CNVS vs PRQR: Correlation
Cineverse Corp. (CNVS) and ProQR Therapeutics N.V. (PRQR) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNVS and PRQR?
Across a 3-year window, the weekly returns of CNVS and PRQR correlate at 0.41, moderate. The past 12 months show a weaker link (0.13) than the 3-year average (0.41). Stretching to 5 years gives 0.24, with an annualized covariance of 3518.1 %².
In CNVS's tracked universe of 12 assets, PRQR sits right near the top at #2. The last year tells two different stories: PRQR led by 57.1 percentage points, -52.1% for CNVS against +5.0% for PRQR.
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 PRQR: side by side
| CNVS (Cineverse Corp.) | PRQR (ProQR Therapeutics N.V.) | |
|---|---|---|
| 1-year return | -52.1% | +5.0% |
| 5-year return | -93.6% | -64.2% |
| Volatility (ann.) | 82.6% | 104.9% |
| Beta vs S&P 500 | 1.27 | 1.98 |
| Max drawdown (3Y) | -74.0% | -75.1% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CNVS | PRQR |
|---|---|---|
| 2022 | -66.4% | -53.8% |
| 2023 | -82.7% | -46.5% |
| 2024 | +170.4% | +33.8% |
| 2025 | -42.2% | -23.8% |
| 2026 | +14.7% | +14.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNVS and PRQR good diversifiers for each other?
Reasonably. At 0.41, CNVS and PRQR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CNVS and PRQR?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.13 over the last year and 0.24 over 5 years.
Is PRQR a good diversifier for CNVS?
Reasonably. At 0.41, CNVS and PRQR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cnvs-vs-prqr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cnvs-vs-prqr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CNVS correlations · PRQR correlations
