CGON vs PRPO: Correlation
How closely do CG Oncology, Inc. (CGON) and Precipio, Inc. (PRPO) trade together? Their weekly returns over three years give a correlation of 0.30, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CGON and PRPO?
On 3 years of weekly data the CGON/PRPO correlation comes out at 0.30, moderate. Little has changed lately, as the 1-year reading of 0.24 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 1312.1 %².
Out of 17 assets tracked against CGON, PRPO lands near the bottom at #14. Correlation aside, the last 12 months split them widely, with CGON ahead by 106.5 points (+198.4% versus +91.9%).
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.
CGON vs PRPO: side by side
| CGON (CG Oncology, Inc.) | PRPO (Precipio, Inc.) | |
|---|---|---|
| 1-year return | +198.4% | +91.9% |
| 5-year return | n/a | -55.4% |
| Volatility (ann.) | 61.8% | 71.4% |
| Beta vs S&P 500 | 1.57 | 0.51 |
| Max drawdown (3Y) | -67.5% | -55.6% |
| Market cap | $7.0B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CGON | PRPO |
|---|---|---|
| 2022 | – | -65.1% |
| 2023 | – | -41.0% |
| 2024 | – | -14.8% |
| 2025 | +44.8% | +314.8% |
| 2026 | +90.3% | +27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CGON and PRPO good diversifiers for each other?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CGON and PRPO?
As of 2026-08-27, the correlation of weekly returns between CGON and PRPO is 0.30 over 3 years, 0.24 over 1 year and n/a over 5 years.
Is PRPO a good diversifier for CGON?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.30 mean?
A reading of 0.30 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/cgon-vs-prpo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cgon-vs-prpo/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CGON correlations · PRPO correlations
