CGEN vs LGL: Correlation
Compugen Ltd. (CGEN) and LGL Group, Inc. (The) (LGL) show a weak relationship: their 3-year correlation of weekly returns is 0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CGEN and LGL?
Across a 3-year window, the weekly returns of CGEN and LGL correlate at 0.29, weak. The past 12 months show a weaker link (0.14) than the 3-year average (0.29). Stretching to 5 years gives 0.21, with an annualized covariance of 876.1 %².
By 3-year correlation, LGL places #13 of the 18 assets tracked against CGEN. The last year tells two different stories: CGEN led by 72.8 percentage points, +87.8% for CGEN against +15.0% for LGL. Note the risk asymmetry: CGEN runs 3.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
CGEN vs LGL: side by side
| CGEN (Compugen Ltd.) | LGL (LGL Group, Inc. (The)) | |
|---|---|---|
| 1-year return | +87.8% | +15.0% |
| 5-year return | -59.2% | +78.3% |
| Volatility (ann.) | 95.6% | 32.1% |
| Beta vs S&P 500 | 1.63 | 0.18 |
| Max drawdown (3Y) | -60.0% | -27.2% |
| Market cap | $0.3B | $0.1B |
| P/E (trailing) | 7.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CGEN | LGL |
|---|---|---|
| 2022 | -83.3% | -5.8% |
| 2023 | +175.0% | +51.6% |
| 2024 | -22.7% | -2.8% |
| 2025 | +0.0% | -3.7% |
| 2026 | +80.4% | +28.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CGEN and LGL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CGEN and LGL?
The CGEN/LGL correlation stands at 0.29 on a 3-year window (1 year: 0.14, 5 years: 0.21), computed from weekly returns as of 2026-08-27.
Is LGL a good diversifier for CGEN?
Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.29 mean?
A reading of 0.29 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cgen-vs-lgl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cgen-vs-lgl/)
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Related comparisons
Hubs: CGEN correlations · LGL correlations
