PairBook
HomeAUDC › AUDC vs HYPR

AUDC vs HYPR: Correlation

Measured on weekly returns over the past three years, AudioCodes Ltd. (AUDC) and Hyperfine, Inc. (HYPR) carry a correlation of 0.39, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.39
moderate
Correlation (1Y)
0.21
last 12 months
Correlation (5Y)
0.24
long-run
Ann. covariance
1450.2
%² · weekly, annualized

How correlated are AUDC and HYPR?

On 3 years of weekly data the AUDC/HYPR correlation comes out at 0.39, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.21 versus 0.39 over 3 years. The 5-year figure is 0.24, and annualized covariance runs at 1450.2 %².

Among the 12 assets we track against AUDC, HYPR ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AUDC ahead by 45.7 points (+13.9% versus -31.8%). Note the risk asymmetry: HYPR runs 1.8 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.

AUDC vs HYPR: side by side

AUDC (AudioCodes Ltd.)HYPR (Hyperfine, Inc.)
1-year return+13.9%-31.8%
5-year return-62.9%-91.4%
Volatility (ann.)45.8%82.0%
Beta vs S&P 5001.241.26
Max drawdown (3Y)-46.4%-73.7%
Market cap$0.2B$0.1B
P/E (trailing)40.9
Dividend yield3.98%0.00%
Sector / categoryUS ListedUS Listed
Higher yield: AUDC 3.98% vs 0.00%Smaller drawdown: AUDC -46.4% vs -73.7%Higher 5y return: AUDC -62.9% vs -91.4%
-28%0%+60%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). AUDC · HYPR

Year-by-year returns

YearAUDCHYPR
2022-47.8%-88.4%
2023-30.7%+33.3%
2024-16.8%-21.4%
2025-7.1%+11.2%
2026+22.9%-13.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AUDC and HYPR good diversifiers for each other?

A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between AUDC and HYPR?

As of 2026-08-27, the correlation of weekly returns between AUDC and HYPR is 0.39 over 3 years, 0.21 over 1 year and 0.24 over 5 years.

Is HYPR a good diversifier for AUDC?

A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.39 mean?

A reading of 0.39 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/audc-vs-hypr.json

AUDC vs HYPR: 3-year weekly correlation 0.39AUDC vs HYPR0.39

Embed this badge (it refreshes with the data), with attribution:

[![AUDC vs HYPR correlation](https://www.pairbook.io/api/v1/badge/audc-vs-hypr.svg)](https://www.pairbook.io/pair/audc-vs-hypr/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: AUDC correlations · HYPR correlations