CPSH vs RDN: Correlation
Measured on weekly returns over the past three years, CPS Technologies Corp. (CPSH) and Radian Group Inc. (RDN) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPSH and RDN?
On 3 years of weekly data the CPSH/RDN correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.44) than the 3-year average (-0.23). The 5-year figure is -0.08, and annualized covariance runs at -428.1 %².
Out of 18 assets tracked against CPSH, RDN lands near the bottom at #15. Over the last 12 months CPSH came out ahead by 7.7 percentage points (+15.3% against +7.6%). Risk is not evenly split, since CPSH carries 3.3 times the volatility of the other side.
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 RDN: side by side
| CPSH (CPS Technologies Corp.) | RDN (Radian Group Inc.) | |
|---|---|---|
| 1-year return | +15.3% | +7.6% |
| 5-year return | -32.8% | +82.4% |
| Volatility (ann.) | 78.3% | 23.5% |
| Beta vs S&P 500 | 0.50 | 0.64 |
| Max drawdown (3Y) | -69.7% | -16.5% |
| Market cap | $0.1B | $4.8B |
| P/E (trailing) | 392.0 | 9.1 |
| Dividend yield | 0.00% | 2.77% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CPSH | RDN |
|---|---|---|
| 2022 | -29.0% | -6.3% |
| 2023 | -12.6% | +55.3% |
| 2024 | -31.5% | +14.5% |
| 2025 | +91.9% | +16.9% |
| 2026 | +26.9% | +3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPSH and RDN good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CPSH and RDN?
As of 2026-08-27, the correlation of weekly returns between CPSH and RDN is -0.23 over 3 years, -0.44 over 1 year and -0.08 over 5 years.
Is RDN a good diversifier for CPSH?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
A reading of -0.23 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cpsh-vs-rdn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cpsh-vs-rdn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CPSH correlations · RDN correlations
