LAUR vs NXTC: Correlation
Measured on weekly returns over the past three years, Laureate Education, Inc. (LAUR) and NextCure, Inc. (NXTC) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAUR and NXTC?
Over the past 3 years, LAUR and NXTC moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.41) runs below the 3-year figure (-0.20). Over 5 years the correlation is -0.10, and the annualized covariance of weekly returns is -872.7 %².
Among the 10 assets we track against LAUR, NXTC sits near the bottom by co-movement, at rank #8. Correlation aside, the last 12 months split them widely, with LAUR ahead by 27.5 points (+42.8% versus +15.3%). One caveat on sizing: NXTC is 5.9 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.
LAUR vs NXTC: side by side
| LAUR (Laureate Education, Inc.) | NXTC (NextCure, Inc.) | |
|---|---|---|
| 1-year return | +42.8% | +15.3% |
| 5-year return | +426.4% | -93.2% |
| Volatility (ann.) | 27.2% | 160.1% |
| Beta vs S&P 500 | 0.57 | 1.18 |
| Max drawdown (3Y) | -16.3% | -94.6% |
| Market cap | $5.4B | – |
| P/E (trailing) | 17.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LAUR | NXTC |
|---|---|---|
| 2022 | -9.9% | -76.5% |
| 2023 | +50.2% | -19.1% |
| 2024 | +33.4% | -32.4% |
| 2025 | +84.1% | +53.4% |
| 2026 | +15.9% | -57.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAUR and NXTC good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between LAUR and NXTC?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.41 over the last year and -0.10 over 5 years.
Is NXTC a good diversifier for LAUR?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 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/laur-vs-nxtc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/laur-vs-nxtc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LAUR correlations · NXTC correlations
