CTOR vs PCRX: Correlation
Citius Oncology, Inc. (CTOR) and Pacira BioSciences, Inc. (PCRX) show a negative relationship: their 3-year correlation of weekly returns is -0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTOR and PCRX?
Across a 3-year window, the weekly returns of CTOR and PCRX correlate at -0.41, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.12) runs above the 3-year figure (-0.41). Stretching to 5 years gives -0.38, with an annualized covariance of -3776.8 %².
Among the 21 assets we track against CTOR, PCRX sits near the bottom by co-movement, at rank #21. Correlation aside, the last 12 months split them widely, with PCRX ahead by 61.1 points (-62.2% versus -1.1%). One caveat on sizing: CTOR is 3.6 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.
CTOR vs PCRX: side by side
| CTOR (Citius Oncology, Inc.) | PCRX (Pacira BioSciences, Inc.) | |
|---|---|---|
| 1-year return | -62.2% | -1.1% |
| 5-year return | n/a | -56.2% |
| Volatility (ann.) | 182.3% | 50.0% |
| Beta vs S&P 500 | 1.25 | 0.71 |
| Max drawdown (3Y) | -98.8% | -67.9% |
| Market cap | $0.1B | $1.0B |
| P/E (trailing) | – | 73.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CTOR | PCRX |
|---|---|---|
| 2022 | – | -35.8% |
| 2023 | +7.7% | -12.6% |
| 2024 | -89.5% | -44.2% |
| 2025 | -13.0% | +37.4% |
| 2026 | -21.0% | -0.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTOR and PCRX good diversifiers for each other?
By historical standards, yes. A correlation of -0.41 means the two rarely move for the same reasons.
FAQ
What is the correlation between CTOR and PCRX?
Using weekly returns as of 2026-08-27: -0.41 over 3 years, with -0.12 over the last year and -0.38 over 5 years.
Is PCRX a good diversifier for CTOR?
By historical standards, yes. A correlation of -0.41 means the two rarely move for the same reasons.
What does a correlation of -0.41 mean?
A reading of -0.41 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
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Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ctor-vs-pcrx/)
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Related comparisons
Hubs: CTOR correlations · PCRX correlations
