CNR vs ILAG: Correlation
Measured on weekly returns over the past three years, Core Natural Resources, Inc. (CNR) and Intelligent Living Application Group Inc. (ILAG) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNR and ILAG?
On 3 years of weekly data the CNR/ILAG correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.33 lands near the 3-year figure. The 5-year figure is -0.08, and annualized covariance runs at -1131.4 %².
ILAG is close to the least connected end of CNR's tracked universe, ranking #13 of 13. Their recent paths diverged sharply: over the last 12 months CNR outperformed by 82.0 percentage points (+40.3% for CNR against -41.7% for ILAG). One caveat on sizing: ILAG is 2.5 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.
CNR vs ILAG: side by side
| CNR (Core Natural Resources, Inc.) | ILAG (Intelligent Living Application Group Inc.) | |
|---|---|---|
| 1-year return | +40.3% | -41.7% |
| 5-year return | +395.6% | -94.7% |
| Volatility (ann.) | 43.9% | 109.3% |
| Beta vs S&P 500 | 0.53 | 0.45 |
| Max drawdown (3Y) | -52.1% | -83.0% |
| Market cap | $5.0B | – |
| P/E (trailing) | 49.3 | – |
| Dividend yield | 0.41% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CNR | ILAG |
|---|---|---|
| 2022 | +195.5% | – |
| 2023 | +60.7% | -17.6% |
| 2024 | +6.6% | +27.0% |
| 2025 | -16.6% | -56.0% |
| 2026 | +15.1% | -19.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNR and ILAG good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between CNR and ILAG?
The CNR/ILAG correlation stands at -0.24 on a 3-year window (1 year: -0.33, 5 years: -0.08), computed from weekly returns as of 2026-08-27.
Is ILAG a good diversifier for CNR?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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
$ curl https://www.pairbook.io/api/v1/pairs/cnr-vs-ilag.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cnr-vs-ilag/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CNR correlations · ILAG correlations
