CPIX vs NYT: Correlation
How closely do Cumberland Pharmaceuticals Inc. (CPIX) and New York Times Company (The) (NYT) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPIX and NYT?
Over the past 3 years, CPIX and NYT moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.20 over 1 year against -0.27 over 3. Over 5 years the correlation is -0.11, and the annualized covariance of weekly returns is -788.7 %².
NYT is close to the least connected end of CPIX's tracked universe, ranking #15 of 16. The last year tells two different stories: CPIX led by 212.9 percentage points, +228.1% for CPIX against +15.2% for NYT. One caveat on sizing: CPIX is 4.8 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.
CPIX vs NYT: side by side
| CPIX (Cumberland Pharmaceuticals Inc.) | NYT (New York Times Company (The)) | |
|---|---|---|
| 1-year return | +228.1% | +15.2% |
| 5-year return | +295.6% | +42.2% |
| Volatility (ann.) | 117.9% | 24.5% |
| Beta vs S&P 500 | 0.07 | 0.35 |
| Max drawdown (3Y) | -71.9% | -25.8% |
| Market cap | $0.1B | $11.0B |
| P/E (trailing) | – | 28.4 |
| Dividend yield | 0.00% | 1.20% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CPIX | NYT |
|---|---|---|
| 2022 | -51.8% | -32.2% |
| 2023 | -20.4% | +52.6% |
| 2024 | +32.4% | +7.3% |
| 2025 | +67.9% | +35.1% |
| 2026 | +180.3% | -1.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPIX and NYT good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CPIX and NYT?
As of 2026-08-27, the correlation of weekly returns between CPIX and NYT is -0.27 over 3 years, -0.20 over 1 year and -0.11 over 5 years.
Is NYT a good diversifier for CPIX?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 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/cpix-vs-nyt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cpix-vs-nyt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CPIX correlations · NYT correlations
