CNSP vs FLEX: Correlation
Measured on weekly returns over the past three years, CNS Pharmaceuticals, Inc. (CNSP) and Flex Ltd. (FLEX) carry a correlation of 0.54, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNSP and FLEX?
On 3 years of weekly data the CNSP/FLEX correlation comes out at 0.54, moderate. The link has tightened recently: the 1-year correlation (0.75) runs above the 3-year figure (0.54). The 5-year figure is 0.39, and annualized covariance runs at 5241.3 %².
In CNSP's tracked universe of 18 assets, FLEX sits right near the top at #1. The last year tells two different stories: FLEX led by 126.9 percentage points, -12.3% for CNSP against +114.6% for FLEX. Risk is not evenly split, since CNSP carries 3.8 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.
CNSP vs FLEX: side by side
| CNSP (CNS Pharmaceuticals, Inc.) | FLEX (Flex Ltd.) | |
|---|---|---|
| 1-year return | -12.3% | +114.6% |
| 5-year return | -100.0% | +716.5% |
| Volatility (ann.) | 191.6% | 50.9% |
| Beta vs S&P 500 | 2.85 | 1.70 |
| Max drawdown (3Y) | -100.0% | -40.0% |
| Market cap | – | $42.6B |
| P/E (trailing) | – | 43.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | CNSP | FLEX |
|---|---|---|
| 2022 | -88.6% | +17.1% |
| 2023 | -47.1% | +41.9% |
| 2024 | -99.8% | +67.2% |
| 2025 | -92.7% | +57.4% |
| 2026 | +5.1% | +90.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNSP and FLEX good diversifiers for each other?
To a limited degree. At 0.54 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 CNSP and FLEX?
As of 2026-08-27, the correlation of weekly returns between CNSP and FLEX is 0.54 over 3 years, 0.75 over 1 year and 0.39 over 5 years.
Is FLEX a good diversifier for CNSP?
To a limited degree. At 0.54 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 0.54 mean?
On the −1 to +1 scale, 0.54 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/cnsp-vs-flex.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cnsp-vs-flex/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CNSP correlations · FLEX correlations
