Correlation Between Intelligent Group and Comscore

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

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

Diversification Opportunities for Intelligent Group and Comscore

-0.68

Correlation Coefficient

Intelligent Group  Comscore

Excellent diversification

The 3 months correlation between Intelligent and Comscore is -0.68. Overlapping area represents the amount of risk that can be diversified away by holding Intelligent Group Limited and Comscore in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Comscore and Intelligent 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 Intelligent Group Limited are associated (or correlated) with Comscore. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Comscore has no effect on the direction of Intelligent Group i.e., Intelligent Group and Comscore go up and down completely randomly.

Pair Corralation between Intelligent Group and Comscore

Given the investment horizon of 90 days Intelligent Group is expected to generate 2.74 times less return on investment than Comscore. In addition to that, Intelligent Group is 1.2 times more volatile than Comscore. It trades about 0.01 of its total potential returns per unit of risk. Comscore is currently generating about 0.03 per unit of volatility. If you would invest  713.00  in Comscore on July 22, 2025 and sell it today you would earn a total of  27.00  from holding Comscore or generate 3.79% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Moves Against
Strength	Weak
Accuracy	99.66%
Values	Daily Returns

Intelligent Group Limited  vs.  Comscore

Intelligent Group

Risk-Adjusted Performance

Weakest

Over the last 90 days Intelligent Group Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Even with weak performance in the last few months, the Stock's basic indicators remain relatively steady which may send shares a bit higher in November 2025. The new chaos may also be a sign of medium-term up-swing for the company stakeholders.

Comscore

Risk-Adjusted Performance

Mild

Compared to the overall equity markets, risk-adjusted returns on investments in Comscore are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Even with relatively inconsistent basic indicators, Comscore reported solid returns over the last few months and may actually be approaching a breakup point.

Pair Trading with Intelligent Group and Comscore

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

The idea behind Intelligent Group Limited and Comscore 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.

Check out your portfolio center.

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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.