CNSP vs PLNT: Correlation
CNS Pharmaceuticals, Inc. (CNSP) and Planet Fitness, Inc. (PLNT) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNSP and PLNT?
On 3 years of weekly data the CNSP/PLNT correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.63) runs below the 3-year figure (-0.27). The 5-year figure is -0.17, and annualized covariance runs at -1998.5 %².
Among the 18 assets we track against CNSP, PLNT sits near the bottom by co-movement, at rank #16. Correlation aside, the last 12 months split them widely, with CNSP ahead by 38.8 points (-12.3% versus -51.1%). Risk is not evenly split, since CNSP carries 4.9 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.
CNSP vs PLNT: side by side
| CNSP (CNS Pharmaceuticals, Inc.) | PLNT (Planet Fitness, Inc.) | |
|---|---|---|
| 1-year return | -12.3% | -51.1% |
| 5-year return | -100.0% | -36.6% |
| Volatility (ann.) | 191.6% | 39.0% |
| Beta vs S&P 500 | 2.85 | 0.42 |
| Max drawdown (3Y) | -100.0% | -61.2% |
| Market cap | – | $3.9B |
| P/E (trailing) | – | 17.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CNSP | PLNT |
|---|---|---|
| 2022 | -88.6% | -13.0% |
| 2023 | -47.1% | -7.4% |
| 2024 | -99.8% | +35.4% |
| 2025 | -92.7% | +9.7% |
| 2026 | +5.1% | -52.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNSP and PLNT good diversifiers for each other?
Yes. With a correlation of -0.27, CNSP and PLNT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CNSP and PLNT?
The CNSP/PLNT correlation stands at -0.27 on a 3-year window (1 year: -0.63, 5 years: -0.17), computed from weekly returns as of 2026-08-27.
Is PLNT a good diversifier for CNSP?
Yes. With a correlation of -0.27, CNSP and PLNT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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.
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Related comparisons
Hubs: CNSP correlations · PLNT correlations
