CAPR vs TGL: Correlation
Measured on weekly returns over the past three years, Capricor Therapeutics, Inc. (CAPR) and Treasure Global Inc. (TGL) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CAPR and TGL?
Across a 3-year window, the weekly returns of CAPR and TGL correlate at 0.44, moderate. The link has tightened recently: the 1-year correlation (0.68) runs above the 3-year figure (0.44). Stretching to 5 years gives 0.42, with an annualized covariance of 18719.6 %².
Among the 17 assets we track against CAPR, TGL ranks #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CAPR outperformed by 151.0 percentage points (+61.0% for CAPR against -90.0% for TGL). One caveat on sizing: CAPR is 1.8 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 TGL: side by side
| CAPR (Capricor Therapeutics, Inc.) | TGL (Treasure Global Inc.) | |
|---|---|---|
| 1-year return | +61.0% | -90.0% |
| 5-year return | +132.9% | n/a |
| Volatility (ann.) | 272.5% | 155.0% |
| Beta vs S&P 500 | 2.07 | 0.73 |
| Max drawdown (3Y) | -89.1% | -100.0% |
| 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 | TGL |
|---|---|---|
| 2022 | +31.7% | – |
| 2023 | +26.7% | -94.8% |
| 2024 | +182.2% | -97.2% |
| 2025 | +109.1% | -96.5% |
| 2026 | -65.1% | -58.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CAPR and TGL good diversifiers for each other?
Reasonably. At 0.44, CAPR and TGL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CAPR and TGL?
As of 2026-08-27, the correlation of weekly returns between CAPR and TGL is 0.44 over 3 years, 0.68 over 1 year and 0.42 over 5 years.
Is TGL a good diversifier for CAPR?
Reasonably. At 0.44, CAPR and TGL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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.
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Related comparisons
Hubs: CAPR correlations · TGL correlations
