CELZ vs NVCT: Correlation
Creative Medical Technology Holdings, Inc. (CELZ) and Nuvectis Pharma, Inc. (NVCT) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CELZ and NVCT?
On 3 years of weekly data the CELZ/NVCT correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.35 over 1 year against -0.27 over 3. The 5-year figure is -0.15, and annualized covariance runs at -3081.1 %².
Among the 12 assets we track against CELZ, NVCT sits near the bottom by co-movement, at rank #12. The last year tells two different stories: NVCT led by 343.6 percentage points, -64.8% for CELZ against +278.8% for NVCT.
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 NVCT: side by side
| CELZ (Creative Medical Technology Holdings, Inc.) | NVCT (Nuvectis Pharma, Inc.) | |
|---|---|---|
| 1-year return | -64.8% | +278.8% |
| 5-year return | -99.2% | +675.1% |
| Volatility (ann.) | 107.6% | 105.8% |
| Beta vs S&P 500 | 1.42 | 0.97 |
| Max drawdown (3Y) | -89.9% | -69.5% |
| Market cap | – | $0.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CELZ | NVCT |
|---|---|---|
| 2022 | -82.8% | – |
| 2023 | +21.0% | +11.2% |
| 2024 | -49.9% | -35.1% |
| 2025 | -15.2% | +39.6% |
| 2026 | -41.8% | +233.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CELZ and NVCT good diversifiers for each other?
Yes. With a correlation of -0.27, CELZ and NVCT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CELZ and NVCT?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.35 over the last year and -0.15 over 5 years.
Is NVCT a good diversifier for CELZ?
Yes. With a correlation of -0.27, CELZ and NVCT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: CELZ correlations · NVCT correlations
