NXTS vs REVB: Correlation
How closely do Nexentis Technologies Inc. (NXTS) and Revelation Biosciences, Inc. (REVB) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NXTS and REVB?
Over the past 3 years, NXTS and REVB moved with a correlation of 0.44, which is moderate. The link has loosened recently: the 1-year correlation (0.25) runs below the 3-year figure (0.44). Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 28139.1 %².
Within NXTS's tracked universe of 24 assets, REVB comes in at #12 by 3-year correlation. On 12-month performance REVB holds a 5.7-point edge, -96.3% against -90.6%. Note the risk asymmetry: NXTS runs 5.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
NXTS vs REVB: side by side
| NXTS (Nexentis Technologies Inc.) | REVB (Revelation Biosciences, Inc.) | |
|---|---|---|
| 1-year return | -96.3% | -90.6% |
| 5-year return | -100.0% | -100.0% |
| Volatility (ann.) | 565.9% | 113.3% |
| Beta vs S&P 500 | 0.14 | 0.65 |
| Max drawdown (3Y) | -99.9% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | 0.2 | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NXTS | REVB |
|---|---|---|
| 2022 | -81.2% | -98.1% |
| 2023 | -62.2% | -92.5% |
| 2024 | -87.6% | -96.9% |
| 2025 | -80.6% | -96.4% |
| 2026 | -83.8% | -67.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NXTS and REVB good diversifiers for each other?
Reasonably. At 0.44, NXTS and REVB keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between NXTS and REVB?
The NXTS/REVB correlation stands at 0.44 on a 3-year window (1 year: 0.25, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is REVB a good diversifier for NXTS?
Reasonably. At 0.44, NXTS and REVB keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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/nxts-vs-revb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nxts-vs-revb/)
Free with attribution; caching and terms are described in the API documentation.
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Hubs: NXTS correlations · REVB correlations
