CGNT vs SLP: Correlation
Cognyte Software Ltd. (CGNT) and Simulations Plus, Inc. (SLP) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CGNT and SLP?
On 3 years of weekly data the CGNT/SLP correlation comes out at 0.42, moderate. The relationship has been stable: the 1-year correlation (0.45) sits close to the 3-year figure. The 5-year figure is 0.32, and annualized covariance runs at 1151.0 %².
By 3-year correlation, SLP places #7 of the 15 assets tracked against CGNT. Their recent paths diverged sharply: over the last 12 months SLP outperformed by 24.9 percentage points (+3.4% for CGNT against +28.3% for SLP).
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 SLP: side by side
| CGNT (Cognyte Software Ltd.) | SLP (Simulations Plus, Inc.) | |
|---|---|---|
| 1-year return | +3.4% | +28.3% |
| 5-year return | -67.0% | -58.0% |
| Volatility (ann.) | 49.0% | 55.9% |
| Beta vs S&P 500 | 1.00 | 1.34 |
| Max drawdown (3Y) | -44.3% | -77.7% |
| Market cap | $0.7B | $0.4B |
| P/E (trailing) | – | 46.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CGNT | SLP |
|---|---|---|
| 2022 | -80.2% | -22.3% |
| 2023 | +106.8% | +23.1% |
| 2024 | +34.5% | -37.4% |
| 2025 | +8.7% | -34.6% |
| 2026 | -4.0% | +1.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CGNT and SLP good diversifiers for each other?
Reasonably. At 0.42, CGNT and SLP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CGNT and SLP?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.45 over the last year and 0.32 over 5 years.
Is SLP a good diversifier for CGNT?
Reasonably. At 0.42, CGNT and SLP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 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/cgnt-vs-slp.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cgnt-vs-slp/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CGNT correlations · SLP correlations
