CATX vs QUBT: Correlation
Perspective Therapeutics, Inc. (CATX) and Quantum Computing Inc. (QUBT) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CATX and QUBT?
Over the past 3 years, CATX and QUBT moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.08) runs above the 3-year figure (-0.21). Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -3615.1 %².
QUBT is close to the least connected end of CATX's tracked universe, ranking #10 of 14. The last year tells two different stories: CATX led by 29.7 percentage points, -11.9% for CATX against -41.6% for QUBT. Note the risk asymmetry: QUBT runs 1.5 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.
CATX vs QUBT: side by side
| CATX (Perspective Therapeutics, Inc.) | QUBT (Quantum Computing Inc.) | |
|---|---|---|
| 1-year return | -11.9% | -41.6% |
| 5-year return | -49.5% | +13.8% |
| Volatility (ann.) | 105.9% | 160.7% |
| Beta vs S&P 500 | 1.10 | 2.31 |
| Max drawdown (3Y) | -90.7% | -82.4% |
| Market cap | $0.4B | $2.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CATX | QUBT |
|---|---|---|
| 2022 | -35.9% | -55.7% |
| 2023 | +60.0% | -39.5% |
| 2024 | -20.2% | +1712.7% |
| 2025 | -13.8% | -38.0% |
| 2026 | +15.6% | -15.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CATX and QUBT good diversifiers for each other?
Yes. With a correlation of -0.21, CATX and QUBT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CATX and QUBT?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.08 over the last year and -0.12 over 5 years.
Is QUBT a good diversifier for CATX?
Yes. With a correlation of -0.21, CATX and QUBT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/catx-vs-qubt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/catx-vs-qubt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CATX correlations · QUBT correlations
