CELH vs EDIT: Correlation
Measured on weekly returns over the past three years, Celsius Holdings, Inc. (CELH) and Editas Medicine, Inc. (EDIT) carry a correlation of 0.40, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CELH and EDIT?
Over the past 3 years, CELH and EDIT moved with a correlation of 0.40, which is moderate. The link has tightened recently: the 1-year correlation (0.58) runs above the 3-year figure (0.40). Over 5 years the correlation is 0.38, and the annualized covariance of weekly returns is 2324.9 %².
In CELH's tracked universe of 12 assets, EDIT sits right near the top at #2. The last year tells two different stories: EDIT led by 68.4 percentage points, -44.8% for CELH against +23.6% for EDIT.
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.
CELH vs EDIT: side by side
| CELH (Celsius Holdings, Inc.) | EDIT (Editas Medicine, Inc.) | |
|---|---|---|
| 1-year return | -44.8% | +23.6% |
| 5-year return | +24.3% | -94.7% |
| Volatility (ann.) | 66.5% | 86.8% |
| Beta vs S&P 500 | 1.11 | 2.56 |
| Max drawdown (3Y) | -77.9% | -91.2% |
| Market cap | $8.3B | $0.5B |
| P/E (trailing) | 143.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CELH | EDIT |
|---|---|---|
| 2022 | +39.5% | -66.6% |
| 2023 | +57.2% | +14.2% |
| 2024 | -51.7% | -87.5% |
| 2025 | +73.7% | +61.4% |
| 2026 | -27.9% | +61.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CELH and EDIT good diversifiers for each other?
Reasonably. At 0.40, CELH and EDIT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CELH and EDIT?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.58 over the last year and 0.38 over 5 years.
Is EDIT a good diversifier for CELH?
Reasonably. At 0.40, CELH and EDIT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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/celh-vs-edit.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/celh-vs-edit/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CELH correlations · EDIT correlations
