CGTX vs HYFT: Correlation
Cognition Therapeutics, Inc. (CGTX) and MindWalk Holdings Corp. (HYFT) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CGTX and HYFT?
Over the past 3 years, CGTX and HYFT moved with a correlation of 0.33, which is moderate. Little has changed lately, as the 1-year reading of 0.36 lands near the 3-year figure. Over 5 years the correlation is 0.20, and the annualized covariance of weekly returns is 4856.0 %².
Among the 11 assets we track against CGTX, HYFT ranks #6 by 3-year correlation. The last year tells two different stories: HYFT led by 19.0 percentage points, -65.4% for CGTX against -46.4% for HYFT.
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.
CGTX vs HYFT: side by side
| CGTX (Cognition Therapeutics, Inc.) | HYFT (MindWalk Holdings Corp.) | |
|---|---|---|
| 1-year return | -65.4% | -46.4% |
| 5-year return | -91.7% | -80.2% |
| Volatility (ann.) | 134.0% | 110.1% |
| Beta vs S&P 500 | 2.37 | 1.42 |
| Max drawdown (3Y) | -90.9% | -86.3% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CGTX | HYFT |
|---|---|---|
| 2022 | -66.8% | -2.8% |
| 2023 | -11.9% | -67.2% |
| 2024 | -62.1% | -75.9% |
| 2025 | +92.6% | +341.7% |
| 2026 | -21.5% | -22.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CGTX and HYFT good diversifiers for each other?
Reasonably. At 0.33, CGTX and HYFT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CGTX and HYFT?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.36 over the last year and 0.20 over 5 years.
Is HYFT a good diversifier for CGTX?
Reasonably. At 0.33, CGTX and HYFT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 mean?
A reading of 0.33 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/cgtx-vs-hyft.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cgtx-vs-hyft/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CGTX correlations · HYFT correlations
