CPSH vs EG: Correlation
How closely do CPS Technologies Corp. (CPSH) and Everest Group (EG) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPSH and EG?
Across a 3-year window, the weekly returns of CPSH and EG correlate at -0.19, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.31) than the 3-year average (-0.19). Stretching to 5 years gives -0.02, with an annualized covariance of -336.8 %².
By 3-year correlation, EG places #12 of the 18 assets tracked against CPSH. Their 12-month results are close: +15.3% for CPSH against +11.3% for EG. One caveat on sizing: CPSH is 3.5 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.
CPSH vs EG: side by side
| CPSH (CPS Technologies Corp.) | EG (Everest Group) | |
|---|---|---|
| 1-year return | +15.3% | +11.3% |
| 5-year return | -32.8% | +57.2% |
| Volatility (ann.) | 78.3% | 22.2% |
| Beta vs S&P 500 | 0.50 | 0.28 |
| Max drawdown (3Y) | -69.7% | -23.8% |
| Market cap | $0.1B | $14.5B |
| P/E (trailing) | 392.0 | 8.0 |
| Dividend yield | 0.00% | 2.11% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | CPSH | EG |
|---|---|---|
| 2022 | -29.0% | +23.7% |
| 2023 | -12.6% | +8.7% |
| 2024 | -31.5% | +4.6% |
| 2025 | +91.9% | -5.3% |
| 2026 | +26.9% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPSH and EG good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CPSH and EG?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.31 over the last year and -0.02 over 5 years.
Is EG a good diversifier for CPSH?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 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/cpsh-vs-eg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cpsh-vs-eg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CPSH correlations · EG correlations
