ALT vs EYPT: Correlation
How closely do Altimmune, Inc. (ALT) and EyePoint, Inc. (EYPT) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALT and EYPT?
On 3 years of weekly data the ALT/EYPT correlation comes out at 0.50, moderate. The past 12 months show a weaker link (0.09) than the 3-year average (0.50). The 5-year figure is 0.40, and annualized covariance runs at 6705.3 %².
In ALT's tracked universe of 13 assets, EYPT sits right near the top at #2. Correlation aside, the last 12 months split them widely, with ALT ahead by 49.2 points (-11.7% versus -60.9%).
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.
ALT vs EYPT: side by side
| ALT (Altimmune, Inc.) | EYPT (EyePoint, Inc.) | |
|---|---|---|
| 1-year return | -11.7% | -60.9% |
| 5-year return | -77.0% | -54.3% |
| Volatility (ann.) | 94.4% | 141.5% |
| Beta vs S&P 500 | 1.91 | 2.40 |
| Max drawdown (3Y) | -81.2% | -86.1% |
| Market cap | $0.6B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ALT | EYPT |
|---|---|---|
| 2022 | +79.6% | -71.4% |
| 2023 | -31.6% | +560.3% |
| 2024 | -35.9% | -67.8% |
| 2025 | -49.9% | +145.2% |
| 2026 | -10.2% | -74.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALT and EYPT good diversifiers for each other?
Only partially. A correlation of 0.50 means ALT and EYPT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ALT and EYPT?
The ALT/EYPT correlation stands at 0.50 on a 3-year window (1 year: 0.09, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is EYPT a good diversifier for ALT?
Only partially. A correlation of 0.50 means ALT and EYPT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 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/alt-vs-eypt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/alt-vs-eypt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ALT correlations · EYPT correlations
