Correlation Between SentinelOne and AgriFORCE Growing

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

By analyzing existing cross correlation between SentinelOne and AgriFORCE Growing Systems, you can compare the effects of market volatilities on SentinelOne and AgriFORCE Growing 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 AgriFORCE Growing. Check out your portfolio center. Please also check ongoing floating volatility patterns of SentinelOne and AgriFORCE Growing.

Diversification Opportunities for SentinelOne and AgriFORCE Growing

-0.11

Correlation Coefficient

SentinelOne  AgriFORCE Growing

Good diversification

The 3 months correlation between SentinelOne and AgriFORCE is -0.11. Overlapping area represents the amount of risk that can be diversified away by holding SentinelOne and AgriFORCE Growing Systems in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on AgriFORCE Growing Systems 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 AgriFORCE Growing. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of AgriFORCE Growing Systems has no effect on the direction of SentinelOne i.e., SentinelOne and AgriFORCE Growing go up and down completely randomly.

Pair Corralation between SentinelOne and AgriFORCE Growing

Taking into account the 90-day investment horizon SentinelOne is expected to under-perform the AgriFORCE Growing. But the stock apears to be less risky and, when comparing its historical volatility, SentinelOne is 7.41 times less risky than AgriFORCE Growing. The stock trades about -0.08 of its potential returns per unit of risk. The AgriFORCE Growing Systems is currently generating about 0.07 of returns per unit of risk over similar time horizon. If you would invest  223.00  in AgriFORCE Growing Systems on September 10, 2025 and sell it today you would earn a total of  10.00  from holding AgriFORCE Growing Systems or generate 4.48% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Moves Against
Strength	Insignificant
Accuracy	74.6%
Values	Daily Returns

SentinelOne  vs.  AgriFORCE Growing Systems

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 uncertain performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in January 2026. The newest uproar may also be a sign of mid-term up-swing for the firm private investors.

AgriFORCE Growing Systems

Risk-Adjusted Performance

Mild

Over the last 90 days AgriFORCE Growing Systems has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly fragile basic indicators, AgriFORCE Growing demonstrated solid returns over the last few months and may actually be approaching a breakup point.

Pair Trading with SentinelOne and AgriFORCE Growing

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

The idea behind SentinelOne and AgriFORCE Growing Systems 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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.