CNTX vs JRSH: Correlation
Measured on weekly returns over the past three years, Context Therapeutics Inc. (CNTX) and Jerash Holdings (US), Inc. (JRSH) carry a correlation of -0.29, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNTX and JRSH?
On 3 years of weekly data the CNTX/JRSH correlation comes out at -0.29, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.52 versus -0.29 over 3 years. The 5-year figure is -0.13, and annualized covariance runs at -817.6 %².
Among the 10 assets we track against CNTX, JRSH sits near the bottom by co-movement, at rank #10. Their recent paths diverged sharply: over the last 12 months JRSH outperformed by 126.1 percentage points (-51.6% for CNTX against +74.5% for JRSH). One caveat on sizing: CNTX is 3.7 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.
CNTX vs JRSH: side by side
| CNTX (Context Therapeutics Inc.) | JRSH (Jerash Holdings (US), Inc.) | |
|---|---|---|
| 1-year return | -51.6% | +74.5% |
| 5-year return | -91.8% | -9.0% |
| Volatility (ann.) | 102.4% | 27.8% |
| Beta vs S&P 500 | 0.87 | 0.45 |
| Max drawdown (3Y) | -87.6% | -25.2% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 15.0 |
| Dividend yield | 0.00% | 3.55% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CNTX | JRSH |
|---|---|---|
| 2022 | -75.5% | -37.6% |
| 2023 | +73.3% | -15.5% |
| 2024 | -7.1% | +17.2% |
| 2025 | +40.0% | -5.4% |
| 2026 | -71.7% | +89.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNTX and JRSH good diversifiers for each other?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CNTX and JRSH?
As of 2026-08-27, the correlation of weekly returns between CNTX and JRSH is -0.29 over 3 years, -0.52 over 1 year and -0.13 over 5 years.
Is JRSH a good diversifier for CNTX?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.29 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
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[](https://www.pairbook.io/pair/cntx-vs-jrsh/)
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Related comparisons
Hubs: CNTX correlations · JRSH correlations
