CAPR vs QCLS: Correlation
How closely do Capricor Therapeutics, Inc. (CAPR) and Q/C Technologies, Inc. (QCLS) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CAPR and QCLS?
Across a 3-year window, the weekly returns of CAPR and QCLS correlate at 0.48, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.65 versus 0.48 over 3 years. Stretching to 5 years gives 0.36, with an annualized covariance of 14368.3 %².
By 3-year correlation, QCLS places #4 of the 17 assets tracked against CAPR. Correlation aside, the last 12 months split them widely, with CAPR ahead by 134.7 points (+61.0% versus -73.7%). One caveat on sizing: CAPR is 2.5 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.
CAPR vs QCLS: side by side
| CAPR (Capricor Therapeutics, Inc.) | QCLS (Q/C Technologies, Inc.) | |
|---|---|---|
| 1-year return | +61.0% | -73.7% |
| 5-year return | +132.9% | -100.0% |
| Volatility (ann.) | 272.5% | 108.9% |
| Beta vs S&P 500 | 2.07 | 0.87 |
| Max drawdown (3Y) | -89.1% | -99.9% |
| 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 | QCLS |
|---|---|---|
| 2022 | +31.7% | -81.0% |
| 2023 | +26.7% | -77.5% |
| 2024 | +182.2% | -85.2% |
| 2025 | +109.1% | -96.5% |
| 2026 | -65.1% | -40.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CAPR and QCLS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CAPR and QCLS?
As of 2026-08-27, the correlation of weekly returns between CAPR and QCLS is 0.48 over 3 years, 0.65 over 1 year and 0.36 over 5 years.
Is QCLS a good diversifier for CAPR?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
A reading of 0.48 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/capr-vs-qcls.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/capr-vs-qcls/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CAPR correlations · QCLS correlations
