DH vs STXS: Correlation
How closely do Definitive Healthcare Corp. (DH) and Stereotaxis, Inc. (STXS) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DH and STXS?
Across a 3-year window, the weekly returns of DH and STXS correlate at 0.45, moderate. The relationship has been stable: the 1-year correlation (0.36) sits close to the 3-year figure. Stretching to 5 years gives 0.40, with an annualized covariance of 1510.8 %².
By 3-year correlation, STXS places #6 of the 14 assets tracked against DH. Their recent paths diverged sharply: over the last 12 months STXS outperformed by 31.0 percentage points (-79.8% for DH against -48.8% for STXS).
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.
DH vs STXS: side by side
| DH (Definitive Healthcare Corp.) | STXS (Stereotaxis, Inc.) | |
|---|---|---|
| 1-year return | -79.8% | -48.8% |
| 5-year return | -98.1% | -76.8% |
| Volatility (ann.) | 65.1% | 51.7% |
| Beta vs S&P 500 | 1.74 | 1.07 |
| Max drawdown (3Y) | -93.9% | -64.7% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DH | STXS |
|---|---|---|
| 2022 | -59.8% | -66.6% |
| 2023 | -9.6% | -15.5% |
| 2024 | -58.7% | +30.3% |
| 2025 | -30.2% | +0.9% |
| 2026 | -71.6% | -36.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DH and STXS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DH and STXS?
As of 2026-08-27, the correlation of weekly returns between DH and STXS is 0.45 over 3 years, 0.36 over 1 year and 0.40 over 5 years.
Is STXS a good diversifier for DH?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 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/dh-vs-stxs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dh-vs-stxs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DH correlations · STXS correlations
