Correlation Between Intchains Group and Mobix Labs

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

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

Diversification Opportunities for Intchains Group and Mobix Labs

0.18

Correlation Coefficient

Intchains Group  Mobix Labs

Average diversification

The 3 months correlation between Intchains and Mobix is 0.18. Overlapping area represents the amount of risk that can be diversified away by holding Intchains Group Limited and Mobix Labs in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Mobix Labs and Intchains Group 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 Intchains Group Limited are associated (or correlated) with Mobix Labs. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Mobix Labs has no effect on the direction of Intchains Group i.e., Intchains Group and Mobix Labs go up and down completely randomly.

Pair Corralation between Intchains Group and Mobix Labs

Considering the 90-day investment horizon Intchains Group Limited is expected to under-perform the Mobix Labs. But the stock apears to be less risky and, when comparing its historical volatility, Intchains Group Limited is 1.39 times less risky than Mobix Labs. The stock trades about -0.13 of its potential returns per unit of risk. The Mobix Labs is currently generating about 0.03 of returns per unit of risk over similar time horizon. If you would invest  83.00  in Mobix Labs on July 21, 2025 and sell it today you would earn a total of  0.00  from holding Mobix Labs or generate 0.0% return on investment over 90 days.

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

Intchains Group Limited  vs.  Mobix Labs

Intchains Group

Risk-Adjusted Performance

Weakest

Over the last 90 days Intchains Group Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's fundamental indicators remain nearly stable which may send shares a bit higher in November 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders.

Mobix Labs

Risk-Adjusted Performance

Weakest

Over the last 90 days Mobix Labs has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's fundamental drivers remain fairly strong which may send shares a bit higher in November 2025. The current disturbance may also be a sign of long term up-swing for the company investors.

Pair Trading with Intchains Group and Mobix Labs

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

The idea behind Intchains Group Limited and Mobix Labs 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.