CELZ vs HYFM: Correlation
Creative Medical Technology Holdings, Inc. (CELZ) and Hydrofarm Holdings Group, Inc. (HYFM) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CELZ and HYFM?
On 3 years of weekly data the CELZ/HYFM correlation comes out at 0.55, moderate. The link has tightened recently: the 1-year correlation (0.77) runs above the 3-year figure (0.55). The 5-year figure is 0.35, and annualized covariance runs at 8751.4 %².
In CELZ's tracked universe of 12 assets, HYFM sits right near the top at #1. Correlation aside, the last 12 months split them widely, with CELZ ahead by 15.7 points (-64.8% versus -80.5%).
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.
CELZ vs HYFM: side by side
| CELZ (Creative Medical Technology Holdings, Inc.) | HYFM (Hydrofarm Holdings Group, Inc.) | |
|---|---|---|
| 1-year return | -64.8% | -80.5% |
| 5-year return | -99.2% | -99.8% |
| Volatility (ann.) | 107.6% | 148.0% |
| Beta vs S&P 500 | 1.42 | 2.71 |
| Max drawdown (3Y) | -89.9% | -96.6% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CELZ | HYFM |
|---|---|---|
| 2022 | -82.8% | -94.5% |
| 2023 | +21.0% | -40.8% |
| 2024 | -49.9% | -36.8% |
| 2025 | -15.2% | -74.0% |
| 2026 | -41.8% | -41.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CELZ and HYFM good diversifiers for each other?
Only partially. A correlation of 0.55 means CELZ and HYFM share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CELZ and HYFM?
As of 2026-08-27, the correlation of weekly returns between CELZ and HYFM is 0.55 over 3 years, 0.77 over 1 year and 0.35 over 5 years.
Is HYFM a good diversifier for CELZ?
Only partially. A correlation of 0.55 means CELZ and HYFM share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/celz-vs-hyfm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/celz-vs-hyfm/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CELZ correlations · HYFM correlations
