CHPT vs CTSO: Correlation
ChargePoint Holdings, Inc. (CHPT) and Cytosorbents Corporation (CTSO) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHPT and CTSO?
On 3 years of weekly data the CHPT/CTSO correlation comes out at 0.34, moderate. Little has changed lately, as the 1-year reading of 0.37 lands near the 3-year figure. The 5-year figure is 0.26, and annualized covariance runs at 1990.1 %².
Out of 16 assets tracked against CHPT, CTSO lands near the bottom at #12. Over the last 12 months CHPT came out ahead by 14.3 percentage points (-49.1% against -63.4%).
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.
CHPT vs CTSO: side by side
| CHPT (ChargePoint Holdings, Inc.) | CTSO (Cytosorbents Corporation) | |
|---|---|---|
| 1-year return | -49.1% | -63.4% |
| 5-year return | -98.6% | -96.4% |
| Volatility (ann.) | 76.7% | 75.9% |
| Beta vs S&P 500 | 2.40 | 0.98 |
| Max drawdown (3Y) | -97.0% | -87.9% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CHPT | CTSO |
|---|---|---|
| 2022 | -50.0% | -63.0% |
| 2023 | -75.4% | -28.4% |
| 2024 | -54.3% | -18.0% |
| 2025 | -69.0% | -29.8% |
| 2026 | -12.2% | -46.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHPT and CTSO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CHPT and CTSO?
The CHPT/CTSO correlation stands at 0.34 on a 3-year window (1 year: 0.37, 5 years: 0.26), computed from weekly returns as of 2026-08-27.
Is CTSO a good diversifier for CHPT?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 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/chpt-vs-ctso.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/chpt-vs-ctso/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CHPT correlations · CTSO correlations
