CNCK vs RZLT: Correlation
Measured on weekly returns over the past three years, Coincheck Group N.V. (CNCK) and Rezolute, Inc. (RZLT) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNCK and RZLT?
On 3 years of weekly data the CNCK/RZLT correlation comes out at 0.33, moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. The 5-year figure is 0.26, and annualized covariance runs at 3072.3 %².
Within CNCK's tracked universe of 14 assets, RZLT comes in at #6 by 3-year correlation. The last year tells two different stories: RZLT led by 28.9 percentage points, -59.7% for CNCK against -30.8% for RZLT.
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.
CNCK vs RZLT: side by side
| CNCK (Coincheck Group N.V.) | RZLT (Rezolute, Inc.) | |
|---|---|---|
| 1-year return | -59.7% | -30.8% |
| 5-year return | -78.6% | -47.6% |
| Volatility (ann.) | 91.0% | 103.6% |
| Beta vs S&P 500 | 0.99 | 0.65 |
| Max drawdown (3Y) | -89.9% | -87.2% |
| Market cap | $0.4B | $0.5B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CNCK | RZLT |
|---|---|---|
| 2022 | +1.8% | -56.7% |
| 2023 | +2.9% | -52.0% |
| 2024 | -13.0% | +393.5% |
| 2025 | -71.7% | -51.8% |
| 2026 | -17.5% | +111.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNCK and RZLT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CNCK and RZLT?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.39 over the last year and 0.26 over 5 years.
Is RZLT a good diversifier for CNCK?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 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.
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Related comparisons
Hubs: CNCK correlations · RZLT correlations
