CXDO vs INUV: Correlation
Crexendo, Inc. (CXDO) and Inuvo, Inc. (INUV) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CXDO and INUV?
On 3 years of weekly data the CXDO/INUV correlation comes out at 0.37, moderate. Little has changed lately, as the 1-year reading of 0.28 lands near the 3-year figure. The 5-year figure is 0.34, and annualized covariance runs at 2121.9 %².
Within CXDO's tracked universe of 13 assets, INUV comes in at #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CXDO ahead by 81.0 points (+2.6% versus -78.4%).
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.
CXDO vs INUV: side by side
| CXDO (Crexendo, Inc.) | INUV (Inuvo, Inc.) | |
|---|---|---|
| 1-year return | +2.6% | -78.4% |
| 5-year return | +9.7% | -90.0% |
| Volatility (ann.) | 67.1% | 85.4% |
| Beta vs S&P 500 | 1.77 | 1.37 |
| Max drawdown (3Y) | -60.4% | -90.4% |
| Market cap | $0.2B | – |
| P/E (trailing) | 49.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CXDO | INUV |
|---|---|---|
| 2022 | -61.7% | -58.5% |
| 2023 | +156.1% | +95.5% |
| 2024 | +7.8% | +51.2% |
| 2025 | +23.7% | -61.8% |
| 2026 | -0.8% | -70.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CXDO and INUV good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CXDO and INUV?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.28 over the last year and 0.34 over 5 years.
Is INUV a good diversifier for CXDO?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
A reading of 0.37 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/cxdo-vs-inuv.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cxdo-vs-inuv/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CXDO correlations · INUV correlations
