Correlation Between Jinxin Technology and Comscore

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

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

Diversification Opportunities for Jinxin Technology and Comscore

0.13

Correlation Coefficient

Jinxin Technology  Comscore

Average diversification

The 3 months correlation between Jinxin and Comscore is 0.13. Overlapping area represents the amount of risk that can be diversified away by holding Jinxin Technology Holding and Comscore in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Comscore and Jinxin Technology 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 Jinxin Technology Holding 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 Jinxin Technology i.e., Jinxin Technology and Comscore go up and down completely randomly.

Pair Corralation between Jinxin Technology and Comscore

Given the investment horizon of 90 days Jinxin Technology Holding is expected to generate 3.16 times more return on investment than Comscore. However, Jinxin Technology is 3.16 times more volatile than Comscore. It trades about 0.06 of its potential returns per unit of risk. Comscore is currently generating about 0.19 per unit of risk. If you would invest  72.00  in Jinxin Technology Holding on September 17, 2025 and sell it today you would earn a total of  2.00  from holding Jinxin Technology Holding or generate 2.78% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Moves Together
Strength	Insignificant
Accuracy	90.48%
Values	Daily Returns

Jinxin Technology Holding  vs.  Comscore

Jinxin Technology Holding

Risk-Adjusted Performance

Weakest

Over the last 90 days Jinxin Technology Holding has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Stock's primary indicators remain fairly strong which may send shares a bit higher in January 2026. The recent confusion may also be a sign of long-lasting up-swing for the firm traders.

Comscore

Risk-Adjusted Performance

Mild

Compared to the overall equity markets, risk-adjusted returns on investments in Comscore are ranked lower than 5 (%) 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 Jinxin Technology and Comscore

The main advantage of trading using opposite Jinxin Technology and Comscore positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Jinxin Technology 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 Jinxin Technology Holding 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.

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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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.