CTXR vs RMT: Correlation
How closely do Citius Pharmaceuticals, Inc. (CTXR) and Royce Micro-Cap Trust, Inc. (RMT) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTXR and RMT?
On 3 years of weekly data the CTXR/RMT correlation comes out at 0.42, moderate. The relationship has been stable: the 1-year correlation (0.33) sits close to the 3-year figure. The 5-year figure is 0.37, and annualized covariance runs at 869.8 %².
In CTXR's tracked universe of 10 assets, RMT sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months RMT outperformed by 102.5 percentage points (-54.1% for CTXR against +48.4% for RMT). One caveat on sizing: CTXR is 4.9 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.
CTXR vs RMT: side by side
| CTXR (Citius Pharmaceuticals, Inc.) | RMT (Royce Micro-Cap Trust, Inc.) | |
|---|---|---|
| 1-year return | -54.1% | +48.4% |
| 5-year return | -98.9% | +80.1% |
| Volatility (ann.) | 101.2% | 20.5% |
| Beta vs S&P 500 | 2.04 | 1.09 |
| Max drawdown (3Y) | -98.1% | -26.4% |
| Market cap | – | $0.8B |
| P/E (trailing) | – | 8.5 |
| Dividend yield | 0.00% | 5.57% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CTXR | RMT |
|---|---|---|
| 2022 | -48.7% | -16.8% |
| 2023 | -4.2% | +15.8% |
| 2024 | -78.9% | +14.0% |
| 2025 | -80.6% | +16.1% |
| 2026 | -19.0% | +39.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTXR and RMT good diversifiers for each other?
Reasonably. At 0.42, CTXR and RMT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CTXR and RMT?
The CTXR/RMT correlation stands at 0.42 on a 3-year window (1 year: 0.33, 5 years: 0.37), computed from weekly returns as of 2026-08-27.
Is RMT a good diversifier for CTXR?
Reasonably. At 0.42, CTXR and RMT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
A reading of 0.42 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/ctxr-vs-rmt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ctxr-vs-rmt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CTXR correlations · RMT correlations
