DTCX vs TBPH: Correlation
Datacentrex, Inc. (DTCX) and Theravance Biopharma, Inc. (TBPH) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DTCX and TBPH?
On 3 years of weekly data the DTCX/TBPH correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.32 over 1 year against -0.23 over 3. The 5-year figure is -0.21, and annualized covariance runs at -1019.8 %².
Among the 15 assets we track against DTCX, TBPH sits near the bottom by co-movement, at rank #13. The last year tells two different stories: TBPH led by 68.2 percentage points, -44.7% for DTCX against +23.5% for TBPH. Risk is not evenly split, since DTCX carries 2.4 times the volatility of the other side.
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.
DTCX vs TBPH: side by side
| DTCX (Datacentrex, Inc.) | TBPH (Theravance Biopharma, Inc.) | |
|---|---|---|
| 1-year return | -44.7% | +23.5% |
| 5-year return | -72.9% | +102.9% |
| Volatility (ann.) | 103.9% | 42.5% |
| Beta vs S&P 500 | 0.15 | 0.92 |
| Max drawdown (3Y) | -89.5% | -34.6% |
| Market cap | $0.1B | $0.9B |
| P/E (trailing) | – | 16.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DTCX | TBPH |
|---|---|---|
| 2022 | – | +1.5% |
| 2023 | -15.5% | +0.2% |
| 2024 | -42.8% | -16.3% |
| 2025 | -19.8% | +98.8% |
| 2026 | -1.5% | -8.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DTCX and TBPH good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DTCX and TBPH?
As of 2026-08-27, the correlation of weekly returns between DTCX and TBPH is -0.23 over 3 years, -0.32 over 1 year and -0.21 over 5 years.
Is TBPH a good diversifier for DTCX?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
A reading of -0.23 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/dtcx-vs-tbph.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dtcx-vs-tbph/)
No key needed, free to use. Full endpoint list in the API documentation.
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Hubs: DTCX correlations · TBPH correlations