CISO vs SLGL: Correlation
CISO Global, Inc. (CISO) and Sol-Gel Technologies Ltd. (SLGL) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CISO and SLGL?
On 3 years of weekly data the CISO/SLGL correlation comes out at 0.39, moderate. The past 12 months show a weaker link (-0.01) than the 3-year average (0.39). The 5-year figure is 0.34, and annualized covariance runs at 6732.0 %².
Among the 10 assets we track against CISO, SLGL ranks #4 by 3-year correlation. The last year tells two different stories: SLGL led by 306.6 percentage points, -76.0% for CISO against +230.6% for SLGL.
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.
CISO vs SLGL: side by side
| CISO (CISO Global, Inc.) | SLGL (Sol-Gel Technologies Ltd.) | |
|---|---|---|
| 1-year return | -76.0% | +230.6% |
| 5-year return | -99.7% | -25.1% |
| Volatility (ann.) | 130.3% | 130.8% |
| Beta vs S&P 500 | 1.40 | 1.42 |
| Max drawdown (3Y) | -93.9% | -86.8% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CISO | SLGL |
|---|---|---|
| 2022 | – | -38.4% |
| 2023 | -96.0% | -75.8% |
| 2024 | +126.8% | -15.8% |
| 2025 | -86.2% | +353.1% |
| 2026 | -53.1% | +72.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CISO and SLGL good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CISO and SLGL?
As of 2026-08-27, the correlation of weekly returns between CISO and SLGL is 0.39 over 3 years, -0.01 over 1 year and 0.34 over 5 years.
Is SLGL a good diversifier for CISO?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
A reading of 0.39 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/ciso-vs-slgl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ciso-vs-slgl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CISO correlations · SLGL correlations
