CGNX, NasdaqGS

Cognex Corporation (CGNX)

Price (as of October 29)

47.11USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

AATC

Autoscope Technologies Corporation

-0.01

CYBE

CyberOptics Corporation

-0.01

ESE

ESCO Technologies Inc.

-0.01

FCUV

Focus Universal Inc.

0.01

IIVI

II-VI Incorporated

0.02

FARO

FARO Technologies, Inc.

0.03

GRMN

Garmin Ltd.

0.03

COHR

Coherent Corp.

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Show more

Highest within Industry

Symbol Correlation

COHR

Coherent Corp.

0.44

GRMN

Garmin Ltd.

0.03

FARO

FARO Technologies, Inc.

0.03

IIVI

II-VI Incorporated

0.02

FCUV

Focus Universal Inc.

0.01

ESE

ESCO Technologies Inc.

-0.01

CYBE

CyberOptics Corporation

-0.01

AATC

Autoscope Technologies Corporation

-0.01

Show more

Profile

Sector:
Technology
Industry:
Scientific & Technical Instruments

Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. The company offers VisionPro software, a suite of patented vision tools for advanced programming; QuickBuild that allows customers to build vision applications with a graphical, flowchart-based programming interface; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; vision sensors for vision applications, such as checking the presence and size of parts; and the In-Sight product line of vision systems and sensors. In addition, the company offers DataMan, an image-based barcode readers and barcode verifiers. It sells its products to consumer electronics, automotive, consumer products, food and beverage, pharmaceuticals, and medical devices industries, as well as through a network of distributors and integrators. Cognex Corporation was incorporated in 1981 and is headquartered in Natick, Massachusetts.