CAPR vs PMCB: Correlation
Capricor Therapeutics, Inc. (CAPR) and PharmaCyte Biotech, Inc. (PMCB) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CAPR and PMCB?
On 3 years of weekly data the CAPR/PMCB correlation comes out at 0.49, moderate. The past 12 months show a tighter link (0.66) than the 3-year average (0.49). The 5-year figure is 0.45, and annualized covariance runs at 8248.6 %².
In CAPR's tracked universe of 17 assets, PMCB sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months CAPR outperformed by 105.3 percentage points (+61.0% for CAPR against -44.3% for PMCB). Risk is not evenly split, since CAPR carries 4.4 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.
CAPR vs PMCB: side by side
| CAPR (Capricor Therapeutics, Inc.) | PMCB (PharmaCyte Biotech, Inc.) | |
|---|---|---|
| 1-year return | +61.0% | -44.3% |
| 5-year return | +132.9% | -83.6% |
| Volatility (ann.) | 272.5% | 62.1% |
| Beta vs S&P 500 | 2.07 | 0.92 |
| Max drawdown (3Y) | -89.1% | -80.3% |
| Market cap | $0.6B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CAPR | PMCB |
|---|---|---|
| 2022 | +31.7% | +17.2% |
| 2023 | +26.7% | -26.3% |
| 2024 | +182.2% | -27.3% |
| 2025 | +109.1% | -53.9% |
| 2026 | -65.1% | -25.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CAPR and PMCB good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CAPR and PMCB?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.66 over the last year and 0.45 over 5 years.
Is PMCB a good diversifier for CAPR?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: CAPR correlations · PMCB correlations
