Correlation Between Interactive Strength and CSWI Old

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

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

Diversification Opportunities for Interactive Strength and CSWI Old

-0.49

Correlation Coefficient

Interactive Strength  CSWI Old

Very good diversification

The 3 months correlation between Interactive and CSWI is -0.49. Overlapping area represents the amount of risk that can be diversified away by holding Interactive Strength Common and CSWI Old in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on CSWI Old and Interactive Strength 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 Interactive Strength Common are associated (or correlated) with CSWI Old. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of CSWI Old has no effect on the direction of Interactive Strength i.e., Interactive Strength and CSWI Old go up and down completely randomly.

Pair Corralation between Interactive Strength and CSWI Old

Given the investment horizon of 90 days Interactive Strength Common is expected to under-perform the CSWI Old. In addition to that, Interactive Strength is 4.08 times more volatile than CSWI Old. It trades about -0.11 of its total potential returns per unit of risk. CSWI Old is currently generating about -0.04 per unit of volatility. If you would invest  36,536  in CSWI Old on September 22, 2025 and sell it today you would lose (6,026) from holding CSWI Old or give up 16.49% of portfolio value over 90 days.

Time Period	3 Months [change]
Direction	Moves Against
Strength	Very Weak
Accuracy	52.94%
Values	Daily Returns

Interactive Strength Common  vs.  CSWI Old

Interactive Strength

Risk-Adjusted Performance

Weakest

Over the last 90 days Interactive Strength Common has generated negative risk-adjusted returns adding no value to investors with long positions. Even with unsteady performance in the last few months, the Stock's basic indicators remain relatively invariable which may send shares a bit higher in January 2026. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors.

CSWI Old

Risk-Adjusted Performance

Weakest

Over the last 90 days CSWI Old has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong basic indicators, CSWI Old is not utilizing all of its potentials. The latest stock price confusion, may contribute to short-horizon losses for the traders.

Pair Trading with Interactive Strength and CSWI Old

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

The idea behind Interactive Strength Common and CSWI Old 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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.