CALC vs TULP: Correlation
CalciMedica, Inc. (CALC) and Bloomia Holdings, Inc. (TULP) show a negative relationship: their 3-year correlation of weekly returns is -0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CALC and TULP?
Across a 3-year window, the weekly returns of CALC and TULP correlate at -0.30, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.47) runs below the 3-year figure (-0.30). Stretching to 5 years gives n/a, with an annualized covariance of -1807.1 %².
Out of 10 assets tracked against CALC, TULP lands near the bottom at #10. Correlation aside, the last 12 months split them widely, with TULP ahead by 43.4 points (-83.8% versus -40.4%). Risk is not evenly split, since CALC carries 2.2 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.
CALC vs TULP: side by side
| CALC (CalciMedica, Inc.) | TULP (Bloomia Holdings, Inc.) | |
|---|---|---|
| 1-year return | -83.8% | -40.4% |
| 5-year return | n/a | -59.8% |
| Volatility (ann.) | 115.7% | 52.9% |
| Beta vs S&P 500 | 0.26 | 0.08 |
| Max drawdown (3Y) | -93.7% | -53.2% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CALC | TULP |
|---|---|---|
| 2022 | – | -66.2% |
| 2023 | – | -41.0% |
| 2024 | +23.8% | +5.2% |
| 2025 | +86.2% | -28.9% |
| 2026 | -92.9% | -1.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CALC and TULP good diversifiers for each other?
Yes: at -0.30, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CALC and TULP?
Using weekly returns as of 2026-08-27: -0.30 over 3 years, with -0.47 over the last year and n/a over 5 years.
Is TULP a good diversifier for CALC?
Yes: at -0.30, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.30 mean?
On the −1 to +1 scale, -0.30 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/calc-vs-tulp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/calc-vs-tulp/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CALC correlations · TULP correlations
