NSC vs WNW: Correlation
Measured on weekly returns over the past three years, Norfolk Southern (NSC) and Meiwu Technology Company Limited (WNW) carry a correlation of -0.16, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NSC and WNW?
Over the past 3 years, NSC and WNW moved with a correlation of -0.16, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.16 lands near the 3-year figure. Over 5 years the correlation is -0.09, and the annualized covariance of weekly returns is -604.7 %².
By 3-year correlation, WNW places #23 of the 32 assets tracked against NSC. Their recent paths diverged sharply: over the last 12 months NSC outperformed by 128.1 percentage points (+30.0% for NSC against -98.1% for WNW). Risk is not evenly split, since WNW carries 7.6 times the volatility of the other side.
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.
NSC vs WNW: side by side
| NSC (Norfolk Southern) | WNW (Meiwu Technology Company Limited) | |
|---|---|---|
| 1-year return | +30.0% | -98.1% |
| 5-year return | +49.6% | -100.0% |
| Volatility (ann.) | 22.0% | 167.8% |
| Beta vs S&P 500 | 0.69 | 1.36 |
| Max drawdown (3Y) | -25.1% | -100.0% |
| Market cap | $78.1B | $0.1B |
| P/E (trailing) | 30.1 | – |
| Dividend yield | 1.53% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | NSC | WNW |
|---|---|---|
| 2022 | -15.6% | -91.9% |
| 2023 | -1.6% | -49.4% |
| 2024 | +1.6% | -38.5% |
| 2025 | +25.6% | -96.7% |
| 2026 | +22.0% | -97.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NSC and WNW good diversifiers for each other?
Yes: at -0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between NSC and WNW?
The NSC/WNW correlation stands at -0.16 on a 3-year window (1 year: -0.16, 5 years: -0.09), computed from weekly returns as of 2026-08-27.
Is WNW a good diversifier for NSC?
Yes: at -0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.16 mean?
On the −1 to +1 scale, -0.16 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/nsc-vs-wnw.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/nsc-vs-wnw/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: NSC correlations · WNW correlations
