ARIS vs CVRX: Correlation
Aris Mining Corporation (ARIS) and CVRx, Inc. (CVRX) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARIS and CVRX?
Over the past 3 years, ARIS and CVRX moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.25 lands near the 3-year figure. Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -1318.0 %².
Out of 11 assets tracked against ARIS, CVRX lands near the bottom at #10. Correlation aside, the last 12 months split them widely, with ARIS ahead by 221.0 points (+161.2% versus -59.8%). Note the risk asymmetry: CVRX runs 1.8 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.
ARIS vs CVRX: side by side
| ARIS (Aris Mining Corporation) | CVRX (CVRx, Inc.) | |
|---|---|---|
| 1-year return | +161.2% | -59.8% |
| 5-year return | +482.3% | -84.4% |
| Volatility (ann.) | 56.8% | 101.8% |
| Beta vs S&P 500 | 0.93 | 0.65 |
| Max drawdown (3Y) | -41.1% | -92.8% |
| Market cap | $4.4B | $0.1B |
| P/E (trailing) | 14.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARIS | CVRX |
|---|---|---|
| 2022 | -39.6% | +50.0% |
| 2023 | +31.9% | +71.3% |
| 2024 | +6.5% | -59.7% |
| 2025 | +363.7% | -44.0% |
| 2026 | +31.0% | -57.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARIS and CVRX good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between ARIS and CVRX?
As of 2026-08-27, the correlation of weekly returns between ARIS and CVRX is -0.23 over 3 years, -0.25 over 1 year and -0.13 over 5 years.
Is CVRX a good diversifier for ARIS?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
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/aris-vs-cvrx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aris-vs-cvrx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ARIS correlations · CVRX correlations
