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CMCT vs RKTO: Correlation

Measured on weekly returns over the past three years, Creative Media (CMCT) and Rocket One Inc. (RKTO) carry a correlation of 0.58, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.58
moderate
Correlation (1Y)
0.07
last 12 months
Correlation (5Y)
0.46
long-run
Ann. covariance
24052.4
%² · weekly, annualized

How correlated are CMCT and RKTO?

On 3 years of weekly data the CMCT/RKTO correlation comes out at 0.58, moderate. The link has loosened recently: the 1-year correlation (0.07) runs below the 3-year figure (0.58). The 5-year figure is 0.46, and annualized covariance runs at 24052.4 %².

Among the 25 assets we track against CMCT, RKTO ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RKTO ahead by 59.1 points (-99.4% versus -40.3%). One caveat on sizing: CMCT is 2.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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 RKTO: side by side

CMCT (Creative Media)RKTO (Rocket One Inc.)
1-year return-99.4%-40.3%
5-year return-100.0%-97.7%
Volatility (ann.)305.8%135.8%
Beta vs S&P 5001.220.30
Max drawdown (3Y)-100.0%-81.1%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: RKTO -81.1% vs -100.0%Higher 5y return: RKTO -97.7% vs -100.0%
-100%0%+35%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. CMCT · RKTO

Year-by-year returns

YearCMCTRKTO
2022-29.7%-52.7%
2023-18.2%-81.5%
2024-93.3%-48.1%
2025-35.5%+32.4%
2026-98.9%-27.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CMCT and RKTO good diversifiers for each other?

To a limited degree. At 0.58 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 RKTO?

Using weekly returns as of 2026-08-27: 0.58 over 3 years, with 0.07 over the last year and 0.46 over 5 years.

Is RKTO a good diversifier for CMCT?

To a limited degree. At 0.58 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 0.58 mean?

On the −1 to +1 scale, 0.58 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

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CMCT vs RKTO: 3-year weekly correlation 0.58CMCT vs RKTO0.58

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Related comparisons

Hubs: CMCT correlations · RKTO correlations