CELU vs RDIB: Correlation
Measured on weekly returns over the past three years, Celularity Inc. (CELU) and Reading International Inc - Class B Voting (RDIB) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CELU and RDIB?
Over the past 3 years, CELU and RDIB moved with a correlation of 0.35, which is moderate. The link has tightened recently: the 1-year correlation (0.81) runs above the 3-year figure (0.35). Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 4826.8 %².
By 3-year correlation, RDIB places #8 of the 13 assets tracked against CELU. Correlation aside, the last 12 months split them widely, with RDIB ahead by 57.5 points (-44.7% versus +12.8%). Risk is not evenly split, since CELU carries 2.0 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.
CELU vs RDIB: side by side
| CELU (Celularity Inc.) | RDIB (Reading International Inc - Class B Voting) | |
|---|---|---|
| 1-year return | -44.7% | +12.8% |
| 5-year return | -97.5% | -35.9% |
| Volatility (ann.) | 165.1% | 83.4% |
| Beta vs S&P 500 | 3.11 | 0.58 |
| Max drawdown (3Y) | -91.4% | -72.8% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CELU | RDIB |
|---|---|---|
| 2022 | -74.8% | -14.5% |
| 2023 | -80.9% | -29.1% |
| 2024 | -15.8% | -39.6% |
| 2025 | -46.6% | +36.5% |
| 2026 | +89.2% | +32.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CELU and RDIB good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CELU and RDIB?
As of 2026-08-27, the correlation of weekly returns between CELU and RDIB is 0.35 over 3 years, 0.81 over 1 year and 0.30 over 5 years.
Is RDIB a good diversifier for CELU?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 mean?
On the −1 to +1 scale, 0.35 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-rdib.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/celu-vs-rdib/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CELU correlations · RDIB correlations
