CNSY vs RETO: Correlation
Measured on weekly returns over the past three years, Cerenome, Inc. (CNSY) and ReTo Eco-Solutions, Inc. - Class A Shares (RETO) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNSY and RETO?
Across a 3-year window, the weekly returns of CNSY and RETO correlate at 0.44, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.30 versus 0.44 over 3 years. Stretching to 5 years gives 0.38, with an annualized covariance of 26961.0 %².
RETO is one of the assets that tracks CNSY most closely: it ranks #2 out of the 11 assets we track against CNSY. The last year tells two different stories: CNSY led by 21.6 percentage points, -74.7% for CNSY against -96.3% for RETO. Risk is not evenly split, since RETO carries 2.6 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.
CNSY vs RETO: side by side
| CNSY (Cerenome, Inc.) | RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | |
|---|---|---|
| 1-year return | -74.7% | -96.3% |
| 5-year return | -99.6% | -100.0% |
| Volatility (ann.) | 154.9% | 399.9% |
| Beta vs S&P 500 | 2.28 | -2.83 |
| Max drawdown (3Y) | -96.1% | -99.5% |
| Market cap | – | – |
| P/E (trailing) | 1.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CNSY | RETO |
|---|---|---|
| 2022 | -69.5% | -75.9% |
| 2023 | -63.5% | -99.1% |
| 2024 | -34.3% | -74.9% |
| 2025 | -55.7% | -57.1% |
| 2026 | -75.7% | -81.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNSY and RETO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CNSY and RETO?
The CNSY/RETO correlation stands at 0.44 on a 3-year window (1 year: 0.30, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is RETO a good diversifier for CNSY?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cnsy-vs-reto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cnsy-vs-reto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CNSY correlations · RETO correlations
