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CLPT vs QURE: Correlation

Measured on weekly returns over the past three years, ClearPoint Neuro Inc. (CLPT) and uniQure N.V. (QURE) carry a correlation of 0.71, a strong link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.71
strong
Correlation (1Y)
0.86
last 12 months
Correlation (5Y)
0.66
long-run
Ann. covariance
14082.5
%² · weekly, annualized

How correlated are CLPT and QURE?

Over the past 3 years, CLPT and QURE moved with a correlation of 0.71, which is strong. The link has tightened recently: the 1-year correlation (0.86) runs above the 3-year figure (0.71). Over 5 years the correlation is 0.66, and the annualized covariance of weekly returns is 14082.5 %².

In CLPT's tracked universe of 19 assets, QURE sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months QURE outperformed by 164.9 percentage points (+49.8% for CLPT against +214.7% for QURE). Note the risk asymmetry: QURE runs 2.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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 QURE: side by side

CLPT (ClearPoint Neuro Inc.)QURE (uniQure N.V.)
1-year return+49.8%+214.7%
5-year return-12.5%+72.6%
Volatility (ann.)91.6%215.4%
Beta vs S&P 5001.761.70
Max drawdown (3Y)-70.7%-87.2%
Market cap$0.5B$3.4B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: CLPT -70.7% vs -87.2%Higher 5y return: QURE +72.6% vs -12.5%
-23%0%+277%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. CLPT · QURE

Year-by-year returns

YearCLPTQURE
2022-24.5%+9.3%
2023-19.8%-70.1%
2024+126.5%+160.9%
2025-11.1%+35.5%
2026+16.5%+107.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CLPT and QURE good diversifiers for each other?

Only partially. A correlation of 0.71 means CLPT and QURE 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 CLPT and QURE?

As of 2026-08-27, the correlation of weekly returns between CLPT and QURE is 0.71 over 3 years, 0.86 over 1 year and 0.66 over 5 years.

Is QURE a good diversifier for CLPT?

Only partially. A correlation of 0.71 means CLPT and QURE share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.71 mean?

A reading of 0.71 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/clpt-vs-qure.json

CLPT vs QURE: 3-year weekly correlation 0.71CLPT vs QURE0.71

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Related comparisons

Hubs: CLPT correlations · QURE correlations