NAGE vs REYN: Correlation
Niagen Bioscience, Inc. (NAGE) and Reynolds Consumer Products Inc. (REYN) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NAGE and REYN?
Across a 3-year window, the weekly returns of NAGE and REYN correlate at -0.23, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.27) sits close to the 3-year figure. Stretching to 5 years gives -0.05, with an annualized covariance of -383.2 %².
REYN is close to the least connected end of NAGE's tracked universe, ranking #12 of 12. The last year tells two different stories: REYN led by 76.8 percentage points, -67.1% for NAGE against +9.7% for REYN. Note the risk asymmetry: NAGE runs 3.7 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.
NAGE vs REYN: side by side
| NAGE (Niagen Bioscience, Inc.) | REYN (Reynolds Consumer Products Inc.) | |
|---|---|---|
| 1-year return | -67.1% | +9.7% |
| 5-year return | -61.2% | +1.4% |
| Volatility (ann.) | 78.5% | 21.1% |
| Beta vs S&P 500 | 0.93 | 0.24 |
| Max drawdown (3Y) | -79.5% | -33.4% |
| Market cap | $0.3B | $5.1B |
| P/E (trailing) | 17.8 | 14.8 |
| Dividend yield | 0.00% | 3.74% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NAGE | REYN |
|---|---|---|
| 2022 | -55.1% | -1.5% |
| 2023 | -14.9% | -7.5% |
| 2024 | +271.3% | +3.8% |
| 2025 | +19.8% | -11.7% |
| 2026 | -49.5% | +8.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NAGE and REYN good diversifiers for each other?
Yes. With a correlation of -0.23, NAGE and REYN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between NAGE and REYN?
As of 2026-08-27, the correlation of weekly returns between NAGE and REYN is -0.23 over 3 years, -0.27 over 1 year and -0.05 over 5 years.
Is REYN a good diversifier for NAGE?
Yes. With a correlation of -0.23, NAGE and REYN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
A reading of -0.23 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/nage-vs-reyn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/nage-vs-reyn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NAGE correlations · REYN correlations
