CRWS vs NTIP: Correlation
Crown Crafts, Inc. (CRWS) and Network-1 Technologies, Inc. (NTIP) show a moderate relationship: their 3-year correlation of weekly returns is 0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRWS and NTIP?
Across a 3-year window, the weekly returns of CRWS and NTIP correlate at 0.31, moderate. The link has loosened recently: the 1-year correlation (0.13) runs below the 3-year figure (0.31). Stretching to 5 years gives 0.21, with an annualized covariance of 232.7 %².
Among the 13 assets we track against CRWS, NTIP ranks #7 by 3-year correlation. Over the last 12 months NTIP came out ahead by 7.2 percentage points (+5.3% 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.
CRWS vs NTIP: side by side
| CRWS (Crown Crafts, Inc.) | NTIP (Network-1 Technologies, Inc.) | |
|---|---|---|
| 1-year return | +5.3% | +12.5% |
| 5-year return | -41.3% | -36.5% |
| Volatility (ann.) | 24.2% | 30.6% |
| Beta vs S&P 500 | 0.48 | -0.04 |
| Max drawdown (3Y) | -48.8% | -49.9% |
| Market cap | – | – |
| P/E (trailing) | 6.3 | – |
| Dividend yield | 10.88% | 6.37% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRWS | NTIP |
|---|---|---|
| 2022 | -22.7% | -18.7% |
| 2023 | -1.2% | +3.5% |
| 2024 | -3.4% | -35.6% |
| 2025 | -31.7% | +5.4% |
| 2026 | +10.8% | +21.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRWS and NTIP good diversifiers for each other?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CRWS and NTIP?
The CRWS/NTIP correlation stands at 0.31 on a 3-year window (1 year: 0.13, 5 years: 0.21), computed from weekly returns as of 2026-08-27.
Is NTIP a good diversifier for CRWS?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.31 mean?
On the −1 to +1 scale, 0.31 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/crws-vs-ntip.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/crws-vs-ntip/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRWS correlations · NTIP correlations
