CRNC vs INUV: Correlation
Measured on weekly returns over the past three years, Cerence Inc. (CRNC) and Inuvo, Inc. (INUV) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRNC and INUV?
On 3 years of weekly data the CRNC/INUV correlation comes out at 0.39, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.23 versus 0.39 over 3 years. The 5-year figure is 0.34, and annualized covariance runs at 4510.8 %².
Within CRNC's tracked universe of 21 assets, INUV comes in at #13 by 3-year correlation. The last year tells two different stories: CRNC led by 58.6 percentage points, -19.8% for CRNC against -78.4% for INUV. One caveat on sizing: CRNC is 1.6 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.
CRNC vs INUV: side by side
| CRNC (Cerence Inc.) | INUV (Inuvo, Inc.) | |
|---|---|---|
| 1-year return | -19.8% | -78.4% |
| 5-year return | -92.5% | -90.0% |
| Volatility (ann.) | 136.3% | 85.4% |
| Beta vs S&P 500 | 2.35 | 1.37 |
| Max drawdown (3Y) | -90.9% | -90.4% |
| Market cap | $0.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRNC | INUV |
|---|---|---|
| 2022 | -75.8% | -58.5% |
| 2023 | +6.1% | +95.5% |
| 2024 | -60.1% | +51.2% |
| 2025 | +36.2% | -61.8% |
| 2026 | -21.3% | -70.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRNC and INUV good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CRNC and INUV?
As of 2026-08-27, the correlation of weekly returns between CRNC and INUV is 0.39 over 3 years, 0.23 over 1 year and 0.34 over 5 years.
Is INUV a good diversifier for CRNC?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 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/crnc-vs-inuv.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/crnc-vs-inuv/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CRNC correlations · INUV correlations
