Correlation Between Gatekeeper Systems and LogicMark

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

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

Diversification Opportunities for Gatekeeper Systems and LogicMark

0.82

Correlation Coefficient

Gatekeeper Systems  LogicMark

Very poor diversification

The 3 months correlation between Gatekeeper and LogicMark is 0.82. Overlapping area represents the amount of risk that can be diversified away by holding Gatekeeper Systems and LogicMark in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on LogicMark and Gatekeeper Systems 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 Gatekeeper Systems are associated (or correlated) with LogicMark. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of LogicMark has no effect on the direction of Gatekeeper Systems i.e., Gatekeeper Systems and LogicMark go up and down completely randomly.

Pair Corralation between Gatekeeper Systems and LogicMark

Assuming the 90 days horizon Gatekeeper Systems is expected to generate 0.44 times more return on investment than LogicMark. However, Gatekeeper Systems is 2.25 times less risky than LogicMark. It trades about 0.29 of its potential returns per unit of risk. LogicMark is currently generating about -0.33 per unit of risk. If you would invest  31.00  in Gatekeeper Systems on May 3, 2025 and sell it today you would earn a total of  60.00  from holding Gatekeeper Systems or generate 193.55% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Moves Together
Strength	Strong
Accuracy	36.07%
Values	Daily Returns

Gatekeeper Systems  vs.  LogicMark

Gatekeeper Systems

Risk-Adjusted Performance

Solid

Compared to the overall equity markets, risk-adjusted returns on investments in Gatekeeper Systems are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. Despite nearly conflicting basic indicators, Gatekeeper Systems reported solid returns over the last few months and may actually be approaching a breakup point.

LogicMark

Risk-Adjusted Performance

Very Weak

Over the last 90 days LogicMark has generated negative risk-adjusted returns adding no value to investors with long positions. Despite abnormal performance in the last few months, the Stock's primary indicators remain quite persistent which may send shares a bit higher in September 2025. The latest mess may also be a sign of long-standing up-swing for the company institutional investors.

Pair Trading with Gatekeeper Systems and LogicMark

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

The idea behind Gatekeeper Systems and LogicMark 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.