6.44	(2.43)	34.13

LifeMD Corporate Management

Alexander Mironov	President	Profile
Dennis Wijnker	Chief Officer	Profile
Tameca Brown	VP HR	Profile
Marc Benathen	Chief Officer	Profile
Varun Pathak	Chief Simpli	Profile
Shane Biffar	Chief Counsel	Profile
Jessica Friedeman	Chief Officer	Profile

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