CLST vs INDV: Correlation
Catalyst Bancorp, Inc. (CLST) and Indivior Pharmaceuticals, Inc. (INDV) show a weak relationship: their 3-year correlation of weekly returns is 0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLST and INDV?
On 3 years of weekly data the CLST/INDV correlation comes out at 0.29, weak. The past 12 months show a tighter link (0.39) than the 3-year average (0.29). The 5-year figure is 0.12, and annualized covariance runs at 210.1 %².
By 3-year correlation, INDV places #4 of the 12 assets tracked against CLST. The trailing year gives INDV the advantage: +35.9% versus +44.9%, a 9.0-point spread. Note the risk asymmetry: INDV runs 4.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
CLST vs INDV: side by side
| CLST (Catalyst Bancorp, Inc.) | INDV (Indivior Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +35.9% | +44.9% |
| 5-year return | +28.2% | +166.9% |
| Volatility (ann.) | 13.2% | 55.2% |
| Beta vs S&P 500 | 0.08 | 0.47 |
| Max drawdown (3Y) | -12.7% | -67.7% |
| Market cap | $0.1B | $4.2B |
| P/E (trailing) | 31.1 | 12.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CLST | INDV |
|---|---|---|
| 2022 | -7.1% | +26.1% |
| 2023 | -14.6% | -29.8% |
| 2024 | +8.6% | -18.6% |
| 2025 | +33.8% | +188.7% |
| 2026 | +10.4% | -1.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLST and INDV good diversifiers for each other?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CLST and INDV?
The CLST/INDV correlation stands at 0.29 on a 3-year window (1 year: 0.39, 5 years: 0.12), computed from weekly returns as of 2026-08-27.
Is INDV a good diversifier for CLST?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.29 mean?
A reading of 0.29 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/clst-vs-indv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/clst-vs-indv/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CLST correlations · INDV correlations
