PairBook
HomeCHSN › CHSN vs KXIN

CHSN vs KXIN: Correlation

Measured on weekly returns over the past three years, Chanson International Holding - Class A (CHSN) and Kaixin Holdings (KXIN) carry a correlation of 0.49, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.49
moderate
Correlation (1Y)
0.09
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
43240.5
%² · weekly, annualized

How correlated are CHSN and KXIN?

On 3 years of weekly data the CHSN/KXIN correlation comes out at 0.49, moderate. The past 12 months show a weaker link (0.09) than the 3-year average (0.49). The 5-year figure is n/a, and annualized covariance runs at 43240.5 %².

KXIN is one of the assets that tracks CHSN most closely: it ranks #1 out of the 18 assets we track against CHSN. Their 12-month results are close: -99.4% for CHSN against -99.5% for KXIN.

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.

CHSN vs KXIN: side by side

CHSN (Chanson International Holding - Class A)KXIN (Kaixin Holdings)
1-year return-99.4%-99.5%
5-year returnn/a-100.0%
Volatility (ann.)320.2%272.9%
Beta vs S&P 5000.542.71
Max drawdown (3Y)-100.0%-100.0%
Market cap
P/E (trailing)0.4
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
-100%0%+160%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). CHSN · KXIN

Year-by-year returns

YearCHSNKXIN
2022-74.3%
2023-80.0%
2024+318.9%-97.1%
2025-99.5%-88.6%
2026-99.5%-98.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CHSN and KXIN good diversifiers for each other?

A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between CHSN and KXIN?

The CHSN/KXIN correlation stands at 0.49 on a 3-year window (1 year: 0.09, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is KXIN a good diversifier for CHSN?

A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.49 mean?

On the −1 to +1 scale, 0.49 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/chsn-vs-kxin.json

CHSN vs KXIN: 3-year weekly correlation 0.49CHSN vs KXIN0.49

Embed this badge (it refreshes with the data), with attribution:

[![CHSN vs KXIN correlation](https://www.pairbook.io/api/v1/badge/chsn-vs-kxin.svg)](https://www.pairbook.io/pair/chsn-vs-kxin/)

The core API is free. Terms and every endpoint in the API documentation.

Related comparisons

Hubs: CHSN correlations · KXIN correlations