CGNT vs DSP: Correlation
Cognyte Software Ltd. (CGNT) and Viant Technology Inc. (DSP) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CGNT and DSP?
Across a 3-year window, the weekly returns of CGNT and DSP correlate at 0.45, moderate. The past 12 months show a tighter link (0.56) than the 3-year average (0.45). Stretching to 5 years gives 0.32, with an annualized covariance of 1352.0 %².
By 3-year correlation, DSP places #4 of the 15 assets tracked against CGNT. Their recent paths diverged sharply: over the last 12 months DSP outperformed by 23.1 percentage points (+3.4% for CGNT against +26.5% for DSP).
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.
CGNT vs DSP: side by side
| CGNT (Cognyte Software Ltd.) | DSP (Viant Technology Inc.) | |
|---|---|---|
| 1-year return | +3.4% | +26.5% |
| 5-year return | -67.0% | -9.6% |
| Volatility (ann.) | 49.0% | 60.9% |
| Beta vs S&P 500 | 1.00 | 1.57 |
| Max drawdown (3Y) | -44.3% | -68.6% |
| Market cap | $0.7B | $0.8B |
| P/E (trailing) | – | 34.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CGNT | DSP |
|---|---|---|
| 2022 | -80.2% | -58.6% |
| 2023 | +106.8% | +71.4% |
| 2024 | +34.5% | +175.6% |
| 2025 | +8.7% | -36.6% |
| 2026 | -4.0% | +5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CGNT and DSP good diversifiers for each other?
Reasonably. At 0.45, CGNT and DSP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CGNT and DSP?
As of 2026-08-27, the correlation of weekly returns between CGNT and DSP is 0.45 over 3 years, 0.56 over 1 year and 0.32 over 5 years.
Is DSP a good diversifier for CGNT?
Reasonably. At 0.45, CGNT and DSP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
A reading of 0.45 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/cgnt-vs-dsp.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cgnt-vs-dsp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CGNT correlations · DSP correlations
