CELC vs MDLZ: Correlation
How closely do Celcuity Inc. (CELC) and Mondelez International (MDLZ) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CELC and MDLZ?
On 3 years of weekly data the CELC/MDLZ correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.14 lands near the 3-year figure. The 5-year figure is -0.18, and annualized covariance runs at -603.4 %².
By 3-year correlation, MDLZ places #24 of the 38 assets tracked against CELC. The last year tells two different stories: CELC led by 82.0 percentage points, +86.6% for CELC against +4.6% for MDLZ. Risk is not evenly split, since CELC carries 6.1 times the volatility of the other side.
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 MDLZ: side by side
| CELC (Celcuity Inc.) | MDLZ (Mondelez International) | |
|---|---|---|
| 1-year return | +86.6% | +4.6% |
| 5-year return | +324.8% | +14.7% |
| Volatility (ann.) | 124.5% | 20.5% |
| Beta vs S&P 500 | 0.76 | 0.03 |
| Max drawdown (3Y) | -62.0% | -29.0% |
| Market cap | $4.6B | $79.7B |
| P/E (trailing) | – | 22.9 |
| Dividend yield | 0.00% | 3.17% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | CELC | MDLZ |
|---|---|---|
| 2022 | +6.2% | +2.9% |
| 2023 | +4.0% | +11.2% |
| 2024 | -10.2% | -15.3% |
| 2025 | +662.0% | -7.0% |
| 2026 | -6.5% | +18.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CELC and MDLZ good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between CELC and MDLZ?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.14 over the last year and -0.18 over 5 years.
Is MDLZ a good diversifier for CELC?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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-mdlz.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/celc-vs-mdlz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CELC correlations · MDLZ correlations
