CVM vs TEL: Correlation
Cel-Sci Corporation (CVM) and TE Connectivity (TEL) 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 TEL?
Over the past 3 years, CVM and TEL moved with a correlation of 0.43, which is moderate. Recent behaviour matches the longer record: 0.36 over 1 year against 0.43 over 3. Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 1556.2 %².
Among the 10 assets we track against CVM, TEL ranks #4 by 3-year correlation. The last year tells two different stories: TEL led by 86.6 percentage points, -87.7% for CVM against -1.1% for TEL. Note the risk asymmetry: CVM runs 4.4 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 TEL: side by side
| CVM (Cel-Sci Corporation) | TEL (TE Connectivity) | |
|---|---|---|
| 1-year return | -87.7% | -1.1% |
| 5-year return | -99.5% | +43.7% |
| Volatility (ann.) | 126.6% | 28.8% |
| Beta vs S&P 500 | 2.35 | 1.32 |
| Max drawdown (3Y) | -99.0% | -22.6% |
| Market cap | – | $58.8B |
| P/E (trailing) | – | 20.1 |
| Dividend yield | 0.00% | 1.42% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | CVM | TEL |
|---|---|---|
| 2022 | -66.9% | -27.7% |
| 2023 | +15.7% | +24.6% |
| 2024 | -85.3% | +3.5% |
| 2025 | -56.2% | +61.1% |
| 2026 | -69.6% | -9.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CVM and TEL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CVM and TEL?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.36 over the last year and 0.41 over 5 years.
Is TEL a good diversifier for CVM?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cvm-vs-tel.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cvm-vs-tel/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CVM correlations · TEL correlations
