CTMX vs VSTS: Correlation
CytomX Therapeutics, Inc. (CTMX) and Vestis Corporation (VSTS) show a negative relationship: their 3-year correlation of weekly returns is -0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTMX and VSTS?
Across a 3-year window, the weekly returns of CTMX and VSTS correlate at -0.34, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.14) than the 3-year average (-0.34). Stretching to 5 years gives n/a, with an annualized covariance of -3162.6 %².
Among the 13 assets we track against CTMX, VSTS sits near the bottom by co-movement, at rank #13. Correlation aside, the last 12 months split them widely, with VSTS ahead by 112.0 points (+65.2% versus +177.2%). Risk is not evenly split, since CTMX carries 2.5 times the volatility of the other side.
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.
CTMX vs VSTS: side by side
| CTMX (CytomX Therapeutics, Inc.) | VSTS (Vestis Corporation) | |
|---|---|---|
| 1-year return | +65.2% | +177.2% |
| 5-year return | -32.5% | n/a |
| Volatility (ann.) | 151.3% | 61.1% |
| Beta vs S&P 500 | 2.53 | 0.98 |
| Max drawdown (3Y) | -91.6% | -81.6% |
| Market cap | $0.7B | $1.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CTMX | VSTS |
|---|---|---|
| 2022 | -63.0% | – |
| 2023 | -3.1% | – |
| 2024 | -33.5% | -27.2% |
| 2025 | +313.6% | -56.1% |
| 2026 | -19.7% | +91.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTMX and VSTS good diversifiers for each other?
Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CTMX and VSTS?
The CTMX/VSTS correlation stands at -0.34 on a 3-year window (1 year: 0.14, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is VSTS a good diversifier for CTMX?
Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.34 mean?
A reading of -0.34 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/ctmx-vs-vsts.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ctmx-vs-vsts/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CTMX correlations · VSTS correlations
