BOLD vs NVCT: Correlation
Boundless Bio, Inc. (BOLD) and Nuvectis Pharma, Inc. (NVCT) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BOLD and NVCT?
Over the past 3 years, BOLD and NVCT moved with a correlation of 0.44, which is moderate. The past 12 months show a tighter link (0.67) than the 3-year average (0.44). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 4416.2 %².
By 3-year correlation, NVCT places #6 of the 18 assets tracked against BOLD. The last year tells two different stories: NVCT led by 127.9 percentage points, +150.9% for BOLD against +278.8% for NVCT.
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.
BOLD vs NVCT: side by side
| BOLD (Boundless Bio, Inc.) | NVCT (Nuvectis Pharma, Inc.) | |
|---|---|---|
| 1-year return | +150.9% | +278.8% |
| 5-year return | n/a | +675.1% |
| Volatility (ann.) | 90.9% | 105.8% |
| Beta vs S&P 500 | 1.60 | 0.97 |
| Max drawdown (3Y) | -92.9% | -69.5% |
| Market cap | $0.1B | $0.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BOLD | NVCT |
|---|---|---|
| 2023 | – | +11.2% |
| 2024 | – | -35.1% |
| 2025 | -58.6% | +39.6% |
| 2026 | +138.3% | +233.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BOLD and NVCT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BOLD and NVCT?
The BOLD/NVCT correlation stands at 0.44 on a 3-year window (1 year: 0.67, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is NVCT a good diversifier for BOLD?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 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/bold-vs-nvct.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bold-vs-nvct/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BOLD correlations · NVCT correlations
