AVXL vs CTXR: Correlation
Anavex Life Sciences Corp. (AVXL) and Citius Pharmaceuticals, Inc. (CTXR) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AVXL and CTXR?
Across a 3-year window, the weekly returns of AVXL and CTXR correlate at 0.41, moderate. The relationship has been stable: the 1-year correlation (0.42) sits close to the 3-year figure. Stretching to 5 years gives 0.36, with an annualized covariance of 3468.2 %².
Among the 11 assets we track against AVXL, CTXR ranks #6 by 3-year correlation. Over the last 12 months CTXR came out ahead by 12.8 percentage points (-66.9% against -54.1%).
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.
AVXL vs CTXR: side by side
| AVXL (Anavex Life Sciences Corp.) | CTXR (Citius Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | -66.9% | -54.1% |
| 5-year return | -83.1% | -98.9% |
| Volatility (ann.) | 84.1% | 101.2% |
| Beta vs S&P 500 | 2.04 | 2.04 |
| Max drawdown (3Y) | -82.6% | -98.1% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AVXL | CTXR |
|---|---|---|
| 2022 | -46.6% | -48.7% |
| 2023 | +0.5% | -4.2% |
| 2024 | +15.4% | -78.9% |
| 2025 | -66.9% | -80.6% |
| 2026 | -12.1% | -19.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AVXL and CTXR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AVXL and CTXR?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.42 over the last year and 0.36 over 5 years.
Is CTXR a good diversifier for AVXL?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/avxl-vs-ctxr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/avxl-vs-ctxr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AVXL correlations · CTXR correlations
