Phreesia Correlations

PHR Stock

USD 11.95 0.09 0.76%

The current 90-days correlation between Phreesia and Cingulate is 0.03 (i.e., Significant diversification). The correlation of Phreesia 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.

Phreesia Correlation With Market

Pay attention - limited upside

The correlation between Phreesia and DJI is -0.74 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Phreesia and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Phreesia Stock

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phreesia. 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.

To learn how to invest in Phreesia Stock, please use our How to Invest in Phreesia guide.

Moving together with Phreesia Stock

0.85	GLH	Global Health Earnings Call This Week	Pair Corr
0.83	DH	Definitive Healthcare Earnings Call This Week	Pair Corr
0.9	7XE	NIGHTINGALE HEALTH	Pair Corr
0.91	DOCS	Doximity	Pair Corr
0.91	VEEV	Veeva Systems Class	Pair Corr
0.88	VSEE	VSee Health	Pair Corr
0.89	PME	Pro Medicus	Pair Corr
0.77	4LL	Teladoc	Pair Corr
0.88	EMO	EM Systems	Pair Corr
0.73	WORX	Scworx Corp	Pair Corr
0.81	EVH	Evolent Health	Pair Corr
0.8	L7T	UNIDOC HEALTH P	Pair Corr
0.83	SHG	Singular Health Group	Pair Corr
0.93	WAY	Waystar Holding Corp	Pair Corr
0.83	GDRX	Goodrx Holdings	Pair Corr
0.66	HCAT	Health Catalyst	Pair Corr
0.77	VHI	Vitalhub Corp	Pair Corr
0.88	HL5	HealthStream Earnings Call This Week	Pair Corr
0.85	HSTM	HealthStream Earnings Call This Week	Pair Corr

Moving against Phreesia Stock

0.79	ALMDT	Mediantechn	Pair Corr
0.58	FDBK	Feedback PLC Earnings Call This Week	Pair Corr
0.57	AJ91	DocCheck AG	Pair Corr
0.35	OC9	Omnicell	Pair Corr
0.67	CHS	Comprehensive Healthcare Earnings Call Today	Pair Corr
0.5	APTOF	DMD Digital Health	Pair Corr
0.49	DOC	Doctor Care Anywhere	Pair Corr
0.34	ALC	Alcidion Group	Pair Corr

Related Correlations Analysis

	BFRG	TNON	SNSE	EVGN	TRAW	IMNN	BOLT	AEON	XAIR	CING
BFRG		0.9	-0.25	0.4	0.01	0.76	-0.33	-0.63	-0.15	-0.86	BFRG
TNON	0.9		-0.15	0.51	0.14	0.78	-0.34	-0.57	0.1	-0.9	TNON
SNSE	-0.25	-0.15		0.02	-0.27	-0.12	0.57	0.52	0.28	0.22	SNSE
EVGN	0.4	0.51	0.02		0.15	0.52	-0.33	-0.31	0.16	-0.43	EVGN
TRAW	0.01	0.14	-0.27	0.15		0.16	0.1	-0.31	0.56	0.01	TRAW
IMNN	0.76	0.78	-0.12	0.52	0.16		-0.27	-0.55	0.03	-0.74	IMNN
BOLT	-0.33	-0.34	0.57	-0.33	0.1	-0.27		0.61	0.25	0.49	BOLT
AEON	-0.63	-0.57	0.52	-0.31	-0.31	-0.55	0.61		0.09	0.61	AEON
XAIR	-0.15	0.1	0.28	0.16	0.56	0.03	0.25	0.09		0.07	XAIR
CING	-0.86	-0.9	0.22	-0.43	0.01	-0.74	0.49	0.61	0.07		CING
	BFRG	TNON	SNSE	EVGN	TRAW	IMNN	BOLT	AEON	XAIR	CING

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

TNON	+ 0.9	BFRG
IMNN	+ 0.78	TNON
IMNN	+ 0.76	BFRG
AEON	+ 0.61	BOLT
CING	+ 0.61	AEON
BOLT	+ 0.57	SNSE

High negative correlations

CING	- 0.9	TNON
CING	- 0.86	BFRG
CING	- 0.74	IMNN
AEON	- 0.63	BFRG
AEON	- 0.57	TNON
AEON	- 0.55	IMNN

Risk-Adjusted Indicators

There is a big difference between Phreesia Stock performing well and Phreesia 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 Phreesia'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
BFRG	4.34	(1.38)	0.00	(0.31)	0.00	0.00	11.76	(9.09)	27.69
TNON	3.14	(0.70)	0.00	(0.62)	0.00	0.00	6.38	(8.53)	32.51
SNSE	4.97	0.07	0.02	0.11	5.59	(6.24)	17.33	(10.69)	36.61
EVGN	2.69	(0.32)	0.00	(0.28)	0.00	0.00	4.20	(7.02)	24.86
TRAW	7.06	0.46	0.05	0.73	8.91	(8.27)	17.70	(12.90)	58.96
IMNN	3.04	(0.17)	0.00	(0.38)	0.00	0.00	6.74	(5.45)	21.83
BOLT	3.08	0.06	0.01	0.18	3.85	(3.37)	8.22	(6.86)	18.32
AEON	4.33	0.20	0.03	0.28	5.25	(5.03)	10.34	(8.65)	33.74
XAIR	7.39	0.48	0.04	(0.12)	6.15	(13.15)	14.46	(10.16)	163.02
CING	3.77	0.77	0.16	0.45	4.59	(3.96)	8.45	(6.75)	24.88

Phreesia Corporate Management

Michael Davidoff	Senior Vice President - Marketing and Business Development	Profile
Scott Perricelli	Independent Director	Profile
Charles Kallenbach	General Counsel, Secretary	Profile
Nick Kemske	Chief 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