CRVO vs MZTI: Correlation
CervoMed Inc. (CRVO) and The Marzetti Company (MZTI) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRVO and MZTI?
Across a 3-year window, the weekly returns of CRVO and MZTI correlate at -0.22, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.18 lands near the 3-year figure. Stretching to 5 years gives -0.18, with an annualized covariance of -1133.4 %².
By 3-year correlation, MZTI places #10 of the 17 assets tracked against CRVO. The last year tells two different stories: MZTI led by 35.5 percentage points, -71.9% for CRVO against -36.4% for MZTI. Note the risk asymmetry: CRVO runs 6.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
CRVO vs MZTI: side by side
| CRVO (CervoMed Inc.) | MZTI (The Marzetti Company) | |
|---|---|---|
| 1-year return | -71.9% | -36.4% |
| 5-year return | -94.2% | -29.4% |
| Volatility (ann.) | 178.5% | 29.3% |
| Beta vs S&P 500 | 0.33 | 0.29 |
| Max drawdown (3Y) | -92.7% | -46.8% |
| Market cap | – | $3.1B |
| P/E (trailing) | – | 16.1 |
| Dividend yield | 0.00% | 3.48% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRVO | MZTI |
|---|---|---|
| 2022 | -67.4% | +21.6% |
| 2023 | +0.5% | -14.0% |
| 2024 | -69.3% | +6.1% |
| 2025 | +237.6% | -2.9% |
| 2026 | -66.6% | -30.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRVO and MZTI good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CRVO and MZTI?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.18 over the last year and -0.18 over 5 years.
Is MZTI a good diversifier for CRVO?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
A reading of -0.22 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/crvo-vs-mzti.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/crvo-vs-mzti/)
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Related comparisons
Hubs: CRVO correlations · MZTI correlations
