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AKAM vs CNSP: Correlation

Akamai Technologies (AKAM) and CNS Pharmaceuticals, Inc. (CNSP) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.42
moderate
Correlation (1Y)
0.59
last 12 months
Correlation (5Y)
0.32
long-run
Ann. covariance
3706.2
%² · weekly, annualized

How correlated are AKAM and CNSP?

Over the past 3 years, AKAM and CNSP moved with a correlation of 0.42, which is moderate. The link has tightened recently: the 1-year correlation (0.59) runs above the 3-year figure (0.42). Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 3706.2 %².

Among the 30 assets we track against AKAM, CNSP ranks #7 by 3-year correlation. The last year tells two different stories: AKAM led by 54.4 percentage points, +42.1% for AKAM against -12.3% for CNSP. Note the risk asymmetry: CNSP runs 4.2 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.

AKAM vs CNSP: side by side

AKAM (Akamai Technologies)CNSP (CNS Pharmaceuticals, Inc.)
1-year return+42.1%-12.3%
5-year return-1.6%-100.0%
Volatility (ann.)45.7%191.6%
Beta vs S&P 5000.582.85
Max drawdown (3Y)-46.8%-100.0%
Market cap$16.0B
P/E (trailing)40.3
Dividend yield0.00%0.00%
Sector / categoryInformation TechnologyUS Listed
Smaller drawdown: AKAM -46.8% vs -100.0%Higher 5y return: AKAM -1.6% vs -100.0%
-65%0%+92%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. AKAM · CNSP

Year-by-year returns

YearAKAMCNSP
2022-28.0%-88.6%
2023+40.4%-47.1%
2024-19.2%-99.8%
2025-8.8%-92.7%
2026+27.5%+5.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AKAM and CNSP good diversifiers for each other?

Reasonably. At 0.42, AKAM and CNSP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between AKAM and CNSP?

The AKAM/CNSP correlation stands at 0.42 on a 3-year window (1 year: 0.59, 5 years: 0.32), computed from weekly returns as of 2026-08-27.

Is CNSP a good diversifier for AKAM?

Reasonably. At 0.42, AKAM and CNSP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.42 mean?

On the −1 to +1 scale, 0.42 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.

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AKAM vs CNSP: 3-year weekly correlation 0.42AKAM vs CNSP0.42

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Hubs: AKAM correlations · CNSP correlations