CVM vs MEDP: Correlation
Cel-Sci Corporation (CVM) and Medpace Holdings, Inc. (MEDP) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CVM and MEDP?
Across a 3-year window, the weekly returns of CVM and MEDP correlate at 0.43, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.30 versus 0.43 over 3 years. Stretching to 5 years gives 0.39, with an annualized covariance of 2502.4 %².
In CVM's tracked universe of 10 assets, MEDP sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months MEDP outperformed by 116.9 percentage points (-87.7% for CVM against +29.2% for MEDP). Note the risk asymmetry: CVM runs 2.7 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.
CVM vs MEDP: side by side
| CVM (Cel-Sci Corporation) | MEDP (Medpace Holdings, Inc.) | |
|---|---|---|
| 1-year return | -87.7% | +29.2% |
| 5-year return | -99.5% | +231.5% |
| Volatility (ann.) | 126.6% | 46.4% |
| Beta vs S&P 500 | 2.35 | 1.04 |
| Max drawdown (3Y) | -99.0% | -39.4% |
| Market cap | – | $17.1B |
| P/E (trailing) | – | 36.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CVM | MEDP |
|---|---|---|
| 2022 | -66.9% | -2.4% |
| 2023 | +15.7% | +44.3% |
| 2024 | -85.3% | +8.4% |
| 2025 | -56.2% | +69.1% |
| 2026 | -69.6% | +8.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CVM and MEDP good diversifiers for each other?
Reasonably. At 0.43, CVM and MEDP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CVM and MEDP?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.30 over the last year and 0.39 over 5 years.
Is MEDP a good diversifier for CVM?
Reasonably. At 0.43, CVM and MEDP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
On the −1 to +1 scale, 0.43 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
$ curl https://www.pairbook.io/api/v1/pairs/cvm-vs-medp.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cvm-vs-medp/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CVM correlations · MEDP correlations
