CVRX vs JAKK: Correlation
How closely do CVRx, Inc. (CVRX) and JAKKS Pacific, Inc. (JAKK) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CVRX and JAKK?
Across a 3-year window, the weekly returns of CVRX and JAKK correlate at 0.32, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.21 versus 0.32 over 3 years. Stretching to 5 years gives 0.34, with an annualized covariance of 1762.4 %².
Within CVRX's tracked universe of 18 assets, JAKK comes in at #5 by 3-year correlation. The last year tells two different stories: JAKK led by 108.7 percentage points, -59.8% for CVRX against +48.9% for JAKK. Risk is not evenly split, since CVRX carries 1.9 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.
CVRX vs JAKK: side by side
| CVRX (CVRx, Inc.) | JAKK (JAKKS Pacific, Inc.) | |
|---|---|---|
| 1-year return | -59.8% | +48.9% |
| 5-year return | -84.4% | +96.2% |
| Volatility (ann.) | 101.8% | 54.5% |
| Beta vs S&P 500 | 0.65 | 1.20 |
| Max drawdown (3Y) | -92.8% | -57.3% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | – | 18.2 |
| Dividend yield | 0.00% | 3.90% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CVRX | JAKK |
|---|---|---|
| 2022 | +50.0% | +72.1% |
| 2023 | +71.3% | +103.3% |
| 2024 | -59.7% | -20.8% |
| 2025 | -44.0% | -36.9% |
| 2026 | -57.2% | +55.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CVRX and JAKK good diversifiers for each other?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CVRX and JAKK?
The CVRX/JAKK correlation stands at 0.32 on a 3-year window (1 year: 0.21, 5 years: 0.34), computed from weekly returns as of 2026-08-27.
Is JAKK a good diversifier for CVRX?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.32 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/cvrx-vs-jakk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cvrx-vs-jakk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CVRX correlations · JAKK correlations
