Correlation Between CXApp and MIND CTI

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

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

Diversification Opportunities for CXApp and MIND CTI

0.37

Correlation Coefficient

CXApp  MIND CTI

Weak diversification

The 3 months correlation between CXApp and MIND is 0.37. Overlapping area represents the amount of risk that can be diversified away by holding CXApp Inc and MIND CTI in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on MIND CTI and CXApp 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 CXApp Inc are associated (or correlated) with MIND CTI. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of MIND CTI has no effect on the direction of CXApp i.e., CXApp and MIND CTI go up and down completely randomly.

Pair Corralation between CXApp and MIND CTI

Given the investment horizon of 90 days CXApp Inc is expected to generate 1.85 times more return on investment than MIND CTI. However, CXApp is 1.85 times more volatile than MIND CTI. It trades about -0.06 of its potential returns per unit of risk. MIND CTI is currently generating about -0.12 per unit of risk. If you would invest  93.00  in CXApp Inc on August 5, 2025 and sell it today you would lose (20.00) from holding CXApp Inc or give up 21.51% of portfolio value over 90 days.

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

CXApp Inc  vs.  MIND CTI

CXApp Inc

Risk-Adjusted Performance

Weakest

Over the last 90 days CXApp Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unfluctuating performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in December 2025. The recent confusion may also be a sign of long-lasting up-swing for the firm traders.

MIND CTI

Risk-Adjusted Performance

Weakest

Over the last 90 days MIND CTI has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's fundamental indicators remain very healthy which may send shares a bit higher in December 2025. The recent disarray may also be a sign of long period up-swing for the firm investors.

Pair Trading with CXApp and MIND CTI

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

The idea behind CXApp Inc and MIND CTI 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.