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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

Correlation (3Y)
-0.23
negative
Correlation (1Y)
-0.32
last 12 months
Correlation (5Y)
-0.21
long-run
Ann. covariance
-1019.8
%² · weekly, annualized

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 5000.150.92
Max drawdown (3Y)-89.5%-34.6%
Market cap$0.1B$0.9B
P/E (trailing)16.4
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: TBPH -34.6% vs -89.5%Higher 5y return: TBPH +102.9% vs -72.9%
-71%0%+47%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). DTCX · TBPH

Year-by-year returns

YearDTCXTBPH
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

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DTCX vs TBPH: 3-year weekly correlation -0.23DTCX vs TBPH-0.23

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Related comparisons

Hubs: DTCX correlations · TBPH correlations