CGNX vs VIVK: Correlation
Cognex Corporation (CGNX) and Vivakor, Inc. (VIVK) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CGNX and VIVK?
On 3 years of weekly data the CGNX/VIVK correlation comes out at 0.38, moderate. The past 12 months show a tighter link (0.58) than the 3-year average (0.38). The 5-year figure is 0.31, and annualized covariance runs at 2550.1 %².
Among the 16 assets we track against CGNX, VIVK ranks #11 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CGNX ahead by 143.2 points (+43.2% versus -100.0%). One caveat on sizing: VIVK is 3.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CGNX vs VIVK: side by side
| CGNX (Cognex Corporation) | VIVK (Vivakor, Inc.) | |
|---|---|---|
| 1-year return | +43.2% | -100.0% |
| 5-year return | -27.4% | -100.0% |
| Volatility (ann.) | 45.5% | 148.8% |
| Beta vs S&P 500 | 1.27 | 1.02 |
| Max drawdown (3Y) | -55.7% | -100.0% |
| Market cap | $10.6B | – |
| P/E (trailing) | 59.4 | – |
| Dividend yield | 0.54% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CGNX | VIVK |
|---|---|---|
| 2022 | -39.1% | -86.8% |
| 2023 | -10.8% | +1.8% |
| 2024 | -13.4% | +16.6% |
| 2025 | +1.2% | -99.2% |
| 2026 | +75.8% | -97.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CGNX and VIVK good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CGNX and VIVK?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.58 over the last year and 0.31 over 5 years.
Is VIVK a good diversifier for CGNX?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
A reading of 0.38 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/cgnx-vs-vivk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cgnx-vs-vivk/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CGNX correlations · VIVK correlations
