CAPR vs WRB: Correlation
Measured on weekly returns over the past three years, Capricor Therapeutics, Inc. (CAPR) and W. R. Berkley Corporation (WRB) carry a correlation of -0.29, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CAPR and WRB?
On 3 years of weekly data the CAPR/WRB correlation comes out at -0.29, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.54) runs below the 3-year figure (-0.29). The 5-year figure is -0.21, and annualized covariance runs at -1751.8 %².
WRB is close to the least connected end of CAPR's tracked universe, ranking #14 of 17. Their recent paths diverged sharply: over the last 12 months CAPR outperformed by 63.0 percentage points (+61.0% for CAPR against -2.0% for WRB). One caveat on sizing: CAPR is 12.1 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 WRB: side by side
| CAPR (Capricor Therapeutics, Inc.) | WRB (W. R. Berkley Corporation) | |
|---|---|---|
| 1-year return | +61.0% | -2.0% |
| 5-year return | +132.9% | +130.5% |
| Volatility (ann.) | 272.5% | 22.5% |
| Beta vs S&P 500 | 2.07 | 0.19 |
| Max drawdown (3Y) | -89.1% | -17.6% |
| Market cap | $0.6B | $25.4B |
| P/E (trailing) | – | 14.1 |
| Dividend yield | 0.00% | 0.54% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | CAPR | WRB |
|---|---|---|
| 2022 | +31.7% | +33.9% |
| 2023 | +26.7% | +0.2% |
| 2024 | +182.2% | +27.2% |
| 2025 | +109.1% | +23.0% |
| 2026 | -65.1% | -1.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CAPR and WRB good diversifiers for each other?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CAPR and WRB?
Using weekly returns as of 2026-08-27: -0.29 over 3 years, with -0.54 over the last year and -0.21 over 5 years.
Is WRB a good diversifier for CAPR?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.29 mean?
A reading of -0.29 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-wrb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/capr-vs-wrb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CAPR correlations · WRB correlations
