Correlation Between CXApp and VerifyMe

Can any of the company-specific risk be diversified away by investing in both CXApp and VerifyMe at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining CXApp and VerifyMe into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between CXApp Inc and VerifyMe, you can compare the effects of market volatilities on CXApp and VerifyMe and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in CXApp with a short position of VerifyMe. Check out your portfolio center. Please also check ongoing floating volatility patterns of CXApp and VerifyMe.

Diversification Opportunities for CXApp and VerifyMe

0.06

Correlation Coefficient

CXApp  VerifyMe

Significant diversification

The 3 months correlation between CXApp and VerifyMe is 0.06. Overlapping area represents the amount of risk that can be diversified away by holding CXApp Inc and VerifyMe in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on VerifyMe and CXApp is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on CXApp Inc are associated (or correlated) with VerifyMe. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of VerifyMe has no effect on the direction of CXApp i.e., CXApp and VerifyMe go up and down completely randomly.

Pair Corralation between CXApp and VerifyMe

If you would invest  8.06  in CXApp Inc on July 21, 2025 and sell it today you would earn a total of  0.65  from holding CXApp Inc or generate 8.06% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Moves Together
Strength	Insignificant
Accuracy	1.56%
Values	Daily Returns

CXApp Inc  vs.  VerifyMe

CXApp Inc

Risk-Adjusted Performance

Mild

Compared to the overall equity markets, risk-adjusted returns on investments in CXApp Inc are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly conflicting forward indicators, CXApp showed solid returns over the last few months and may actually be approaching a breakup point.

VerifyMe

Risk-Adjusted Performance

Weakest

Over the last 90 days VerifyMe has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable technical and fundamental indicators, VerifyMe is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors.

Pair Trading with CXApp and VerifyMe

The main advantage of trading using opposite CXApp and VerifyMe positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if CXApp position performs unexpectedly, VerifyMe can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in VerifyMe will offset losses from the drop in VerifyMe's long position.

The idea behind CXApp Inc and VerifyMe pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

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Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..