CTEV vs INTZ: Correlation
Measured on weekly returns over the past three years, Claritev Corporation (CTEV) and Intrusion Inc. (INTZ) carry a correlation of 0.62, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTEV and INTZ?
Across a 3-year window, the weekly returns of CTEV and INTZ correlate at 0.62, strong. Lately the two have drifted apart, with the 1-year correlation at -0.02 versus 0.62 over 3 years. Stretching to 5 years gives 0.59, with an annualized covariance of 28368.2 %².
INTZ is one of the assets that tracks CTEV most closely: it ranks #2 out of the 12 assets we track against CTEV. The trailing year gives CTEV the advantage: -46.0% versus -56.0%, a 10.0-point spread. Note the risk asymmetry: INTZ runs 1.7 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.
CTEV vs INTZ: side by side
| CTEV (Claritev Corporation) | INTZ (Intrusion Inc.) | |
|---|---|---|
| 1-year return | -46.0% | -56.0% |
| 5-year return | -83.9% | -99.1% |
| Volatility (ann.) | 161.9% | 281.6% |
| Beta vs S&P 500 | 1.96 | 2.38 |
| Max drawdown (3Y) | -93.4% | -97.9% |
| Market cap | $0.7B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CTEV | INTZ |
|---|---|---|
| 2022 | -74.0% | -8.1% |
| 2023 | +25.2% | -92.1% |
| 2024 | -74.3% | -38.4% |
| 2025 | +189.2% | -62.7% |
| 2026 | -9.3% | -29.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTEV and INTZ good diversifiers for each other?
To a limited degree. At 0.62 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CTEV and INTZ?
As of 2026-08-27, the correlation of weekly returns between CTEV and INTZ is 0.62 over 3 years, -0.02 over 1 year and 0.59 over 5 years.
Is INTZ a good diversifier for CTEV?
To a limited degree. At 0.62 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.62 mean?
A reading of 0.62 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: CTEV correlations · INTZ correlations
