ICCC vs PSQH: Correlation
How closely do ImmuCell Corporation (ICCC) and PSQ Holdings, Inc. (PSQH) trade together? Their weekly returns over three years give a correlation of 0.28, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ICCC and PSQH?
Across a 3-year window, the weekly returns of ICCC and PSQH correlate at 0.28, weak. Little has changed lately, as the 1-year reading of 0.20 lands near the 3-year figure. Stretching to 5 years gives 0.20, with an annualized covariance of 1242.6 %².
Few assets follow ICCC as closely as PSQH, which ranks #1 of 13 tracked partners. Correlation aside, the last 12 months split them widely, with ICCC ahead by 138.8 points (+64.3% versus -74.5%). Risk is not evenly split, since PSQH carries 2.2 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.
ICCC vs PSQH: side by side
| ICCC (ImmuCell Corporation) | PSQH (PSQ Holdings, Inc.) | |
|---|---|---|
| 1-year return | +64.3% | -74.5% |
| 5-year return | +10.8% | -95.6% |
| Volatility (ann.) | 45.2% | 99.9% |
| Beta vs S&P 500 | 0.01 | 2.13 |
| Max drawdown (3Y) | -40.0% | -98.4% |
| Market cap | $0.1B | – |
| P/E (trailing) | 143.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ICCC | PSQH |
|---|---|---|
| 2022 | -23.8% | +3.1% |
| 2023 | -16.6% | -47.3% |
| 2024 | +1.2% | -13.4% |
| 2025 | +19.4% | -77.3% |
| 2026 | +62.9% | -59.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ICCC and PSQH good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ICCC and PSQH?
As of 2026-08-27, the correlation of weekly returns between ICCC and PSQH is 0.28 over 3 years, 0.20 over 1 year and 0.20 over 5 years.
Is PSQH a good diversifier for ICCC?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.28 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/iccc-vs-psqh.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/iccc-vs-psqh/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ICCC correlations · PSQH correlations
