CMCT vs QUBT: Correlation
How closely do Creative Media (CMCT) and Quantum Computing Inc. (QUBT) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CMCT and QUBT?
Over the past 3 years, CMCT and QUBT moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.09) runs above the 3-year figure (-0.22). Over 5 years the correlation is -0.19, and the annualized covariance of weekly returns is -10653.1 %².
Among the 25 assets we track against CMCT, QUBT ranks #19 by 3-year correlation. The last year tells two different stories: QUBT led by 57.8 percentage points, -99.4% for CMCT against -41.6% for QUBT. Risk is not evenly split, since CMCT carries 1.9 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.
CMCT vs QUBT: side by side
| CMCT (Creative Media) | QUBT (Quantum Computing Inc.) | |
|---|---|---|
| 1-year return | -99.4% | -41.6% |
| 5-year return | -100.0% | +13.8% |
| Volatility (ann.) | 305.8% | 160.7% |
| Beta vs S&P 500 | 1.22 | 2.31 |
| Max drawdown (3Y) | -100.0% | -82.4% |
| Market cap | – | $2.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CMCT | QUBT |
|---|---|---|
| 2022 | -29.7% | -55.7% |
| 2023 | -18.2% | -39.5% |
| 2024 | -93.3% | +1712.7% |
| 2025 | -35.5% | -38.0% |
| 2026 | -98.9% | -15.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CMCT and QUBT good diversifiers for each other?
Yes. With a correlation of -0.22, CMCT and QUBT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CMCT and QUBT?
As of 2026-08-27, the correlation of weekly returns between CMCT and QUBT is -0.22 over 3 years, 0.09 over 1 year and -0.19 over 5 years.
Is QUBT a good diversifier for CMCT?
Yes. With a correlation of -0.22, CMCT and QUBT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
A reading of -0.22 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/cmct-vs-qubt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cmct-vs-qubt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CMCT correlations · QUBT correlations
