CAPR vs SWBI: Correlation
Measured on weekly returns over the past three years, Capricor Therapeutics, Inc. (CAPR) and Smith & Wesson Brands, Inc. (SWBI) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CAPR and SWBI?
Across a 3-year window, the weekly returns of CAPR and SWBI correlate at 0.37, moderate. The link has tightened recently: the 1-year correlation (0.56) runs above the 3-year figure (0.37). Stretching to 5 years gives 0.30, with an annualized covariance of 4010.9 %².
By 3-year correlation, SWBI places #8 of the 17 assets tracked against CAPR. The trailing year gives SWBI the advantage: +61.0% versus +66.4%, a 5.4-point spread. Note the risk asymmetry: CAPR runs 6.8 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.
CAPR vs SWBI: side by side
| CAPR (Capricor Therapeutics, Inc.) | SWBI (Smith & Wesson Brands, Inc.) | |
|---|---|---|
| 1-year return | +61.0% | +66.4% |
| 5-year return | +132.9% | -34.9% |
| Volatility (ann.) | 272.5% | 39.8% |
| Beta vs S&P 500 | 2.07 | 0.30 |
| Max drawdown (3Y) | -89.1% | -54.2% |
| Market cap | $0.6B | $0.6B |
| P/E (trailing) | – | 32.7 |
| Dividend yield | 0.00% | 3.89% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CAPR | SWBI |
|---|---|---|
| 2022 | +31.7% | -49.6% |
| 2023 | +26.7% | +62.2% |
| 2024 | +182.2% | -22.5% |
| 2025 | +109.1% | +3.1% |
| 2026 | -65.1% | +34.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CAPR and SWBI good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CAPR and SWBI?
The CAPR/SWBI correlation stands at 0.37 on a 3-year window (1 year: 0.56, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is SWBI a good diversifier for CAPR?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/capr-vs-swbi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/capr-vs-swbi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CAPR correlations · SWBI correlations
