ALLR vs CPSS: Correlation
Measured on weekly returns over the past three years, Allarity Therapeutics, Inc. (ALLR) and Consumer Portfolio Services, Inc. (CPSS) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALLR and CPSS?
On 3 years of weekly data the ALLR/CPSS correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.28 over 1 year against -0.23 over 3. The 5-year figure is -0.05, and annualized covariance runs at -905.9 %².
Among the 10 assets we track against ALLR, CPSS sits near the bottom by co-movement, at rank #9. The last year tells two different stories: CPSS led by 28.1 percentage points, -13.2% for ALLR against +14.9% for CPSS. Risk is not evenly split, since ALLR carries 3.0 times the volatility of the other side.
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.
ALLR vs CPSS: side by side
| ALLR (Allarity Therapeutics, Inc.) | CPSS (Consumer Portfolio Services, Inc.) | |
|---|---|---|
| 1-year return | -13.2% | +14.9% |
| 5-year return | -100.0% | +65.6% |
| Volatility (ann.) | 107.8% | 35.9% |
| Beta vs S&P 500 | 1.25 | 0.28 |
| Max drawdown (3Y) | -99.9% | -41.5% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | 10.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ALLR | CPSS |
|---|---|---|
| 2022 | -97.2% | -25.3% |
| 2023 | -99.9% | +5.9% |
| 2024 | -99.6% | +15.9% |
| 2025 | -7.7% | -14.1% |
| 2026 | +27.8% | +0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALLR and CPSS good diversifiers for each other?
Yes. With a correlation of -0.23, ALLR and CPSS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ALLR and CPSS?
As of 2026-08-27, the correlation of weekly returns between ALLR and CPSS is -0.23 over 3 years, -0.28 over 1 year and -0.05 over 5 years.
Is CPSS a good diversifier for ALLR?
Yes. With a correlation of -0.23, ALLR and CPSS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/allr-vs-cpss.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/allr-vs-cpss/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ALLR correlations · CPSS correlations
