Phreesia Correlations

PHR Stock

USD 17.12 0.82 5.03%

The current 90-days correlation between Phreesia and Omada Health Common is 0.1 (i.e., Average 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

Very weak diversification

The correlation between Phreesia and DJI is 0.41 (i.e., Very weak diversification) 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

0.71	DH	Definitive Healthcare	Pair Corr
0.62	VSEE	VSee Health	Pair Corr
0.78	EVH	Evolent Health	Pair Corr
0.87	OPRX	OPTIMIZERx Corp	Pair Corr

Moving against Phreesia Stock

0.89	SMFG	Sumitomo Mitsui Financial	Pair Corr
0.88	FTV	Fortive Corp	Pair Corr
0.86	ADAMI	New York Mortgage Symbol Change	Pair Corr
0.84	SMFNF	Sumitomo Mitsui Financial	Pair Corr
0.82	MFG	Mizuho Financial	Pair Corr
0.76	NAUFF	NevGold Corp	Pair Corr
0.72	CASXF	Casa Minerals	Pair Corr
0.7	MZHOF	Mizuho Financial Normal Trading	Pair Corr
0.68	DGWPF	Drgerwerk AG	Pair Corr
0.66	DB	Deutsche Bank AG	Pair Corr
0.64	MUFG	Mitsubishi UFJ Financial	Pair Corr
0.63	SMXWW	SMX Public Limited	Pair Corr
0.57	MBFJF	Mitsubishi UFJ Financial	Pair Corr
0.47	KB	KB Financial Group	Pair Corr
0.43	SHG	Shinhan Financial	Pair Corr
0.33	SIDU	Sidus Space Trending	Pair Corr

Related Correlations Analysis

	OMDA	TDOC	SDGR	BLFS	KMTS	OMCL	ESTA	GDRX	NVCR	NEOG
OMDA		0.79	0.78	0.84	-0.2	-0.92	-0.87	0.77	0.31	-0.6	OMDA
TDOC	0.79		0.87	0.83	-0.25	-0.69	-0.81	0.79	0.63	-0.41	TDOC
SDGR	0.78	0.87		0.76	-0.04	-0.63	-0.78	0.81	0.68	-0.26	SDGR
BLFS	0.84	0.83	0.76		-0.03	-0.69	-0.69	0.63	0.43	-0.42	BLFS
KMTS	-0.2	-0.25	-0.04	-0.03		0.37	0.45	-0.44	-0.12	0.4	KMTS
OMCL	-0.92	-0.69	-0.63	-0.69	0.37		0.88	-0.79	-0.25	0.79	OMCL
ESTA	-0.87	-0.81	-0.78	-0.69	0.45	0.88		-0.94	-0.52	0.59	ESTA
GDRX	0.77	0.79	0.81	0.63	-0.44	-0.79	-0.94		0.65	-0.46	GDRX
NVCR	0.31	0.63	0.68	0.43	-0.12	-0.25	-0.52	0.65		0.05	NVCR
NEOG	-0.6	-0.41	-0.26	-0.42	0.4	0.79	0.59	-0.46	0.05		NEOG
	OMDA	TDOC	SDGR	BLFS	KMTS	OMCL	ESTA	GDRX	NVCR	NEOG

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

ESTA	+ 0.88	OMCL
SDGR	+ 0.87	TDOC
BLFS	+ 0.84	OMDA
BLFS	+ 0.83	TDOC
GDRX	+ 0.81	SDGR
TDOC	+ 0.79	OMDA

High negative correlations

GDRX	- 0.94	ESTA
OMCL	- 0.92	OMDA
ESTA	- 0.87	OMDA
ESTA	- 0.81	TDOC
GDRX	- 0.79	OMCL
ESTA	- 0.78	SDGR

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
OMDA	2.72	(0.59)	0.00	(0.63)	0.00	0.00	4.19	(7.13)	18.33
TDOC	2.82	(0.21)	0.00	(0.03)	0.00	0.00	8.24	(5.46)	18.32
SDGR	2.68	(0.24)	0.00	(0.05)	0.00	0.00	5.73	(5.05)	19.49
BLFS	1.64	(0.16)	0.00	(0.06)	0.00	0.00	3.94	(3.55)	13.74
KMTS	2.47	(0.03)	0.01	0.04	3.49	(2.43)	5.06	(6.80)	17.59
OMCL	1.92	0.58	0.35	0.75	1.28	(2.51)	5.25	(2.43)	17.09
ESTA	2.67	0.82	0.26	1.18	2.45	(3.28)	6.94	(5.54)	30.17
GDRX	2.41	(0.68)	0.00	(0.41)	0.00	0.00	3.44	(4.56)	29.45
NVCR	2.53	(0.04)	0.00	0.04	2.98	(2.96)	5.31	(4.90)	17.03
NEOG	2.46	0.28	0.09	0.24	2.99	(2.74)	5.96	(5.91)	27.41

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