CELC vs MUSA: Correlation
Celcuity Inc. (CELC) and Murphy USA Inc. (MUSA) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CELC and MUSA?
Over the past 3 years, CELC and MUSA moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.17 over 1 year against -0.26 over 3. Over 5 years the correlation is -0.21, and the annualized covariance of weekly returns is -1075.2 %².
By 3-year correlation, MUSA places #27 of the 38 assets tracked against CELC. Correlation aside, the last 12 months split them widely, with CELC ahead by 51.3 points (+86.6% versus +35.3%). 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 MUSA: side by side
| CELC (Celcuity Inc.) | MUSA (Murphy USA Inc.) | |
|---|---|---|
| 1-year return | +86.6% | +35.3% |
| 5-year return | +324.8% | +234.8% |
| Volatility (ann.) | 124.5% | 33.7% |
| Beta vs S&P 500 | 0.76 | 0.06 |
| Max drawdown (3Y) | -62.0% | -35.5% |
| Market cap | $4.6B | $9.4B |
| P/E (trailing) | – | 16.3 |
| Dividend yield | 0.00% | 0.46% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CELC | MUSA |
|---|---|---|
| 2022 | +6.2% | +41.0% |
| 2023 | +4.0% | +28.2% |
| 2024 | -10.2% | +41.3% |
| 2025 | +662.0% | -19.1% |
| 2026 | -6.5% | +26.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CELC and MUSA good diversifiers for each other?
Yes. With a correlation of -0.26, CELC and MUSA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CELC and MUSA?
As of 2026-08-27, the correlation of weekly returns between CELC and MUSA is -0.26 over 3 years, -0.17 over 1 year and -0.21 over 5 years.
Is MUSA a good diversifier for CELC?
Yes. With a correlation of -0.26, CELC and MUSA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 mean?
A reading of -0.26 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-musa.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/celc-vs-musa/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CELC correlations · MUSA correlations
