CPB vs NRXS: Correlation
Measured on weekly returns over the past three years, The Campbell's Company (CPB) and Neuraxis, Inc. (NRXS) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPB and NRXS?
Over the past 3 years, CPB and NRXS moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.26 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -434.8 %².
Among the 20 assets we track against CPB, NRXS sits near the bottom by co-movement, at rank #17. Correlation aside, the last 12 months split them widely, with NRXS ahead by 171.6 points (-22.8% versus +148.8%). Note the risk asymmetry: NRXS runs 3.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
CPB vs NRXS: side by side
| CPB (The Campbell's Company) | NRXS (Neuraxis, Inc.) | |
|---|---|---|
| 1-year return | -22.8% | +148.8% |
| 5-year return | -30.8% | n/a |
| Volatility (ann.) | 24.5% | 82.2% |
| Beta vs S&P 500 | 0.07 | 0.96 |
| Max drawdown (3Y) | -58.1% | -69.2% |
| Market cap | – | $0.1B |
| P/E (trailing) | 11.4 | – |
| Dividend yield | 6.72% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CPB | NRXS |
|---|---|---|
| 2022 | +34.8% | – |
| 2023 | -21.5% | – |
| 2024 | +0.1% | -12.0% |
| 2025 | -30.5% | +93.2% |
| 2026 | -12.2% | +32.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPB and NRXS good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CPB and NRXS?
The CPB/NRXS correlation stands at -0.22 on a 3-year window (1 year: -0.26, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is NRXS a good diversifier for CPB?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
A reading of -0.22 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cpb-vs-nrxs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cpb-vs-nrxs/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CPB correlations · NRXS correlations
