CXM vs DEC: Correlation
How closely do Sprinklr, Inc. (CXM) and Diversified Energy Company (DEC) trade together? Their weekly returns over three years give a correlation of -0.45, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CXM and DEC?
Over the past 3 years, CXM and DEC moved with a correlation of -0.45, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.19 versus -0.45 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is nan %².
Out of 13 assets tracked against CXM, DEC lands near the bottom at #13. Over the last 12 months DEC came out ahead by 7.6 percentage points (-8.3% against -0.7%).
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.
CXM vs DEC: side by side
| CXM (Sprinklr, Inc.) | DEC (Diversified Energy Company) | |
|---|---|---|
| 1-year return | -8.3% | -0.7% |
| 5-year return | -49.6% | n/a |
| Volatility (ann.) | 40.4% | n/a |
| Beta vs S&P 500 | 0.91 | nan |
| Max drawdown (3Y) | -71.1% | -36.6% |
| Market cap | – | $1.0B |
| P/E (trailing) | 61.1 | 2.5 |
| Dividend yield | 0.00% | 7.77% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CXM | DEC |
|---|---|---|
| 2022 | -48.5% | – |
| 2023 | +47.4% | +inf% |
| 2024 | -29.8% | +30.4% |
| 2025 | -7.9% | -4.7% |
| 2026 | +2.1% | +8.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CXM and DEC good diversifiers for each other?
By historical standards, yes. A correlation of -0.45 means the two rarely move for the same reasons.
FAQ
What is the correlation between CXM and DEC?
Using weekly returns as of 2026-08-27: -0.45 over 3 years, with 0.19 over the last year and n/a over 5 years.
Is DEC a good diversifier for CXM?
By historical standards, yes. A correlation of -0.45 means the two rarely move for the same reasons.
What does a correlation of -0.45 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/cxm-vs-dec.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cxm-vs-dec/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CXM correlations · DEC correlations
