CXDO vs UIS: Correlation
How closely do Crexendo, Inc. (CXDO) and Unisys Corporation New (UIS) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CXDO and UIS?
On 3 years of weekly data the CXDO/UIS correlation comes out at 0.42, moderate. Little has changed lately, as the 1-year reading of 0.40 lands near the 3-year figure. The 5-year figure is 0.36, and annualized covariance runs at 2271.8 %².
Within CXDO's tracked universe of 13 assets, UIS comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CXDO ahead by 33.4 points (+2.6% versus -30.8%).
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 UIS: side by side
| CXDO (Crexendo, Inc.) | UIS (Unisys Corporation New) | |
|---|---|---|
| 1-year return | +2.6% | -30.8% |
| 5-year return | +9.7% | -88.7% |
| Volatility (ann.) | 67.1% | 80.0% |
| Beta vs S&P 500 | 1.77 | 2.01 |
| Max drawdown (3Y) | -60.4% | -77.6% |
| Market cap | $0.2B | $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 | UIS |
|---|---|---|
| 2022 | -61.7% | -75.2% |
| 2023 | +156.1% | +10.0% |
| 2024 | +7.8% | +12.6% |
| 2025 | +23.7% | -56.4% |
| 2026 | -0.8% | -1.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CXDO and UIS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CXDO and UIS?
As of 2026-08-27, the correlation of weekly returns between CXDO and UIS is 0.42 over 3 years, 0.40 over 1 year and 0.36 over 5 years.
Is UIS a good diversifier for CXDO?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/cxdo-vs-uis.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cxdo-vs-uis/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CXDO correlations · UIS correlations
