CPSH vs FOXX: Correlation
Measured on weekly returns over the past three years, CPS Technologies Corp. (CPSH) and Foxx Development Holdings Inc. (FOXX) carry a correlation of -0.29, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPSH and FOXX?
Over the past 3 years, CPSH and FOXX moved with a correlation of -0.29, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.32) sits close to the 3-year figure. Over 5 years the correlation is -0.28, and the annualized covariance of weekly returns is -2501.9 %².
Among the 18 assets we track against CPSH, FOXX sits near the bottom by co-movement, at rank #17. Correlation aside, the last 12 months split them widely, with CPSH ahead by 69.6 points (+15.3% versus -54.3%).
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 FOXX: side by side
| CPSH (CPS Technologies Corp.) | FOXX (Foxx Development Holdings Inc.) | |
|---|---|---|
| 1-year return | +15.3% | -54.3% |
| 5-year return | -32.8% | n/a |
| Volatility (ann.) | 78.3% | 108.9% |
| Beta vs S&P 500 | 0.50 | -0.69 |
| Max drawdown (3Y) | -69.7% | -87.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | 392.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CPSH | FOXX |
|---|---|---|
| 2022 | -29.0% | – |
| 2023 | -12.6% | +8.2% |
| 2024 | -31.5% | -48.4% |
| 2025 | +91.9% | -18.7% |
| 2026 | +26.9% | -40.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPSH and FOXX good diversifiers for each other?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CPSH and FOXX?
Using weekly returns as of 2026-08-27: -0.29 over 3 years, with -0.32 over the last year and -0.28 over 5 years.
Is FOXX a good diversifier for CPSH?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.29 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-foxx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cpsh-vs-foxx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CPSH correlations · FOXX correlations
