UNCY vs WBX: Correlation
Measured on weekly returns over the past three years, Unicycive Therapeutics, Inc. (UNCY) and Wallbox N.V. Class A (WBX) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are UNCY and WBX?
Over the past 3 years, UNCY and WBX moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.02) than the 3-year average (-0.21). Over 5 years the correlation is -0.07, and the annualized covariance of weekly returns is -17939.5 %².
Out of 10 assets tracked against UNCY, WBX lands near the bottom at #9. Their recent paths diverged sharply: over the last 12 months UNCY outperformed by 60.7 percentage points (+28.8% for UNCY against -31.9% for WBX). Risk is not evenly split, since WBX carries 11.0 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.
UNCY vs WBX: side by side
| UNCY (Unicycive Therapeutics, Inc.) | WBX (Wallbox N.V. Class A) | |
|---|---|---|
| 1-year return | +28.8% | -31.9% |
| 5-year return | -79.6% | -70.7% |
| Volatility (ann.) | 88.4% | 975.4% |
| Beta vs S&P 500 | 1.38 | 4.88 |
| Max drawdown (3Y) | -86.8% | -91.3% |
| Market cap | $0.2B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | UNCY | WBX |
|---|---|---|
| 2022 | -73.8% | -78.1% |
| 2023 | +60.7% | -51.1% |
| 2024 | -8.5% | -71.4% |
| 2025 | -27.3% | +367.1% |
| 2026 | -4.7% | +23.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are UNCY and WBX good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between UNCY and WBX?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.02 over the last year and -0.07 over 5 years.
Is WBX a good diversifier for UNCY?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/uncy-vs-wbx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/uncy-vs-wbx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: UNCY correlations · WBX correlations
