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CSX vs QUCY: Correlation

Measured on weekly returns over the past three years, CSX Corporation (CSX) and Quantum Cyber N.V. (QUCY) carry a correlation of -0.16, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.16
negative
Correlation (1Y)
0.03
last 12 months
Correlation (5Y)
-0.11
long-run
Ann. covariance
-5847.9
%² · weekly, annualized

How correlated are CSX and QUCY?

Across a 3-year window, the weekly returns of CSX and QUCY correlate at -0.16, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.03 versus -0.16 over 3 years. Stretching to 5 years gives -0.11, with an annualized covariance of -5847.9 %².

By 3-year correlation, QUCY places #21 of the 30 assets tracked against CSX. Their recent paths diverged sharply: over the last 12 months CSX outperformed by 69.9 percentage points (+60.6% for CSX against -9.3% for QUCY). One caveat on sizing: QUCY is 93.4 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.

CSX vs QUCY: side by side

CSX (CSX Corporation)QUCY (Quantum Cyber N.V.)
1-year return+60.6%-9.3%
5-year return+66.2%-94.4%
Volatility (ann.)19.7%1840.9%
Beta vs S&P 5000.623.76
Max drawdown (3Y)-29.4%-95.9%
Market cap$95.5B$0.1B
P/E (trailing)30.1
Dividend yield1.04%0.00%
Sector / categoryIndustrialsUS Listed
Higher yield: CSX 1.04% vs 0.00%Smaller drawdown: CSX -29.4% vs -95.9%Higher 5y return: CSX +66.2% vs -94.4%
-78%0%+112%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. CSX · QUCY

Year-by-year returns

YearCSXQUCY
2022-16.6%-31.7%
2023+13.5%-83.7%
2024-5.6%+272.4%
2025+14.1%-74.1%
2026+43.1%+31.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CSX and QUCY good diversifiers for each other?

By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.

FAQ

What is the correlation between CSX and QUCY?

The CSX/QUCY correlation stands at -0.16 on a 3-year window (1 year: 0.03, 5 years: -0.11), computed from weekly returns as of 2026-08-27.

Is QUCY a good diversifier for CSX?

By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.

What does a correlation of -0.16 mean?

On the −1 to +1 scale, -0.16 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/csx-vs-qucy.json

CSX vs QUCY: 3-year weekly correlation -0.16CSX vs QUCY-0.16

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Related comparisons

Hubs: CSX correlations · QUCY correlations