CNVS vs KSCP: Correlation
Measured on weekly returns over the past three years, Cineverse Corp. (CNVS) and Knightscope, Inc. (KSCP) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNVS and KSCP?
Over the past 3 years, CNVS and KSCP moved with a correlation of 0.42, which is moderate. The link has loosened recently: the 1-year correlation (0.21) runs below the 3-year figure (0.42). Over 5 years the correlation is 0.22, and the annualized covariance of weekly returns is 3905.7 %².
KSCP is one of the assets that tracks CNVS most closely: it ranks #1 out of the 12 assets we track against CNVS. Their recent paths diverged sharply: over the last 12 months CNVS outperformed by 25.0 percentage points (-52.1% for CNVS against -77.1% for KSCP).
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.
CNVS vs KSCP: side by side
| CNVS (Cineverse Corp.) | KSCP (Knightscope, Inc.) | |
|---|---|---|
| 1-year return | -52.1% | -77.1% |
| 5-year return | -93.6% | -99.5% |
| Volatility (ann.) | 82.6% | 112.6% |
| Beta vs S&P 500 | 1.27 | 1.20 |
| Max drawdown (3Y) | -74.0% | -97.6% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CNVS | KSCP |
|---|---|---|
| 2022 | -66.4% | – |
| 2023 | -82.7% | -68.3% |
| 2024 | +170.4% | -57.9% |
| 2025 | -42.2% | -70.6% |
| 2026 | +14.7% | -62.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNVS and KSCP good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CNVS and KSCP?
As of 2026-08-27, the correlation of weekly returns between CNVS and KSCP is 0.42 over 3 years, 0.21 over 1 year and 0.22 over 5 years.
Is KSCP a good diversifier for CNVS?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 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/cnvs-vs-kscp.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cnvs-vs-kscp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CNVS correlations · KSCP correlations
