CTSH vs MO: Correlation
Measured on weekly returns over the past three years, Cognizant (CTSH) and Altria (MO) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTSH and MO?
Over the past 3 years, CTSH and MO moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.47) than the 3-year average (-0.20). Over 5 years the correlation is -0.02, and the annualized covariance of weekly returns is -142.6 %².
By 3-year correlation, MO places #38 of the 44 assets tracked against CTSH. The last year tells two different stories: MO led by 18.6 percentage points, -9.8% for CTSH against +8.8% for MO. The relationship is regime-dependent: the rolling one-year correlation swung between -0.47 and 0.40 over the past three years, so this pair behaves very differently depending on the market environment.
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.
CTSH vs MO: side by side
| CTSH (Cognizant) | MO (Altria) | |
|---|---|---|
| 1-year return | -9.8% | +8.8% |
| 5-year return | -9.6% | +100.4% |
| Volatility (ann.) | 32.3% | 21.8% |
| Beta vs S&P 500 | 0.89 | -0.07 |
| Max drawdown (3Y) | -56.1% | -16.4% |
| Market cap | $28.7B | $113.0B |
| P/E (trailing) | 13.3 | 14.6 |
| Dividend yield | 2.09% | 6.13% |
| Sector / category | Information Technology | Consumer Staples |
Year-by-year returns
| Year | CTSH | MO |
|---|---|---|
| 2022 | -34.5% | +4.4% |
| 2023 | +34.4% | -3.7% |
| 2024 | +3.5% | +40.8% |
| 2025 | +9.7% | +18.2% |
| 2026 | -21.8% | +21.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTSH and MO good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CTSH and MO?
As of 2026-08-27, the correlation of weekly returns between CTSH and MO is -0.20 over 3 years, -0.47 over 1 year and -0.02 over 5 years.
Is MO a good diversifier for CTSH?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/ctsh-vs-mo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ctsh-vs-mo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CTSH correlations · MO correlations
