CINF vs NVTS: Correlation
Cincinnati Financial (CINF) and Navitas Semiconductor Corporation (NVTS) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CINF and NVTS?
Over the past 3 years, CINF and NVTS moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.21) sits close to the 3-year figure. Over 5 years the correlation is -0.03, and the annualized covariance of weekly returns is -486.5 %².
Among the 49 assets we track against CINF, NVTS ranks #41 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months NVTS outperformed by 91.6 percentage points (+14.5% for CINF against +106.1% for NVTS). Risk is not evenly split, since NVTS carries 5.7 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.
CINF vs NVTS: side by side
| CINF (Cincinnati Financial) | NVTS (Navitas Semiconductor Corporation) | |
|---|---|---|
| 1-year return | +14.5% | +106.1% |
| 5-year return | +58.8% | -2.3% |
| Volatility (ann.) | 21.6% | 122.7% |
| Beta vs S&P 500 | 0.36 | 2.11 |
| Max drawdown (3Y) | -20.0% | -81.8% |
| Market cap | $26.5B | $3.3B |
| P/E (trailing) | 8.1 | – |
| Dividend yield | 2.10% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | CINF | NVTS |
|---|---|---|
| 2022 | -7.9% | -79.4% |
| 2023 | +4.0% | +129.9% |
| 2024 | +42.5% | -55.8% |
| 2025 | +16.3% | +100.0% |
| 2026 | +6.8% | +75.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CINF and NVTS good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between CINF and NVTS?
Using weekly returns as of 2026-08-27: -0.18 over 3 years, with -0.21 over the last year and -0.03 over 5 years.
Is NVTS a good diversifier for CINF?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 mean?
A reading of -0.18 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cinf-vs-nvts.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cinf-vs-nvts/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CINF correlations · NVTS correlations
