Cognyte Software Correlations

CGNT Stock

USD 7.20 0.47 6.13%

The current 90-days correlation between Cognyte Software and CiT Inc is 0.01 (i.e., Significant diversification). The correlation of Cognyte Software 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.

Cognyte Software Correlation With Market

Average diversification

The correlation between Cognyte Software and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cognyte Software and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Cognyte Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cognyte Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Cognyte Stock please use our How to Invest in Cognyte Software guide.

Moving together with Cognyte Stock

0.74	U	Unity Software	Pair Corr
0.77	CRM	Salesforce	Pair Corr
0.74	CRM	SalesforceCom CDR	Pair Corr
0.67	SNPS	Synopsys	Pair Corr
0.68	BYIT	Bytes Technology	Pair Corr

Moving against Cognyte Stock

0.37	DEAL	Playgon Games	Pair Corr
0.34	RTH	Ras Technology Holdings	Pair Corr
0.64	KO	Coca Cola Earnings Call This Week	Pair Corr
0.33	NFG	National Fuel Gas	Pair Corr

Related Correlations Analysis

	CINT	ARQQ	BLZE	OWLS	CCSI	PRTH	EXOD	IIIV	SPT	DAVA
CINT		-0.47	-0.27	-0.49	0.18	0.3	-0.44	-0.52	-0.54	-0.2	CINT
ARQQ	-0.47		0.8	0.79	0.1	-0.06	0.83	0.63	0.6	0.68	ARQQ
BLZE	-0.27	0.8		0.59	0.22	-0.09	0.89	0.76	0.54	0.85	BLZE
OWLS	-0.49	0.79	0.59		0.22	-0.36	0.7	0.56	0.38	0.58	OWLS
CCSI	0.18	0.1	0.22	0.22		-0.27	0.14	0.24	0.01	0.28	CCSI
PRTH	0.3	-0.06	-0.09	-0.36	-0.27		-0.1	-0.29	0.04	-0.15	PRTH
EXOD	-0.44	0.83	0.89	0.7	0.14	-0.1		0.84	0.54	0.82	EXOD
IIIV	-0.52	0.63	0.76	0.56	0.24	-0.29	0.84		0.61	0.72	IIIV
SPT	-0.54	0.6	0.54	0.38	0.01	0.04	0.54	0.61		0.48	SPT
DAVA	-0.2	0.68	0.85	0.58	0.28	-0.15	0.82	0.72	0.48		DAVA
	CINT	ARQQ	BLZE	OWLS	CCSI	PRTH	EXOD	IIIV	SPT	DAVA

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

EXOD	+ 0.89	BLZE
DAVA	+ 0.85	BLZE
IIIV	+ 0.84	EXOD
EXOD	+ 0.83	ARQQ
DAVA	+ 0.82	EXOD
BLZE	+ 0.8	ARQQ

High negative correlations

SPT	- 0.54	CINT
IIIV	- 0.52	CINT
OWLS	- 0.49	CINT
ARQQ	- 0.47	CINT
EXOD	- 0.44	CINT
PRTH	- 0.36	OWLS

Risk-Adjusted Indicators

There is a big difference between Cognyte Stock performing well and Cognyte Software 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 Cognyte Software'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
CINT	2.17	0.17	0.03	8.10	2.82	(2.23)	5.51	(5.14)	12.99
ARQQ	4.19	(1.12)	0.00	(0.21)	0.00	0.00	7.88	(9.81)	25.62
BLZE	2.18	(0.79)	0.00	(0.37)	0.00	0.00	3.85	(5.12)	10.68
OWLS	3.45	(0.83)	0.00	(0.87)	0.00	0.00	10.05	(7.94)	30.05
CCSI	2.10	(0.01)	0.02	0.09	2.41	(2.39)	4.26	(4.81)	8.77
PRTH	2.04	0.04	0.04	0.12	2.27	(2.53)	5.63	(4.07)	22.16
EXOD	4.44	(1.16)	0.00	(0.46)	0.00	0.00	7.61	(10.97)	36.02
IIIV	2.10	(0.55)	0.00	(0.31)	0.00	0.00	3.87	(5.24)	11.63
SPT	2.72	(0.49)	0.00	(0.45)	0.00	0.00	4.85	(7.72)	15.22
DAVA	3.02	(0.83)	0.00	(0.44)	0.00	0.00	4.93	(5.86)	30.79

Cognyte Software Corporate Management

Dean Ridlon	Head Relations	Profile
Ronny Lempel	Chief Officer	Profile
Miki Migdal	Chief Officer	Profile
Ilan Rotem	Chief Officer	Profile
Elad Sharon	CEO Director	Profile
Avi Schechter	Chief Officer	Profile
Rini Karlin	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