Correlation Between SentinelOne and Intellinetics

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

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

Diversification Opportunities for SentinelOne and Intellinetics

0.74

Correlation Coefficient

SentinelOne  Intellinetics

Poor diversification

The 3 months correlation between SentinelOne and Intellinetics is 0.74. Overlapping area represents the amount of risk that can be diversified away by holding SentinelOne and Intellinetics in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Intellinetics and SentinelOne 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 SentinelOne are associated (or correlated) with Intellinetics. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Intellinetics has no effect on the direction of SentinelOne i.e., SentinelOne and Intellinetics go up and down completely randomly.

Pair Corralation between SentinelOne and Intellinetics

Taking into account the 90-day investment horizon SentinelOne is expected to generate 0.78 times more return on investment than Intellinetics. However, SentinelOne is 1.28 times less risky than Intellinetics. It trades about -0.06 of its potential returns per unit of risk. Intellinetics is currently generating about -0.08 per unit of risk. If you would invest  1,949  in SentinelOne on July 23, 2025 and sell it today you would lose (235.00) from holding SentinelOne or give up 12.06% of portfolio value over 90 days.

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

SentinelOne  vs.  Intellinetics

SentinelOne

Risk-Adjusted Performance

Weakest

Over the last 90 days SentinelOne has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Stock's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors.

Intellinetics

Risk-Adjusted Performance

Weakest

Over the last 90 days Intellinetics has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's essential indicators 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 SentinelOne and Intellinetics

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

The idea behind SentinelOne and Intellinetics 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..