DEC vs NRSN: Correlation
How closely do Diversified Energy Company (DEC) and NeuroSense Therapeutics Ltd. (NRSN) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DEC and NRSN?
Over the past 3 years, DEC and NRSN moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.19 over 1 year against -0.25 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is nan %².
By 3-year correlation, NRSN places #21 of the 27 assets tracked against DEC. Their recent paths diverged sharply: over the last 12 months DEC outperformed by 60.1 percentage points (-0.7% for DEC against -60.8% for NRSN).
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.
DEC vs NRSN: side by side
| DEC (Diversified Energy Company) | NRSN (NeuroSense Therapeutics Ltd.) | |
|---|---|---|
| 1-year return | -0.7% | -60.8% |
| 5-year return | n/a | -89.1% |
| Volatility (ann.) | n/a | 118.6% |
| Beta vs S&P 500 | nan | 1.68 |
| Max drawdown (3Y) | -36.6% | -85.9% |
| Market cap | $1.0B | – |
| P/E (trailing) | 2.5 | – |
| Dividend yield | 7.77% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DEC | NRSN |
|---|---|---|
| 2022 | – | -50.4% |
| 2023 | +inf% | -35.7% |
| 2024 | +30.4% | +52.9% |
| 2025 | -4.7% | -35.9% |
| 2026 | +8.5% | -42.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DEC and NRSN good diversifiers for each other?
Yes. With a correlation of -0.25, DEC and NRSN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DEC and NRSN?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.19 over the last year and n/a over 5 years.
Is NRSN a good diversifier for DEC?
Yes. With a correlation of -0.25, DEC and NRSN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 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/dec-vs-nrsn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dec-vs-nrsn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DEC correlations · NRSN correlations
