DXR vs SSM: Correlation
Daxor Corporation - Closed End Fund (DXR) and Sono Group N.V. (SSM) show a moderate relationship: their 3-year correlation of weekly returns is 0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DXR and SSM?
On 3 years of weekly data the DXR/SSM correlation comes out at 0.31, moderate. The past 12 months show a weaker link (0.02) than the 3-year average (0.31). The 5-year figure is 0.26, and annualized covariance runs at 14655.4 %².
Among the 10 assets we track against DXR, SSM ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DXR outperformed by 35.8 percentage points (-14.7% for DXR against -50.5% for SSM). One caveat on sizing: SSM is 30.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
DXR vs SSM: side by side
| DXR (Daxor Corporation - Closed End Fund) | SSM (Sono Group N.V.) | |
|---|---|---|
| 1-year return | -14.7% | -50.5% |
| 5-year return | +1.8% | -99.9% |
| Volatility (ann.) | 39.6% | 1204.8% |
| Beta vs S&P 500 | 0.48 | 0.56 |
| Max drawdown (3Y) | -39.9% | -99.4% |
| Market cap | $0.1B | – |
| P/E (trailing) | 6.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DXR | SSM |
|---|---|---|
| 2022 | -18.9% | -89.8% |
| 2023 | +4.8% | -93.9% |
| 2024 | -19.9% | -16.7% |
| 2025 | +91.8% | +86.7% |
| 2026 | -34.4% | -61.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DXR and SSM good diversifiers for each other?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DXR and SSM?
Using weekly returns as of 2026-08-27: 0.31 over 3 years, with 0.02 over the last year and 0.26 over 5 years.
Is SSM a good diversifier for DXR?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.31 mean?
On the −1 to +1 scale, 0.31 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/dxr-vs-ssm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dxr-vs-ssm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DXR correlations · SSM correlations
