COHN vs CPIX: Correlation
Measured on weekly returns over the past three years, Cohen & Company Inc. (COHN) and Cumberland Pharmaceuticals Inc. (CPIX) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COHN and CPIX?
Over the past 3 years, COHN and CPIX moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.34 versus -0.20 over 3 years. Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -1891.4 %².
Among the 10 assets we track against COHN, CPIX sits near the bottom by co-movement, at rank #10. Their recent paths diverged sharply: over the last 12 months CPIX outperformed by 221.0 percentage points (+7.1% for COHN against +228.1% for CPIX).
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.
COHN vs CPIX: side by side
| COHN (Cohen & Company Inc.) | CPIX (Cumberland Pharmaceuticals Inc.) | |
|---|---|---|
| 1-year return | +7.1% | +228.1% |
| 5-year return | -2.6% | +295.6% |
| Volatility (ann.) | 81.7% | 117.9% |
| Beta vs S&P 500 | 0.90 | 0.07 |
| Max drawdown (3Y) | -62.6% | -71.9% |
| Market cap | – | $0.1B |
| P/E (trailing) | 2.3 | – |
| Dividend yield | 9.07% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COHN | CPIX |
|---|---|---|
| 2022 | -36.7% | -51.8% |
| 2023 | -9.7% | -20.4% |
| 2024 | +73.4% | +32.4% |
| 2025 | +149.5% | +67.9% |
| 2026 | -44.8% | +180.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COHN and CPIX good diversifiers for each other?
Yes. With a correlation of -0.20, COHN and CPIX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between COHN and CPIX?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.34 over the last year and -0.12 over 5 years.
Is CPIX a good diversifier for COHN?
Yes. With a correlation of -0.20, COHN and CPIX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 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/cohn-vs-cpix.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cohn-vs-cpix/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: COHN correlations · CPIX correlations
