CELC vs LYB: Correlation
How closely do Celcuity Inc. (CELC) and LyondellBasell (LYB) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CELC and LYB?
On 3 years of weekly data the CELC/LYB correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.07) runs above the 3-year figure (-0.18). The 5-year figure is -0.14, and annualized covariance runs at -754.3 %².
Among the 38 assets we track against CELC, LYB ranks #15 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CELC outperformed by 67.5 percentage points (+86.6% for CELC against +19.1% for LYB). One caveat on sizing: CELC is 3.7 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 LYB: side by side
| CELC (Celcuity Inc.) | LYB (LyondellBasell) | |
|---|---|---|
| 1-year return | +86.6% | +19.1% |
| 5-year return | +324.8% | -12.8% |
| Volatility (ann.) | 124.5% | 33.7% |
| Beta vs S&P 500 | 0.76 | 0.42 |
| Max drawdown (3Y) | -62.0% | -55.4% |
| Market cap | $4.6B | $20.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 6.58% |
| Sector / category | US Listed | Materials |
Year-by-year returns
| Year | CELC | LYB |
|---|---|---|
| 2022 | +6.2% | -1.0% |
| 2023 | +4.0% | +20.7% |
| 2024 | -10.2% | -17.4% |
| 2025 | +662.0% | -36.0% |
| 2026 | -6.5% | +50.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CELC and LYB good diversifiers for each other?
Yes. With a correlation of -0.18, CELC and LYB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CELC and LYB?
The CELC/LYB correlation stands at -0.18 on a 3-year window (1 year: 0.07, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is LYB a good diversifier for CELC?
Yes. With a correlation of -0.18, CELC and LYB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.18 mean?
A reading of -0.18 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/celc-vs-lyb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/celc-vs-lyb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CELC correlations · LYB correlations
