AEYE vs DCOY: Correlation
AudioEye, Inc. (AEYE) and Decoy Therapeutics Inc. (DCOY) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEYE and DCOY?
On 3 years of weekly data the AEYE/DCOY correlation comes out at 0.36, moderate. Little has changed lately, as the 1-year reading of 0.28 lands near the 3-year figure. The 5-year figure is 0.28, and annualized covariance runs at 3704.1 %².
By 3-year correlation, DCOY places #12 of the 17 assets tracked against AEYE. Their recent paths diverged sharply: over the last 12 months AEYE outperformed by 54.4 percentage points (-41.4% for AEYE against -95.8% for DCOY).
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.
AEYE vs DCOY: side by side
| AEYE (AudioEye, Inc.) | DCOY (Decoy Therapeutics Inc.) | |
|---|---|---|
| 1-year return | -41.4% | -95.8% |
| 5-year return | -44.5% | -100.0% |
| Volatility (ann.) | 86.5% | 120.2% |
| Beta vs S&P 500 | 2.63 | 1.56 |
| Max drawdown (3Y) | -83.9% | -99.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AEYE | DCOY |
|---|---|---|
| 2022 | -45.4% | -87.7% |
| 2023 | +41.5% | -57.5% |
| 2024 | +180.6% | -64.6% |
| 2025 | -34.3% | -97.6% |
| 2026 | -28.0% | -61.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEYE and DCOY good diversifiers for each other?
Reasonably. At 0.36, AEYE and DCOY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AEYE and DCOY?
As of 2026-08-27, the correlation of weekly returns between AEYE and DCOY is 0.36 over 3 years, 0.28 over 1 year and 0.28 over 5 years.
Is DCOY a good diversifier for AEYE?
Reasonably. At 0.36, AEYE and DCOY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 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/aeye-vs-dcoy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aeye-vs-dcoy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AEYE correlations · DCOY correlations
