CLPT vs ZVRA: Correlation
How closely do ClearPoint Neuro Inc. (CLPT) and Zevra Therapeutics, Inc. (ZVRA) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLPT and ZVRA?
Across a 3-year window, the weekly returns of CLPT and ZVRA correlate at 0.44, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.54 versus 0.44 over 3 years. Stretching to 5 years gives 0.40, with an annualized covariance of 2472.3 %².
Within CLPT's tracked universe of 19 assets, ZVRA comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CLPT ahead by 23.2 points (+49.8% versus +26.6%).
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 ZVRA: side by side
| CLPT (ClearPoint Neuro Inc.) | ZVRA (Zevra Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +49.8% | +26.6% |
| 5-year return | -12.5% | +33.0% |
| Volatility (ann.) | 91.6% | 61.3% |
| Beta vs S&P 500 | 1.76 | 0.96 |
| Max drawdown (3Y) | -70.7% | -43.5% |
| Market cap | $0.5B | $0.7B |
| P/E (trailing) | – | 12.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CLPT | ZVRA |
|---|---|---|
| 2022 | -24.5% | -47.3% |
| 2023 | -19.8% | +42.7% |
| 2024 | +126.5% | +27.3% |
| 2025 | -11.1% | +7.4% |
| 2026 | +16.5% | +32.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLPT and ZVRA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CLPT and ZVRA?
As of 2026-08-27, the correlation of weekly returns between CLPT and ZVRA is 0.44 over 3 years, 0.54 over 1 year and 0.40 over 5 years.
Is ZVRA a good diversifier for CLPT?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 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-zvra.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/clpt-vs-zvra/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CLPT correlations · ZVRA correlations
