CING vs GOVX: Correlation
How closely do Cingulate Inc. (CING) and GeoVax Labs, Inc. (GOVX) trade together? Their weekly returns over three years give a correlation of 0.65, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CING and GOVX?
Across a 3-year window, the weekly returns of CING and GOVX correlate at 0.65, strong. Lately the two have drifted apart, with the 1-year correlation at 0.04 versus 0.65 over 3 years. Stretching to 5 years gives 0.45, with an annualized covariance of 60344.4 %².
In CING's tracked universe of 14 assets, GOVX sits right near the top at #2. Correlation aside, the last 12 months split them widely, with CING ahead by 126.3 points (+30.1% versus -96.2%). Risk is not evenly split, since CING carries 1.8 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.
CING vs GOVX: side by side
| CING (Cingulate Inc.) | GOVX (GeoVax Labs, Inc.) | |
|---|---|---|
| 1-year return | +30.1% | -96.2% |
| 5-year return | -99.5% | -100.0% |
| Volatility (ann.) | 405.7% | 230.2% |
| Beta vs S&P 500 | 3.94 | 2.89 |
| Max drawdown (3Y) | -99.0% | -99.7% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CING | GOVX |
|---|---|---|
| 2022 | -63.8% | -82.6% |
| 2023 | -61.7% | -42.7% |
| 2024 | -94.6% | -54.4% |
| 2025 | -12.0% | -93.1% |
| 2026 | +25.3% | -83.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CING and GOVX good diversifiers for each other?
Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CING and GOVX?
The CING/GOVX correlation stands at 0.65 on a 3-year window (1 year: 0.04, 5 years: 0.45), computed from weekly returns as of 2026-08-27.
Is GOVX a good diversifier for CING?
Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.65 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cing-vs-govx.json
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Related comparisons
Hubs: CING correlations · GOVX correlations
