CGTX vs IMXI: Correlation
Cognition Therapeutics, Inc. (CGTX) and International Money Express, Inc. (IMXI) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CGTX and IMXI?
On 3 years of weekly data the CGTX/IMXI correlation comes out at 0.41, moderate. The link has loosened recently: the 1-year correlation (0.05) runs below the 3-year figure (0.41). The 5-year figure is 0.36, and annualized covariance runs at 2640.0 %².
Few assets follow CGTX as closely as IMXI, which ranks #3 of 11 tracked partners. The last year tells two different stories: IMXI led by 65.9 percentage points, -65.4% for CGTX against +0.5% for IMXI. Note the risk asymmetry: CGTX runs 2.8 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.
CGTX vs IMXI: side by side
| CGTX (Cognition Therapeutics, Inc.) | IMXI (International Money Express, Inc.) | |
|---|---|---|
| 1-year return | -65.4% | +0.5% |
| 5-year return | -91.7% | -19.7% |
| Volatility (ann.) | 134.0% | 47.9% |
| Beta vs S&P 500 | 2.37 | 0.78 |
| Max drawdown (3Y) | -90.9% | -61.8% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | – | 23.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CGTX | IMXI |
|---|---|---|
| 2022 | -66.8% | +52.7% |
| 2023 | -11.9% | -9.4% |
| 2024 | -62.1% | -5.7% |
| 2025 | +92.6% | -26.3% |
| 2026 | -21.5% | -5.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CGTX and IMXI good diversifiers for each other?
Reasonably. At 0.41, CGTX and IMXI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CGTX and IMXI?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.05 over the last year and 0.36 over 5 years.
Is IMXI a good diversifier for CGTX?
Reasonably. At 0.41, CGTX and IMXI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cgtx-vs-imxi.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cgtx-vs-imxi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CGTX correlations · IMXI correlations
