CMCT vs JXG: Correlation
How closely do Creative Media (CMCT) and JX Luxventure Group Inc. (JXG) trade together? Their weekly returns over three years give a correlation of 0.71, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CMCT and JXG?
Across a 3-year window, the weekly returns of CMCT and JXG correlate at 0.71, strong. The past 12 months show a weaker link (0.18) than the 3-year average (0.71). Stretching to 5 years gives 0.60, with an annualized covariance of 36361.3 %².
In CMCT's tracked universe of 25 assets, JXG sits right near the top at #3. Correlation aside, the last 12 months split them widely, with JXG ahead by 57.6 points (-99.4% versus -41.8%). Note the risk asymmetry: CMCT runs 1.8 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.
CMCT vs JXG: side by side
| CMCT (Creative Media) | JXG (JX Luxventure Group Inc.) | |
|---|---|---|
| 1-year return | -99.4% | -41.8% |
| 5-year return | -100.0% | -98.5% |
| Volatility (ann.) | 305.8% | 167.5% |
| Beta vs S&P 500 | 1.22 | -0.19 |
| Max drawdown (3Y) | -100.0% | -94.0% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CMCT | JXG |
|---|---|---|
| 2022 | -29.7% | -63.7% |
| 2023 | -18.2% | -83.8% |
| 2024 | -93.3% | -19.5% |
| 2025 | -35.5% | -62.6% |
| 2026 | -98.9% | +48.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CMCT and JXG good diversifiers for each other?
To a limited degree. At 0.71 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CMCT and JXG?
The CMCT/JXG correlation stands at 0.71 on a 3-year window (1 year: 0.18, 5 years: 0.60), computed from weekly returns as of 2026-08-27.
Is JXG a good diversifier for CMCT?
To a limited degree. At 0.71 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.71 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/cmct-vs-jxg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cmct-vs-jxg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CMCT correlations · JXG correlations
