CELU vs MQ: Correlation
Measured on weekly returns over the past three years, Celularity Inc. (CELU) and Marqeta, Inc. (MQ) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CELU and MQ?
Over the past 3 years, CELU and MQ moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.01 versus -0.24 over 3 years. Over 5 years the correlation is -0.10, and the annualized covariance of weekly returns is -1701.5 %².
MQ is close to the least connected end of CELU's tracked universe, ranking #11 of 13. Over the last 12 months MQ came out ahead by 9.3 percentage points (-44.7% against -35.4%). One caveat on sizing: CELU is 3.8 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.
CELU vs MQ: side by side
| CELU (Celularity Inc.) | MQ (Marqeta, Inc.) | |
|---|---|---|
| 1-year return | -44.7% | -35.4% |
| 5-year return | -97.5% | -85.0% |
| Volatility (ann.) | 165.1% | 43.5% |
| Beta vs S&P 500 | 3.11 | 0.49 |
| Max drawdown (3Y) | -91.4% | -53.3% |
| Market cap | $0.1B | $1.7B |
| P/E (trailing) | – | 180.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CELU | MQ |
|---|---|---|
| 2022 | -74.8% | -64.4% |
| 2023 | -80.9% | +14.2% |
| 2024 | -15.8% | -45.7% |
| 2025 | -46.6% | +25.3% |
| 2026 | +89.2% | -14.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CELU and MQ 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 CELU and MQ?
The CELU/MQ correlation stands at -0.24 on a 3-year window (1 year: 0.01, 5 years: -0.10), computed from weekly returns as of 2026-08-27.
Is MQ a good diversifier for CELU?
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/celu-vs-mq.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/celu-vs-mq/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CELU correlations · MQ correlations
