CNSP vs ZTS: Correlation
How closely do CNS Pharmaceuticals, Inc. (CNSP) and Zoetis (ZTS) trade together? Their weekly returns over three years give a correlation of -0.35, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNSP and ZTS?
Over the past 3 years, CNSP and ZTS moved with a correlation of -0.35, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.55) than the 3-year average (-0.35). Over 5 years the correlation is -0.21, and the annualized covariance of weekly returns is -2039.1 %².
ZTS is close to the least connected end of CNSP's tracked universe, ranking #18 of 18. The last year tells two different stories: CNSP led by 38.5 percentage points, -12.3% for CNSP against -50.8% for ZTS. Risk is not evenly split, since CNSP carries 6.4 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 ZTS: side by side
| CNSP (CNS Pharmaceuticals, Inc.) | ZTS (Zoetis) | |
|---|---|---|
| 1-year return | -12.3% | -50.8% |
| 5-year return | -100.0% | -61.5% |
| Volatility (ann.) | 191.6% | 30.1% |
| Beta vs S&P 500 | 2.85 | 0.51 |
| Max drawdown (3Y) | -100.0% | -63.0% |
| Market cap | – | $31.0B |
| P/E (trailing) | – | 12.7 |
| Dividend yield | 0.00% | 2.66% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | CNSP | ZTS |
|---|---|---|
| 2022 | -88.6% | -39.5% |
| 2023 | -47.1% | +35.9% |
| 2024 | -99.8% | -16.6% |
| 2025 | -92.7% | -21.8% |
| 2026 | +5.1% | -39.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNSP and ZTS good diversifiers for each other?
Yes: at -0.35, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CNSP and ZTS?
Using weekly returns as of 2026-08-27: -0.35 over 3 years, with -0.55 over the last year and -0.21 over 5 years.
Is ZTS a good diversifier for CNSP?
Yes: at -0.35, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.35 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cnsp-vs-zts.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cnsp-vs-zts/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CNSP correlations · ZTS correlations
