CCEL vs MSLE: Correlation
How closely do Cryo-Cell International, Inc. (CCEL) and Satellos Bioscience Inc. (MSLE) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCEL and MSLE?
Across a 3-year window, the weekly returns of CCEL and MSLE correlate at -0.23, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.19 lands near the 3-year figure. Stretching to 5 years gives -0.01, with an annualized covariance of -1000.3 %².
Among the 11 assets we track against CCEL, MSLE sits near the bottom by co-movement, at rank #11. Their recent paths diverged sharply: over the last 12 months MSLE outperformed by 85.6 percentage points (-3.6% for CCEL against +82.0% for MSLE).
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.
CCEL vs MSLE: side by side
| CCEL (Cryo-Cell International, Inc.) | MSLE (Satellos Bioscience Inc.) | |
|---|---|---|
| 1-year return | -3.6% | +82.0% |
| 5-year return | -53.4% | -36.4% |
| Volatility (ann.) | 55.4% | 80.3% |
| Beta vs S&P 500 | 0.21 | 0.86 |
| Max drawdown (3Y) | -66.3% | -57.0% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCEL | MSLE |
|---|---|---|
| 2022 | -58.5% | -78.8% |
| 2023 | +35.9% | +89.0% |
| 2024 | +32.7% | +81.5% |
| 2025 | -50.6% | -16.9% |
| 2026 | +23.0% | +63.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCEL and MSLE 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 CCEL and MSLE?
As of 2026-08-27, the correlation of weekly returns between CCEL and MSLE is -0.23 over 3 years, -0.19 over 1 year and -0.01 over 5 years.
Is MSLE a good diversifier for CCEL?
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?
On the −1 to +1 scale, -0.23 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.
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Related comparisons
Hubs: CCEL correlations · MSLE correlations
