CPRT vs IMNN: Correlation
Measured on weekly returns over the past three years, Copart (CPRT) and Imunon, Inc. (IMNN) carry a correlation of -0.15, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPRT and IMNN?
Over the past 3 years, CPRT and IMNN moved with a correlation of -0.15, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.07) than the 3-year average (-0.15). Over 5 years the correlation is -0.06, and the annualized covariance of weekly returns is -569.4 %².
Within CPRT's tracked universe of 35 assets, IMNN comes in at #27 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CPRT ahead by 41.0 points (-32.6% versus -73.6%). Note the risk asymmetry: IMNN runs 5.6 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.
CPRT vs IMNN: side by side
| CPRT (Copart) | IMNN (Imunon, Inc.) | |
|---|---|---|
| 1-year return | -32.6% | -73.6% |
| 5-year return | -9.3% | -99.2% |
| Volatility (ann.) | 26.0% | 144.4% |
| Beta vs S&P 500 | 0.86 | -0.09 |
| Max drawdown (3Y) | -57.4% | -96.5% |
| Market cap | $30.3B | – |
| P/E (trailing) | 20.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | CPRT | IMNN |
|---|---|---|
| 2022 | -19.7% | -83.3% |
| 2023 | +60.9% | -49.6% |
| 2024 | +17.1% | +39.7% |
| 2025 | -31.8% | -69.3% |
| 2026 | -16.3% | -58.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPRT and IMNN good diversifiers for each other?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
FAQ
What is the correlation between CPRT and IMNN?
As of 2026-08-27, the correlation of weekly returns between CPRT and IMNN is -0.15 over 3 years, 0.07 over 1 year and -0.06 over 5 years.
Is IMNN a good diversifier for CPRT?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
What does a correlation of -0.15 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/cprt-vs-imnn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cprt-vs-imnn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CPRT correlations · IMNN correlations
