Correlation Between Cyngn and SOS

Can any of the company-specific risk be diversified away by investing in both Cyngn and SOS 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 Cyngn and SOS into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Cyngn Inc and SOS Limited, you can compare the effects of market volatilities on Cyngn and SOS 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 Cyngn with a short position of SOS. Check out your portfolio center. Please also check ongoing floating volatility patterns of Cyngn and SOS.

Diversification Opportunities for Cyngn and SOS

0.22

Correlation Coefficient

Cyngn  SOS

Modest diversification

The 3 months correlation between Cyngn and SOS is 0.22. Overlapping area represents the amount of risk that can be diversified away by holding Cyngn Inc and SOS Limited in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on SOS Limited and Cyngn 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 Cyngn Inc are associated (or correlated) with SOS. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of SOS Limited has no effect on the direction of Cyngn i.e., Cyngn and SOS go up and down completely randomly.

Pair Corralation between Cyngn and SOS

Considering the 90-day investment horizon Cyngn Inc is expected to generate 0.37 times more return on investment than SOS. However, Cyngn Inc is 2.67 times less risky than SOS. It trades about -0.43 of its potential returns per unit of risk. SOS Limited is currently generating about -0.5 per unit of risk. If you would invest  873.00  in Cyngn Inc on May 21, 2025 and sell it today you would lose (309.00) from holding Cyngn Inc or give up 35.4% of portfolio value over 90 days.

Time Period	3 Months [change]
Direction	Moves Together
Strength	Very Weak
Accuracy	100.0%
Values	Daily Returns

Cyngn Inc  vs.  SOS Limited

Cyngn Inc

Risk-Adjusted Performance

Mild

Compared to the overall equity markets, risk-adjusted returns on investments in Cyngn Inc are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very uncertain basic indicators, Cyngn displayed solid returns over the last few months and may actually be approaching a breakup point.

SOS Limited

Risk-Adjusted Performance

Weakest

Over the last 90 days SOS Limited has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in September 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors.

Pair Trading with Cyngn and SOS

The main advantage of trading using opposite Cyngn and SOS positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Cyngn position performs unexpectedly, SOS 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 SOS will offset losses from the drop in SOS's long position.

The idea behind Cyngn Inc and SOS Limited 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.