KGEI vs PYXS: Correlation
How closely do Kolibri Global Energy Inc. (KGEI) and Pyxis Oncology, Inc. (PYXS) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KGEI and PYXS?
Over the past 3 years, KGEI and PYXS moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.41 versus -0.23 over 3 years. Over 5 years the correlation is -0.05, and the annualized covariance of weekly returns is -1429.0 %².
Among the 27 assets we track against KGEI, PYXS ranks #16 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PYXS outperformed by 138.5 percentage points (+5.6% for KGEI against +144.1% for PYXS). Risk is not evenly split, since PYXS 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.
KGEI vs PYXS: side by side
| KGEI (Kolibri Global Energy Inc.) | PYXS (Pyxis Oncology, Inc.) | |
|---|---|---|
| 1-year return | +5.6% | +144.1% |
| 5-year return | +631.2% | -74.8% |
| Volatility (ann.) | 51.1% | 120.2% |
| Beta vs S&P 500 | 0.13 | 1.51 |
| Max drawdown (3Y) | -64.7% | -86.7% |
| Market cap | $0.2B | $0.3B |
| P/E (trailing) | 10.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KGEI | PYXS |
|---|---|---|
| 2022 | +391.7% | -87.8% |
| 2023 | +27.1% | +34.3% |
| 2024 | +41.9% | -13.3% |
| 2025 | -26.1% | -26.3% |
| 2026 | +48.9% | +188.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KGEI and PYXS good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between KGEI and PYXS?
As of 2026-08-27, the correlation of weekly returns between KGEI and PYXS is -0.23 over 3 years, -0.41 over 1 year and -0.05 over 5 years.
Is PYXS a good diversifier for KGEI?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 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/kgei-vs-pyxs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kgei-vs-pyxs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KGEI correlations · PYXS correlations
