CELZ vs MNST: Correlation
Creative Medical Technology Holdings, Inc. (CELZ) and Monster Beverage (MNST) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CELZ and MNST?
Over the past 3 years, CELZ and MNST moved with a correlation of 0.53, which is moderate. The past 12 months show a tighter link (0.71) than the 3-year average (0.53). Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 3932.7 %².
Few assets follow CELZ as closely as MNST, which ranks #2 of 12 tracked partners. Correlation aside, the last 12 months split them widely, with MNST ahead by 40.5 points (-64.8% versus -24.3%). Note the risk asymmetry: CELZ runs 1.6 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.
CELZ vs MNST: side by side
| CELZ (Creative Medical Technology Holdings, Inc.) | MNST (Monster Beverage) | |
|---|---|---|
| 1-year return | -64.8% | -24.3% |
| 5-year return | -99.2% | -4.5% |
| Volatility (ann.) | 107.6% | 68.6% |
| Beta vs S&P 500 | 1.42 | 0.80 |
| Max drawdown (3Y) | -89.9% | -54.5% |
| Market cap | – | $91.5B |
| P/E (trailing) | – | 43.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | CELZ | MNST |
|---|---|---|
| 2022 | -82.8% | +5.7% |
| 2023 | +21.0% | +13.5% |
| 2024 | -49.9% | -8.8% |
| 2025 | -15.2% | +45.9% |
| 2026 | -41.8% | -39.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CELZ and MNST good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CELZ and MNST?
The CELZ/MNST correlation stands at 0.53 on a 3-year window (1 year: 0.71, 5 years: 0.37), computed from weekly returns as of 2026-08-27.
Is MNST a good diversifier for CELZ?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 mean?
On the −1 to +1 scale, 0.53 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/celz-vs-mnst.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/celz-vs-mnst/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CELZ correlations · MNST correlations
