FUBO vs NRXP: Correlation
FuboTV Inc. (FUBO) and NRX Pharmaceuticals, Inc. (NRXP) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FUBO and NRXP?
Over the past 3 years, FUBO and NRXP moved with a correlation of 0.39, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.11 versus 0.39 over 3 years. Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 7300.2 %².
By 3-year correlation, NRXP places #13 of the 28 assets tracked against FUBO. Their recent paths diverged sharply: over the last 12 months NRXP outperformed by 115.6 percentage points (-75.3% for FUBO against +40.3% for NRXP).
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.
FUBO vs NRXP: side by side
| FUBO (FuboTV Inc.) | NRXP (NRX Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | -75.3% | +40.3% |
| 5-year return | -96.9% | -97.5% |
| Volatility (ann.) | 164.3% | 112.5% |
| Beta vs S&P 500 | 0.34 | 1.30 |
| Max drawdown (3Y) | -87.7% | -83.5% |
| Market cap | $0.3B | $0.2B |
| P/E (trailing) | 2.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FUBO | NRXP |
|---|---|---|
| 2022 | -88.8% | -76.8% |
| 2023 | +82.8% | -58.6% |
| 2024 | -60.4% | -52.2% |
| 2025 | +100.0% | +23.2% |
| 2026 | -66.6% | +33.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FUBO and NRXP good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FUBO and NRXP?
The FUBO/NRXP correlation stands at 0.39 on a 3-year window (1 year: 0.11, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is NRXP a good diversifier for FUBO?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 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/fubo-vs-nrxp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fubo-vs-nrxp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FUBO correlations · NRXP correlations
