CORZ vs NDRA: Correlation
How closely do Core Scientific, Inc. (CORZ) and ENDRA Life Sciences Inc. (NDRA) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CORZ and NDRA?
Across a 3-year window, the weekly returns of CORZ and NDRA correlate at -0.18, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.19 versus -0.18 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -2415.3 %².
Within CORZ's tracked universe of 19 assets, NDRA comes in at #10 by 3-year correlation. Over the last 12 months NDRA came out ahead by 7.4 percentage points (+24.1% against +31.5%). Risk is not evenly split, since NDRA carries 1.7 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.
CORZ vs NDRA: side by side
| CORZ (Core Scientific, Inc.) | NDRA (ENDRA Life Sciences Inc.) | |
|---|---|---|
| 1-year return | +24.1% | +31.5% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 89.6% | 150.8% |
| Beta vs S&P 500 | 2.71 | 1.41 |
| Max drawdown (3Y) | -64.9% | -99.9% |
| Market cap | $5.7B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CORZ | NDRA |
|---|---|---|
| 2022 | – | -70.6% |
| 2023 | – | -47.9% |
| 2024 | – | -99.8% |
| 2025 | +3.6% | -27.6% |
| 2026 | +21.0% | +19.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CORZ and NDRA good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CORZ and NDRA?
The CORZ/NDRA correlation stands at -0.18 on a 3-year window (1 year: 0.19, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is NDRA a good diversifier for CORZ?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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/corz-vs-ndra.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/corz-vs-ndra/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CORZ correlations · NDRA correlations
