NIXX vs RKDA: Correlation
How closely do Nixxy, Inc. (NIXX) and Arcadia Biosciences, Inc. (RKDA) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NIXX and RKDA?
Across a 3-year window, the weekly returns of NIXX and RKDA correlate at 0.33, moderate. The past 12 months show a weaker link (-0.01) than the 3-year average (0.33). Stretching to 5 years gives 0.27, with an annualized covariance of 4047.9 %².
In NIXX's tracked universe of 10 assets, RKDA sits right near the top at #2. Correlation aside, the last 12 months split them widely, with NIXX ahead by 27.4 points (-59.2% versus -86.6%).
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.
NIXX vs RKDA: side by side
| NIXX (Nixxy, Inc.) | RKDA (Arcadia Biosciences, Inc.) | |
|---|---|---|
| 1-year return | -59.2% | -86.6% |
| 5-year return | -98.9% | -99.5% |
| Volatility (ann.) | 123.9% | 100.4% |
| Beta vs S&P 500 | 0.15 | 1.40 |
| Max drawdown (3Y) | -91.9% | -93.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NIXX | RKDA |
|---|---|---|
| 2022 | -84.0% | -73.9% |
| 2023 | -75.8% | -71.1% |
| 2024 | +246.1% | +89.1% |
| 2025 | -81.7% | -66.6% |
| 2026 | -32.4% | -74.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NIXX and RKDA good diversifiers for each other?
Reasonably. At 0.33, NIXX and RKDA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between NIXX and RKDA?
As of 2026-08-27, the correlation of weekly returns between NIXX and RKDA is 0.33 over 3 years, -0.01 over 1 year and 0.27 over 5 years.
Is RKDA a good diversifier for NIXX?
Reasonably. At 0.33, NIXX and RKDA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 mean?
A reading of 0.33 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/nixx-vs-rkda.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/nixx-vs-rkda/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NIXX correlations · RKDA correlations
