NXTT vs VNRX: Correlation
Next Technology Holding Inc. (NXTT) and VolitionRX Limited (VNRX) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NXTT and VNRX?
Over the past 3 years, NXTT and VNRX moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.33) than the 3-year average (-0.22). Over 5 years the correlation is -0.21, and the annualized covariance of weekly returns is -172226.9 %².
Among the 31 assets we track against NXTT, VNRX ranks #26 by 3-year correlation. Their 12-month results are close: -94.3% for NXTT against -96.3% for VNRX. Risk is not evenly split, since NXTT carries 76.2 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.
NXTT vs VNRX: side by side
| NXTT (Next Technology Holding Inc.) | VNRX (VolitionRX Limited) | |
|---|---|---|
| 1-year return | -94.3% | -96.3% |
| 5-year return | -100.0% | -99.2% |
| Volatility (ann.) | 7704.0% | 101.1% |
| Beta vs S&P 500 | 8.14 | 0.87 |
| Max drawdown (3Y) | -100.0% | -98.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NXTT | VNRX |
|---|---|---|
| 2022 | – | -22.6% |
| 2023 | -93.9% | -70.4% |
| 2024 | -36.6% | -16.7% |
| 2025 | -98.8% | -56.7% |
| 2026 | +14.6% | -90.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NXTT and VNRX good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between NXTT and VNRX?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.33 over the last year and -0.21 over 5 years.
Is VNRX a good diversifier for NXTT?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/nxtt-vs-vnrx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/nxtt-vs-vnrx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NXTT correlations · VNRX correlations
