COUR vs INDV: Correlation
Measured on weekly returns over the past three years, Coursera, Inc. (COUR) and Indivior Pharmaceuticals, Inc. (INDV) carry a correlation of 0.29, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COUR and INDV?
Across a 3-year window, the weekly returns of COUR and INDV correlate at 0.29, weak. Recent behaviour matches the longer record: 0.19 over 1 year against 0.29 over 3. Stretching to 5 years gives 0.06, with an annualized covariance of 927.4 %².
By 3-year correlation, INDV places #9 of the 14 assets tracked against COUR. Correlation aside, the last 12 months split them widely, with INDV ahead by 88.4 points (-43.5% versus +44.9%).
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.
COUR vs INDV: side by side
| COUR (Coursera, Inc.) | INDV (Indivior Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | -43.5% | +44.9% |
| 5-year return | -83.3% | +166.9% |
| Volatility (ann.) | 58.8% | 55.2% |
| Beta vs S&P 500 | 1.14 | 0.47 |
| Max drawdown (3Y) | -75.8% | -67.7% |
| Market cap | $1.8B | $4.2B |
| P/E (trailing) | – | 12.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COUR | INDV |
|---|---|---|
| 2022 | -51.6% | +26.1% |
| 2023 | +63.7% | -29.8% |
| 2024 | -56.1% | -18.6% |
| 2025 | -13.4% | +188.7% |
| 2026 | -13.2% | -1.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COUR and INDV good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between COUR and INDV?
As of 2026-08-27, the correlation of weekly returns between COUR and INDV is 0.29 over 3 years, 0.19 over 1 year and 0.06 over 5 years.
Is INDV a good diversifier for COUR?
Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.29 mean?
On the −1 to +1 scale, 0.29 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/cour-vs-indv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cour-vs-indv/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: COUR correlations · INDV correlations
