CXAI vs SXTC: Correlation
How closely do CXApp Inc. (CXAI) and China SXT Pharmaceuticals, Inc. - Class A (SXTC) trade together? Their weekly returns over three years give a correlation of 0.94, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CXAI and SXTC?
On 3 years of weekly data the CXAI/SXTC correlation comes out at 0.94, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.94 lands near the 3-year figure. The 5-year figure is 0.93, and annualized covariance runs at 24415836.6 %².
In CXAI's tracked universe of 10 assets, SXTC sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months CXAI outperformed by 506.1 percentage points (+407.7% for CXAI against -98.4% for SXTC). Risk is not evenly split, since SXTC 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.
CXAI vs SXTC: side by side
| CXAI (CXApp Inc.) | SXTC (China SXT Pharmaceuticals, Inc. - Class A) | |
|---|---|---|
| 1-year return | +407.7% | -98.4% |
| 5-year return | -60.0% | -99.9% |
| Volatility (ann.) | 3738.0% | 6970.7% |
| Beta vs S&P 500 | 6.69 | 6.97 |
| Max drawdown (3Y) | -98.3% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CXAI | SXTC |
|---|---|---|
| 2022 | +0.8% | -16.6% |
| 2023 | -87.2% | -70.7% |
| 2024 | +41.1% | -87.2% |
| 2025 | -81.8% | +215.0% |
| 2026 | +1092.8% | -98.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CXAI and SXTC good diversifiers for each other?
No: a correlation of 0.94 means CXAI and SXTC tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between CXAI and SXTC?
The CXAI/SXTC correlation stands at 0.94 on a 3-year window (1 year: 0.94, 5 years: 0.93), computed from weekly returns as of 2026-08-27.
Is SXTC a good diversifier for CXAI?
No: a correlation of 0.94 means CXAI and SXTC tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.94 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/cxai-vs-sxtc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cxai-vs-sxtc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CXAI correlations · SXTC correlations
