CKX vs SOLV: Correlation
CKX Lands, Inc. (CKX) and Solventum (SOLV) 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 CKX and SOLV?
Across a 3-year window, the weekly returns of CKX and SOLV correlate at -0.18, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.32 versus -0.18 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -152.9 %².
SOLV is close to the least connected end of CKX's tracked universe, ranking #10 of 14. The last year tells two different stories: SOLV led by 29.8 percentage points, -5.1% for CKX against +24.7% for SOLV.
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.
CKX vs SOLV: side by side
| CKX (CKX Lands, Inc.) | SOLV (Solventum) | |
|---|---|---|
| 1-year return | -5.1% | +24.7% |
| 5-year return | -7.1% | n/a |
| Volatility (ann.) | 25.7% | 30.4% |
| Beta vs S&P 500 | 0.01 | 0.62 |
| Max drawdown (3Y) | -37.0% | -40.0% |
| Market cap | – | $15.5B |
| P/E (trailing) | 7.5 | 11.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | CKX | SOLV |
|---|---|---|
| 2022 | -11.2% | – |
| 2023 | +30.3% | – |
| 2024 | -2.8% | – |
| 2025 | -27.4% | +20.0% |
| 2026 | +16.4% | +14.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CKX and SOLV 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 CKX and SOLV?
As of 2026-08-27, the correlation of weekly returns between CKX and SOLV is -0.18 over 3 years, -0.32 over 1 year and n/a over 5 years.
Is SOLV a good diversifier for CKX?
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?
On the −1 to +1 scale, -0.18 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/ckx-vs-solv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ckx-vs-solv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CKX correlations · SOLV correlations
