CLPT vs DRIO: Correlation
ClearPoint Neuro Inc. (CLPT) and DarioHealth Corp. (DRIO) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLPT and DRIO?
On 3 years of weekly data the CLPT/DRIO correlation comes out at 0.49, moderate. The link has tightened recently: the 1-year correlation (0.71) runs above the 3-year figure (0.49). The 5-year figure is 0.50, and annualized covariance runs at 4787.0 %².
Within CLPT's tracked universe of 19 assets, DRIO comes in at #4 by 3-year correlation. The last year tells two different stories: CLPT led by 79.4 percentage points, +49.8% for CLPT against -29.6% for DRIO.
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.
CLPT vs DRIO: side by side
| CLPT (ClearPoint Neuro Inc.) | DRIO (DarioHealth Corp.) | |
|---|---|---|
| 1-year return | +49.8% | -29.6% |
| 5-year return | -12.5% | -97.3% |
| Volatility (ann.) | 91.6% | 106.1% |
| Beta vs S&P 500 | 1.76 | 0.92 |
| Max drawdown (3Y) | -70.7% | -91.2% |
| Market cap | $0.5B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CLPT | DRIO |
|---|---|---|
| 2022 | -24.5% | -67.0% |
| 2023 | -19.8% | -59.8% |
| 2024 | +126.5% | -54.3% |
| 2025 | -11.1% | -27.6% |
| 2026 | +16.5% | -40.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLPT and DRIO good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CLPT and DRIO?
As of 2026-08-27, the correlation of weekly returns between CLPT and DRIO is 0.49 over 3 years, 0.71 over 1 year and 0.50 over 5 years.
Is DRIO a good diversifier for CLPT?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/clpt-vs-drio.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/clpt-vs-drio/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CLPT correlations · DRIO correlations
