NNVC vs REBN: Correlation
NanoViricides, Inc. (NNVC) and Reborn Coffee, Inc. (REBN) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NNVC and REBN?
Over the past 3 years, NNVC and REBN moved with a correlation of 0.33, which is moderate. The past 12 months show a weaker link (0.20) than the 3-year average (0.33). Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 4221.6 %².
By 3-year correlation, REBN places #5 of the 11 assets tracked against NNVC. Their recent paths diverged sharply: over the last 12 months NNVC outperformed by 42.9 percentage points (-9.9% for NNVC against -52.8% for REBN). One caveat on sizing: REBN is 2.0 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.
NNVC vs REBN: side by side
| NNVC (NanoViricides, Inc.) | REBN (Reborn Coffee, Inc.) | |
|---|---|---|
| 1-year return | -9.9% | -52.8% |
| 5-year return | -66.8% | n/a |
| Volatility (ann.) | 79.5% | 162.3% |
| Beta vs S&P 500 | 0.87 | 1.65 |
| Max drawdown (3Y) | -74.3% | -87.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NNVC | REBN |
|---|---|---|
| 2022 | -70.2% | – |
| 2023 | -8.1% | -30.5% |
| 2024 | +40.2% | -63.6% |
| 2025 | -21.0% | -10.2% |
| 2026 | +13.3% | -10.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NNVC and REBN good diversifiers for each other?
Reasonably. At 0.33, NNVC and REBN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between NNVC and REBN?
As of 2026-08-27, the correlation of weekly returns between NNVC and REBN is 0.33 over 3 years, 0.20 over 1 year and 0.29 over 5 years.
Is REBN a good diversifier for NNVC?
Reasonably. At 0.33, NNVC and REBN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 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/nnvc-vs-rebn.json
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[](https://www.pairbook.io/pair/nnvc-vs-rebn/)
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Hubs: NNVC correlations · REBN correlations
