CELC vs UPS: Correlation
How closely do Celcuity Inc. (CELC) and United Parcel Service (UPS) trade together? Their weekly returns over three years give a correlation of -0.28, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CELC and UPS?
Across a 3-year window, the weekly returns of CELC and UPS correlate at -0.28, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.02) than the 3-year average (-0.28). Stretching to 5 years gives -0.21, with an annualized covariance of -1031.5 %².
By 3-year correlation, UPS places #30 of the 38 assets tracked against CELC. Correlation aside, the last 12 months split them widely, with CELC ahead by 58.4 points (+86.6% versus +28.2%). Note the risk asymmetry: CELC runs 4.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 UPS: side by side
| CELC (Celcuity Inc.) | UPS (United Parcel Service) | |
|---|---|---|
| 1-year return | +86.6% | +28.2% |
| 5-year return | +324.8% | -31.0% |
| Volatility (ann.) | 124.5% | 29.4% |
| Beta vs S&P 500 | 0.76 | 0.81 |
| Max drawdown (3Y) | -62.0% | -46.5% |
| Market cap | $4.6B | $89.9B |
| P/E (trailing) | – | 19.6 |
| Dividend yield | 0.00% | 6.21% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | CELC | UPS |
|---|---|---|
| 2022 | +6.2% | -16.2% |
| 2023 | +4.0% | -6.0% |
| 2024 | -10.2% | -15.9% |
| 2025 | +662.0% | -15.9% |
| 2026 | -6.5% | +11.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CELC and UPS good diversifiers for each other?
Yes. With a correlation of -0.28, CELC and UPS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CELC and UPS?
Using weekly returns as of 2026-08-27: -0.28 over 3 years, with 0.02 over the last year and -0.21 over 5 years.
Is UPS a good diversifier for CELC?
Yes. With a correlation of -0.28, CELC and UPS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.28 mean?
A reading of -0.28 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-ups.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/celc-vs-ups/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CELC correlations · UPS correlations
