Correlation Between Fair Isaac and Cyngn

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

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

Diversification Opportunities for Fair Isaac and Cyngn

-0.34

Correlation Coefficient

Fair Isaac  Cyngn

Very good diversification

The 3 months correlation between Fair and Cyngn is -0.34. Overlapping area represents the amount of risk that can be diversified away by holding Fair Isaac and Cyngn Inc in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Cyngn Inc and Fair Isaac 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 Fair Isaac are associated (or correlated) with Cyngn. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Cyngn Inc has no effect on the direction of Fair Isaac i.e., Fair Isaac and Cyngn go up and down completely randomly.

Pair Corralation between Fair Isaac and Cyngn

Given the investment horizon of 90 days Fair Isaac is expected to under-perform the Cyngn. But the stock apears to be less risky and, when comparing its historical volatility, Fair Isaac is 6.38 times less risky than Cyngn. The stock trades about -0.16 of its potential returns per unit of risk. The Cyngn Inc is currently generating about 0.08 of returns per unit of risk over similar time horizon. If you would invest  525.00  in Cyngn Inc on May 5, 2025 and sell it today you would earn a total of  145.00  from holding Cyngn Inc or generate 27.62% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Moves Against
Strength	Insignificant
Accuracy	100.0%
Values	Daily Returns

Fair Isaac  vs.  Cyngn Inc

Fair Isaac

Risk-Adjusted Performance

Very Weak

Over the last 90 days Fair Isaac 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 fundamental indicators remain very healthy which may send shares a bit higher in September 2025. The recent disarray may also be a sign of long period up-swing for the firm investors.

Cyngn Inc

Risk-Adjusted Performance

Modest

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.

Pair Trading with Fair Isaac and Cyngn

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

The idea behind Fair Isaac and Cyngn Inc 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.