CSBR vs RM: Correlation
Measured on weekly returns over the past three years, Champions Oncology, Inc. (CSBR) and Regional Management Corp. (RM) carry a correlation of 0.32, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CSBR and RM?
Over the past 3 years, CSBR and RM moved with a correlation of 0.32, which is moderate. Little has changed lately, as the 1-year reading of 0.34 lands near the 3-year figure. Over 5 years the correlation is 0.26, and the annualized covariance of weekly returns is 675.5 %².
RM is one of the assets that tracks CSBR most closely: it ranks #3 out of the 11 assets we track against CSBR. Their 12-month results are close: -23.9% for CSBR against -20.1% for RM.
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.
CSBR vs RM: side by side
| CSBR (Champions Oncology, Inc.) | RM (Regional Management Corp.) | |
|---|---|---|
| 1-year return | -23.9% | -20.1% |
| 5-year return | -49.7% | -32.6% |
| Volatility (ann.) | 55.9% | 38.2% |
| Beta vs S&P 500 | 0.24 | 0.91 |
| Max drawdown (3Y) | -57.9% | -31.0% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | – | 6.9 |
| Dividend yield | 0.00% | 3.68% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CSBR | RM |
|---|---|---|
| 2022 | -46.1% | -49.6% |
| 2023 | +24.6% | -6.6% |
| 2024 | +52.5% | +41.5% |
| 2025 | -19.4% | +18.1% |
| 2026 | -27.4% | -13.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CSBR and RM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CSBR and RM?
The CSBR/RM correlation stands at 0.32 on a 3-year window (1 year: 0.34, 5 years: 0.26), computed from weekly returns as of 2026-08-27.
Is RM a good diversifier for CSBR?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.32 mean?
A reading of 0.32 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/csbr-vs-rm.json
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Related comparisons
Hubs: CSBR correlations · RM correlations
