MYSZ vs NXTT: Correlation
How closely do My Size, Inc. (MYSZ) and Next Technology Holding Inc. (NXTT) trade together? Their weekly returns over three years give a correlation of 0.93, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MYSZ and NXTT?
On 3 years of weekly data the MYSZ/NXTT correlation comes out at 0.93, very strong, meaning they move nearly in lockstep. Recent behaviour matches the longer record: 0.98 over 1 year against 0.93 over 3. The 5-year figure is 0.93, and annualized covariance runs at 4152921.4 %².
In MYSZ's tracked universe of 10 assets, NXTT sits right near the top at #3. Correlation aside, the last 12 months split them widely, with MYSZ ahead by 209.2 points (+114.9% versus -94.3%). Note the risk asymmetry: NXTT runs 13.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
MYSZ vs NXTT: side by side
| MYSZ (My Size, Inc.) | NXTT (Next Technology Holding Inc.) | |
|---|---|---|
| 1-year return | +114.9% | -94.3% |
| 5-year return | -98.8% | -100.0% |
| Volatility (ann.) | 577.7% | 7704.0% |
| Beta vs S&P 500 | 1.49 | 8.14 |
| Max drawdown (3Y) | -97.7% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MYSZ | NXTT |
|---|---|---|
| 2022 | -78.5% | – |
| 2023 | -75.2% | -93.9% |
| 2024 | -20.9% | -36.6% |
| 2025 | -82.2% | -98.8% |
| 2026 | +243.0% | +14.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MYSZ and NXTT good diversifiers for each other?
No: a correlation of 0.93 means MYSZ and NXTT tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between MYSZ and NXTT?
As of 2026-08-27, the correlation of weekly returns between MYSZ and NXTT is 0.93 over 3 years, 0.98 over 1 year and 0.93 over 5 years.
Is NXTT a good diversifier for MYSZ?
No: a correlation of 0.93 means MYSZ and NXTT tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.93 mean?
A reading of 0.93 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mysz-vs-nxtt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mysz-vs-nxtt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MYSZ correlations · NXTT correlations
