CCLD vs CGEN: Correlation
How closely do CareCloud, Inc. (CCLD) and Compugen Ltd. (CGEN) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCLD and CGEN?
Over the past 3 years, CCLD and CGEN moved with a correlation of 0.44, which is moderate. The link has loosened recently: the 1-year correlation (0.01) runs below the 3-year figure (0.44). Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 5273.3 %².
Within CCLD's tracked universe of 15 assets, CGEN comes in at #4 by 3-year correlation. The last year tells two different stories: CGEN led by 116.1 percentage points, -28.3% for CCLD against +87.8% for CGEN.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CCLD vs CGEN: side by side
| CCLD (CareCloud, Inc.) | CGEN (Compugen Ltd.) | |
|---|---|---|
| 1-year return | -28.3% | +87.8% |
| 5-year return | -67.7% | -59.2% |
| Volatility (ann.) | 126.0% | 95.6% |
| Beta vs S&P 500 | 2.06 | 1.63 |
| Max drawdown (3Y) | -74.2% | -60.0% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | 38.0 | 7.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCLD | CGEN |
|---|---|---|
| 2022 | -55.5% | -83.3% |
| 2023 | -45.9% | +175.0% |
| 2024 | +140.8% | -22.7% |
| 2025 | -20.2% | +0.0% |
| 2026 | -8.9% | +80.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCLD and CGEN good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CCLD and CGEN?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.01 over the last year and 0.37 over 5 years.
Is CGEN a good diversifier for CCLD?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ccld-vs-cgen.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ccld-vs-cgen/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CCLD correlations · CGEN correlations
