AYTU vs NEUP: Correlation
Measured on weekly returns over the past three years, Aytu BioPharma, Inc. (AYTU) and Neuphoria Therapeutics Inc. (NEUP) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AYTU and NEUP?
On 3 years of weekly data the AYTU/NEUP correlation comes out at 0.33, moderate. The past 12 months show a weaker link (0.00) than the 3-year average (0.33). The 5-year figure is 0.26, and annualized covariance runs at 4067.9 %².
By 3-year correlation, NEUP places #6 of the 14 assets tracked against AYTU. The last year tells two different stories: AYTU led by 59.2 percentage points, -3.9% for AYTU against -63.1% for NEUP. One caveat on sizing: NEUP is 1.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
AYTU vs NEUP: side by side
| AYTU (Aytu BioPharma, Inc.) | NEUP (Neuphoria Therapeutics Inc.) | |
|---|---|---|
| 1-year return | -3.9% | -63.1% |
| 5-year return | -97.0% | -97.9% |
| Volatility (ann.) | 80.5% | 155.4% |
| Beta vs S&P 500 | 1.44 | 1.23 |
| Max drawdown (3Y) | -70.2% | -95.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AYTU | NEUP |
|---|---|---|
| 2022 | -85.9% | -62.9% |
| 2023 | -25.3% | -68.2% |
| 2024 | -40.1% | -80.7% |
| 2025 | +52.9% | +13.1% |
| 2026 | -13.8% | -2.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AYTU and NEUP good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AYTU and NEUP?
As of 2026-08-27, the correlation of weekly returns between AYTU and NEUP is 0.33 over 3 years, 0.00 over 1 year and 0.26 over 5 years.
Is NEUP a good diversifier for AYTU?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 mean?
A reading of 0.33 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/aytu-vs-neup.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aytu-vs-neup/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AYTU correlations · NEUP correlations
