NRXS vs PRE: Correlation
Measured on weekly returns over the past three years, Neuraxis, Inc. (NRXS) and Prenetics Global Limited - Class A (PRE) carry a correlation of 0.31, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NRXS and PRE?
On 3 years of weekly data the NRXS/PRE correlation comes out at 0.31, moderate. The link has loosened recently: the 1-year correlation (0.16) runs below the 3-year figure (0.31). The 5-year figure is n/a, and annualized covariance runs at 2287.0 %².
Within NRXS's tracked universe of 12 assets, PRE comes in at #7 by 3-year correlation. The last year tells two different stories: PRE led by 105.9 percentage points, +148.8% for NRXS against +254.7% for PRE.
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.
NRXS vs PRE: side by side
| NRXS (Neuraxis, Inc.) | PRE (Prenetics Global Limited - Class A) | |
|---|---|---|
| 1-year return | +148.8% | +254.7% |
| 5-year return | n/a | -76.5% |
| Volatility (ann.) | 82.2% | 88.4% |
| Beta vs S&P 500 | 0.96 | 0.46 |
| Max drawdown (3Y) | -69.2% | -64.9% |
| Market cap | $0.1B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NRXS | PRE |
|---|---|---|
| 2022 | – | -74.0% |
| 2023 | – | -80.3% |
| 2024 | -12.0% | -1.9% |
| 2025 | +93.2% | +171.6% |
| 2026 | +32.6% | +66.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NRXS and PRE good diversifiers for each other?
Reasonably. At 0.31, NRXS and PRE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between NRXS and PRE?
As of 2026-08-27, the correlation of weekly returns between NRXS and PRE is 0.31 over 3 years, 0.16 over 1 year and n/a over 5 years.
Is PRE a good diversifier for NRXS?
Reasonably. At 0.31, NRXS and PRE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.31 mean?
On the −1 to +1 scale, 0.31 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/nrxs-vs-pre.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/nrxs-vs-pre/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NRXS correlations · PRE correlations
