CPHI vs KMB: Correlation
Measured on weekly returns over the past three years, China Pharma Holdings, Inc. (CPHI) and Kimberly-Clark (KMB) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPHI and KMB?
Across a 3-year window, the weekly returns of CPHI and KMB correlate at -0.19, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.21 lands near the 3-year figure. Stretching to 5 years gives -0.15, with an annualized covariance of -412.8 %².
Among the 16 assets we track against CPHI, KMB ranks #10 by 3-year correlation. The last year tells two different stories: KMB led by 25.3 percentage points, -36.7% for CPHI against -11.4% for KMB. One caveat on sizing: CPHI is 5.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CPHI vs KMB: side by side
| CPHI (China Pharma Holdings, Inc.) | KMB (Kimberly-Clark) | |
|---|---|---|
| 1-year return | -36.7% | -11.4% |
| 5-year return | -99.7% | -2.6% |
| Volatility (ann.) | 112.2% | 19.3% |
| Beta vs S&P 500 | 0.27 | 0.15 |
| Max drawdown (3Y) | -95.0% | -34.1% |
| Market cap | – | $36.6B |
| P/E (trailing) | – | 21.7 |
| Dividend yield | 0.00% | 4.60% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | CPHI | KMB |
|---|---|---|
| 2022 | -79.2% | -1.6% |
| 2023 | -88.0% | -7.1% |
| 2024 | -61.7% | +11.8% |
| 2025 | -47.4% | -19.9% |
| 2026 | -26.8% | +11.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPHI and KMB good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between CPHI and KMB?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.21 over the last year and -0.15 over 5 years.
Is KMB a good diversifier for CPHI?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
A reading of -0.19 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: CPHI correlations · KMB correlations
