VSee Health Correlations
| VSEE Stock | 0.37 0.01 2.63% |
The current 90-days correlation between VSee Health and Healthcare Triangle is 0.19 (i.e., Average diversification). The correlation of VSee Health 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.
VSee Health Correlation With Market
Significant diversification
The correlation between VSee Health and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VSee Health and DJI in the same portfolio, assuming nothing else is changed.
Moving against VSee Stock
| 0.64 | SMFNF | Sumitomo Mitsui Financial | PairCorr |
| 0.59 | SMFG | Sumitomo Mitsui Financial | PairCorr |
| 0.55 | MUFG | Mitsubishi UFJ Financial | PairCorr |
| 0.53 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.52 | ADAMI | New York Mortgage Symbol Change | PairCorr |
| 0.49 | FTV | Fortive Corp | PairCorr |
| 0.46 | SMXWW | SMX Public Limited | PairCorr |
| 0.43 | MFG | Mizuho Financial | PairCorr |
| 0.31 | NAUFF | NevGold Corp | PairCorr |
Related Correlations Analysis
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between VSee Stock performing well and VSee Health 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 VSee Health'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HCTI | 6.08 | (1.86) | 0.00 | (0.48) | 0.00 | 11.89 | 52.31 | |||
| ADGM | 5.78 | (0.59) | 0.00 | 0.62 | 0.00 | 11.36 | 64.48 | |||
| CTXR | 5.60 | (0.47) | 0.00 | (0.16) | 0.00 | 13.83 | 47.90 | |||
| ATHA | 4.00 | 1.12 | 0.29 | 0.97 | 3.29 | 7.83 | 68.72 | |||
| ALUR | 3.92 | (0.67) | 0.00 | (0.19) | 0.00 | 11.81 | 36.42 | |||
| LPTX | 14.85 | 7.21 | 0.64 | (0.52) | 6.90 | 25.00 | 65.13 | |||
| BCTX | 5.68 | (0.51) | 0.00 | (0.12) | 0.00 | 13.96 | 48.80 | |||
| APLM | 8.00 | 0.87 | 0.06 | (0.28) | 9.20 | 17.50 | 96.36 | |||
| COCH | 5.53 | 0.35 | 0.04 | 0.27 | 7.16 | 8.00 | 137.81 | |||
| MBRX | 4.90 | (1.76) | 0.00 | (1.96) | 0.00 | 8.87 | 41.63 |
VSee Health Corporate Executives
Elected by the shareholders, the VSee Health's board of directors comprises two types of representatives: VSee Health inside directors who are chosen from within the company, and outside directors, selected externally and held independent of VSee. The board's role is to monitor VSee Health's management team and ensure that shareholders' interests are well served. VSee Health's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, VSee Health's outside directors are responsible for providing unbiased perspectives on the board's policies.