Correlation Between Immersion and Satellogic

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

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

Diversification Opportunities for Immersion and Satellogic

0.65

Correlation Coefficient

Immersion  Satellogic

Poor diversification

The 3 months correlation between Immersion and Satellogic is 0.65. Overlapping area represents the amount of risk that can be diversified away by holding Immersion and Satellogic V in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Satellogic V and Immersion 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 Immersion are associated (or correlated) with Satellogic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Satellogic V has no effect on the direction of Immersion i.e., Immersion and Satellogic go up and down completely randomly.

Pair Corralation between Immersion and Satellogic

Given the investment horizon of 90 days Immersion is expected to generate 0.43 times more return on investment than Satellogic. However, Immersion is 2.3 times less risky than Satellogic. It trades about -0.01 of its potential returns per unit of risk. Satellogic V is currently generating about -0.12 per unit of risk. If you would invest  704.00  in Immersion on September 16, 2025 and sell it today you would lose (29.00) from holding Immersion or give up 4.12% of portfolio value over 90 days.

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

Immersion  vs.  Satellogic V

Immersion

Risk-Adjusted Performance

Weakest

Over the last 90 days Immersion has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable primary indicators, Immersion is not utilizing all of its potentials. The newest stock price agitation, may contribute to short-term losses for the retail investors.

Satellogic V

Risk-Adjusted Performance

Weakest

Over the last 90 days Satellogic V has generated negative risk-adjusted returns adding no value to investors with long positions. Despite uncertain performance in the last few months, the Stock's basic indicators remain quite persistent which may send shares a bit higher in January 2026. The latest mess may also be a sign of long-standing up-swing for the company institutional investors.

Pair Trading with Immersion and Satellogic

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

The idea behind Immersion and Satellogic V 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.