CGTX vs TLS: Correlation
Cognition Therapeutics, Inc. (CGTX) and Telos Corporation (TLS) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CGTX and TLS?
Across a 3-year window, the weekly returns of CGTX and TLS correlate at 0.50, moderate. The link has loosened recently: the 1-year correlation (0.18) runs below the 3-year figure (0.50). Stretching to 5 years gives 0.40, with an annualized covariance of 7456.4 %².
TLS is one of the assets that tracks CGTX most closely: it ranks #1 out of the 11 assets we track against CGTX. Correlation aside, the last 12 months split them widely, with TLS ahead by 48.1 points (-65.4% versus -17.3%).
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 TLS: side by side
| CGTX (Cognition Therapeutics, Inc.) | TLS (Telos Corporation) | |
|---|---|---|
| 1-year return | -65.4% | -17.3% |
| 5-year return | -91.7% | -85.1% |
| Volatility (ann.) | 134.0% | 110.3% |
| Beta vs S&P 500 | 2.37 | 2.54 |
| Max drawdown (3Y) | -90.9% | -58.3% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CGTX | TLS |
|---|---|---|
| 2022 | -66.8% | -67.0% |
| 2023 | -11.9% | -28.3% |
| 2024 | -62.1% | -6.3% |
| 2025 | +92.6% | +49.1% |
| 2026 | -21.5% | -5.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CGTX and TLS good diversifiers for each other?
Only partially. A correlation of 0.50 means CGTX and TLS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CGTX and TLS?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.18 over the last year and 0.40 over 5 years.
Is TLS a good diversifier for CGTX?
Only partially. A correlation of 0.50 means CGTX and TLS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 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-tls.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cgtx-vs-tls/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CGTX correlations · TLS correlations
