CSBR vs ZOOZ: Correlation
How closely do Champions Oncology, Inc. (CSBR) and ZOOZ Strategy Ltd. (ZOOZ) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CSBR and ZOOZ?
On 3 years of weekly data the CSBR/ZOOZ correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.01 versus -0.22 over 3 years. The 5-year figure is n/a, and annualized covariance runs at -1857.1 %².
Out of 11 assets tracked against CSBR, ZOOZ lands near the bottom at #9. Their recent paths diverged sharply: over the last 12 months CSBR outperformed by 55.0 percentage points (-23.9% for CSBR against -78.9% for ZOOZ). One caveat on sizing: ZOOZ is 2.6 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.
CSBR vs ZOOZ: side by side
| CSBR (Champions Oncology, Inc.) | ZOOZ (ZOOZ Strategy Ltd.) | |
|---|---|---|
| 1-year return | -23.9% | -78.9% |
| 5-year return | -49.7% | n/a |
| Volatility (ann.) | 55.9% | 147.3% |
| Beta vs S&P 500 | 0.24 | 1.83 |
| Max drawdown (3Y) | -57.9% | -93.9% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CSBR | ZOOZ |
|---|---|---|
| 2022 | -46.1% | – |
| 2023 | +24.6% | – |
| 2024 | +52.5% | – |
| 2025 | -19.4% | -82.1% |
| 2026 | -27.4% | -22.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CSBR and ZOOZ 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 CSBR and ZOOZ?
As of 2026-08-27, the correlation of weekly returns between CSBR and ZOOZ is -0.22 over 3 years, 0.01 over 1 year and n/a over 5 years.
Is ZOOZ a good diversifier for CSBR?
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/csbr-vs-zooz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/csbr-vs-zooz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CSBR correlations · ZOOZ correlations
