R1 RCM Correlations

RCMDelisted Stock

USD 14.31 0.01 0.07%

The current 90-days correlation between R1 RCM Inc and Veradigm is 0.04 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as R1 RCM moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if R1 RCM Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

R1 RCM Correlation With Market

Good diversification

The correlation between R1 RCM Inc and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding R1 RCM Inc and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in R1 RCM 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 main economic indicators.

Moving together with RCM Stock

0.77	DOCS	Doximity	Pair Corr
0.9	WEAV	Weave Communications	Pair Corr
0.86	HQY	HealthEquity	Pair Corr
0.81	WAY	Waystar Holding Corp	Pair Corr
0.91	WGS	GeneDx Holdings Corp	Pair Corr
0.65	HSTM	HealthStream	Pair Corr
0.88	BEATW	Heartbeam Warrant	Pair Corr
0.87	WGSWW	GeneDx Holdings Corp	Pair Corr

Moving against RCM Stock

0.89	KDLYW	Kindly MD, Warrants	Pair Corr
0.89	FORA	Forian Inc	Pair Corr
0.89	TXG	10X Genomics	Pair Corr
0.89	GDRX	Goodrx Holdings Upward Rally	Pair Corr
0.87	PHR	Phreesia	Pair Corr
0.85	EVH	Evolent Health	Pair Corr
0.77	LIFWW	MSP Recovery	Pair Corr
0.74	NRC	National Research Corp	Pair Corr
0.74	SLP	Simulations Plus	Pair Corr
0.46	DH	Definitive Healthcare	Pair Corr
0.94	MNDR	Mobile health Network	Pair Corr
0.91	ICCT	iCoreConnect Common stock	Pair Corr
0.91	OTRK	Ontrak Inc	Pair Corr
0.89	BFRGW	Bullfrog AI Holdings,	Pair Corr
0.88	MGRX	Mangoceuticals, Common	Pair Corr
0.88	OPRX	OPTIMIZERx Corp	Pair Corr
0.87	LIFW	MSP Recovery Buyout Trend	Pair Corr
0.85	PGNY	Progyny	Pair Corr
0.83	ACCD	Accolade	Pair Corr
0.77	KDLY	Kindly MD, Common	Pair Corr

Related Correlations Analysis

	MDRX	NRC	CPSI	DH	HSTM	EVH	AGTI	CMAX	CERT	PRVA
MDRX		-0.06	0.31	-0.18	0.72	-0.6	-0.06	-0.15	-0.17	0.81	MDRX
NRC	-0.06		0.12	0.58	-0.25	0.6	0.07	0.48	0.55	0.11	NRC
CPSI	0.31	0.12		0.06	-0.16	0.2	0.42	0.55	0.64	0.26	CPSI
DH	-0.18	0.58	0.06		-0.08	0.38	0.25	0.43	0.55	0.13	DH
HSTM	0.72	-0.25	-0.16	-0.08		-0.84	-0.26	-0.38	-0.4	0.77	HSTM
EVH	-0.6	0.6	0.2	0.38	-0.84		0.18	0.66	0.65	-0.47	EVH
AGTI	-0.06	0.07	0.42	0.25	-0.26	0.18		0.21	0.53	-0.19	AGTI
CMAX	-0.15	0.48	0.55	0.43	-0.38	0.66	0.21		0.8	0.12	CMAX
CERT	-0.17	0.55	0.64	0.55	-0.4	0.65	0.53	0.8		0.02	CERT
PRVA	0.81	0.11	0.26	0.13	0.77	-0.47	-0.19	0.12	0.02		PRVA
	MDRX	NRC	CPSI	DH	HSTM	EVH	AGTI	CMAX	CERT	PRVA

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

PRVA	+ 0.81	MDRX
CERT	+ 0.8	CMAX
PRVA	+ 0.77	HSTM
HSTM	+ 0.72	MDRX
CMAX	+ 0.66	EVH
CERT	+ 0.65	EVH

High negative correlations

EVH	- 0.84	HSTM
EVH	- 0.6	MDRX
PRVA	- 0.47	EVH
CERT	- 0.4	HSTM
CMAX	- 0.38	HSTM
AGTI	- 0.26	HSTM

Risk-Adjusted Indicators

There is a big difference between RCM Stock performing well and R1 RCM 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 R1 RCM'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
MDRX	1.27	0.15	(0.01)	(0.35)	2.08	(1.14)	2.58	(3.07)	8.73
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
DH	2.07	(0.17)	(0.02)	0.03	2.42	(2.28)	4.37	(4.00)	13.20
HSTM	1.22	0.08	0.06	0.21	1.32	(1.35)	2.33	(2.00)	10.49
EVH	3.11	(1.44)	0.00	(1.22)	0.00	0.00	4.48	(5.92)	51.11
AGTI	2.06	(0.02)	(0.04)	0.05	2.87	(1.81)	4.03	(4.45)	10.75
CMAX	6.55	(1.85)	0.00	(1.78)	0.00	0.00	12.64	(11.63)	80.24
CERT	1.88	(0.55)	0.00	(0.17)	0.00	0.00	3.48	(4.01)	15.96
PRVA	2.00	(0.09)	0.01	0.07	2.14	(2.21)	4.30	(3.55)	15.04

R1 RCM Corporate Management

Brian Gambs	EVP Officer	Profile
Sean Radcliffe	General VP	Profile
Pamela Spikner	Principal Officer	Profile
Atif Rahim	Sr Devel	Profile
Kate Sanderson	Executive Officer	Profile
Evan CFA	Senior Relations	Profile

Still Interested in R1 RCM Inc?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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

2024 Macroaxis LLC