CREX vs NVTS: Correlation
Creative Realities, Inc. (CREX) and Navitas Semiconductor Corporation (NVTS) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CREX and NVTS?
Across a 3-year window, the weekly returns of CREX and NVTS correlate at 0.36, moderate. Recent behaviour matches the longer record: 0.27 over 1 year against 0.36 over 3. Stretching to 5 years gives 0.27, with an annualized covariance of 3058.0 %².
By 3-year correlation, NVTS places #4 of the 10 assets tracked against CREX. The last year tells two different stories: NVTS led by 88.8 percentage points, +17.3% for CREX against +106.1% for NVTS. Risk is not evenly split, since NVTS carries 1.8 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.
CREX vs NVTS: side by side
| CREX (Creative Realities, Inc.) | NVTS (Navitas Semiconductor Corporation) | |
|---|---|---|
| 1-year return | +17.3% | +106.1% |
| 5-year return | -30.4% | -2.3% |
| Volatility (ann.) | 70.0% | 122.7% |
| Beta vs S&P 500 | 1.00 | 2.11 |
| Max drawdown (3Y) | -74.5% | -81.8% |
| Market cap | – | $3.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CREX | NVTS |
|---|---|---|
| 2022 | -58.6% | -79.4% |
| 2023 | +35.6% | +129.9% |
| 2024 | +3.8% | -55.8% |
| 2025 | +6.5% | +100.0% |
| 2026 | +12.8% | +75.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CREX and NVTS good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CREX and NVTS?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.27 over the last year and 0.27 over 5 years.
Is NVTS a good diversifier for CREX?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 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/crex-vs-nvts.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crex-vs-nvts/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CREX correlations · NVTS correlations
