NXL vs SINT: Correlation
How closely do Nexalin Technology, Inc. (NXL) and SiNtx Technologies, Inc. (SINT) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NXL and SINT?
On 3 years of weekly data the NXL/SINT correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.10 lands near the 3-year figure. The 5-year figure is -0.13, and annualized covariance runs at -5084.3 %².
SINT is close to the least connected end of NXL's tracked universe, ranking #9 of 10. Over the last 12 months SINT came out ahead by 8.8 percentage points (-68.3% against -59.5%).
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.
NXL vs SINT: side by side
| NXL (Nexalin Technology, Inc.) | SINT (SiNtx Technologies, Inc.) | |
|---|---|---|
| 1-year return | -68.3% | -59.5% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 178.5% | 162.0% |
| Beta vs S&P 500 | 1.55 | 2.00 |
| Max drawdown (3Y) | -94.2% | -99.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NXL | SINT |
|---|---|---|
| 2022 | – | -84.9% |
| 2023 | -45.9% | -96.1% |
| 2024 | +581.5% | -95.4% |
| 2025 | -79.8% | +10.3% |
| 2026 | -54.3% | -60.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NXL and SINT good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between NXL and SINT?
The NXL/SINT correlation stands at -0.18 on a 3-year window (1 year: -0.10, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is SINT a good diversifier for NXL?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 mean?
A reading of -0.18 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/nxl-vs-sint.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/nxl-vs-sint/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NXL correlations · SINT correlations
