CELC vs KFRC: Correlation
Measured on weekly returns over the past three years, Celcuity Inc. (CELC) and Kforce, Inc. (KFRC) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CELC and KFRC?
On 3 years of weekly data the CELC/KFRC correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.02 versus -0.26 over 3 years. The 5-year figure is -0.21, and annualized covariance runs at -1367.0 %².
Among the 38 assets we track against CELC, KFRC ranks #26 by 3-year correlation. Twelve-month performance is nearly a tie, at +86.6% for CELC and +86.1% for KFRC. One caveat on sizing: CELC is 2.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CELC vs KFRC: side by side
| CELC (Celcuity Inc.) | KFRC (Kforce, Inc.) | |
|---|---|---|
| 1-year return | +86.6% | +86.1% |
| 5-year return | +324.8% | +15.1% |
| Volatility (ann.) | 124.5% | 42.4% |
| Beta vs S&P 500 | 0.76 | 0.68 |
| Max drawdown (3Y) | -62.0% | -64.7% |
| Market cap | $4.6B | $1.0B |
| P/E (trailing) | – | 26.9 |
| Dividend yield | 0.00% | 2.77% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CELC | KFRC |
|---|---|---|
| 2022 | +6.2% | -25.7% |
| 2023 | +4.0% | +26.1% |
| 2024 | -10.2% | -14.0% |
| 2025 | +662.0% | -43.1% |
| 2026 | -6.5% | +91.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CELC and KFRC good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between CELC and KFRC?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with 0.02 over the last year and -0.21 over 5 years.
Is KFRC a good diversifier for CELC?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
On the −1 to +1 scale, -0.26 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/celc-vs-kfrc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/celc-vs-kfrc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CELC correlations · KFRC correlations
