CPSH vs URG: Correlation
Measured on weekly returns over the past three years, CPS Technologies Corp. (CPSH) and Ur Energy Inc (URG) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPSH and URG?
On 3 years of weekly data the CPSH/URG correlation comes out at 0.33, moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. The 5-year figure is 0.30, and annualized covariance runs at 1541.5 %².
By 3-year correlation, URG places #6 of the 18 assets tracked against CPSH. Neither side won the trailing year by much: +15.3% against +12.5%.
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 URG: side by side
| CPSH (CPS Technologies Corp.) | URG (Ur Energy Inc) | |
|---|---|---|
| 1-year return | +15.3% | +12.5% |
| 5-year return | -32.8% | +26.4% |
| Volatility (ann.) | 78.3% | 59.1% |
| Beta vs S&P 500 | 0.50 | 1.21 |
| Max drawdown (3Y) | -69.7% | -72.1% |
| Market cap | $0.1B | $0.6B |
| P/E (trailing) | 392.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CPSH | URG |
|---|---|---|
| 2022 | -29.0% | -5.7% |
| 2023 | -12.6% | +33.9% |
| 2024 | -31.5% | -25.3% |
| 2025 | +91.9% | +20.9% |
| 2026 | +26.9% | +10.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPSH and URG good diversifiers for each other?
Reasonably. At 0.33, CPSH and URG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CPSH and URG?
The CPSH/URG correlation stands at 0.33 on a 3-year window (1 year: 0.41, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is URG a good diversifier for CPSH?
Reasonably. At 0.33, CPSH and URG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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/cpsh-vs-urg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cpsh-vs-urg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CPSH correlations · URG correlations
