CPRI vs NXH: Correlation
Capri Holdings Limited (CPRI) and Neighborhood Intelligence, Inc. (NXH) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPRI and NXH?
Over the past 3 years, CPRI and NXH moved with a correlation of 0.51, which is moderate. Recent behaviour matches the longer record: 0.48 over 1 year against 0.51 over 3. Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 2224.5 %².
In CPRI's tracked universe of 10 assets, NXH sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months CPRI outperformed by 18.0 percentage points (-38.8% for CPRI against -56.8% for NXH). Note the risk asymmetry: NXH runs 1.6 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.
CPRI vs NXH: side by side
| CPRI (Capri Holdings Limited) | NXH (Neighborhood Intelligence, Inc.) | |
|---|---|---|
| 1-year return | -38.8% | -56.8% |
| 5-year return | -76.8% | -94.6% |
| Volatility (ann.) | 52.2% | 84.1% |
| Beta vs S&P 500 | 1.43 | 2.56 |
| Max drawdown (3Y) | -76.4% | -89.8% |
| Market cap | $1.5B | $0.4B |
| P/E (trailing) | 17.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CPRI | NXH |
|---|---|---|
| 2022 | -11.7% | -67.2% |
| 2023 | -12.4% | +43.0% |
| 2024 | -58.1% | -82.2% |
| 2025 | +15.9% | +10.8% |
| 2026 | -46.0% | -27.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPRI and NXH good diversifiers for each other?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CPRI and NXH?
The CPRI/NXH correlation stands at 0.51 on a 3-year window (1 year: 0.48, 5 years: 0.43), computed from weekly returns as of 2026-08-27.
Is NXH a good diversifier for CPRI?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.51 mean?
On the −1 to +1 scale, 0.51 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/cpri-vs-nxh.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cpri-vs-nxh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CPRI correlations · NXH correlations
