CLST vs PYPD: Correlation
Measured on weekly returns over the past three years, Catalyst Bancorp, Inc. (CLST) and PolyPid Ltd. (PYPD) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLST and PYPD?
On 3 years of weekly data the CLST/PYPD correlation comes out at 0.33, moderate. The relationship has been stable: the 1-year correlation (0.31) sits close to the 3-year figure. The 5-year figure is 0.23, and annualized covariance runs at 351.4 %².
Few assets follow CLST as closely as PYPD, which ranks #1 of 12 tracked partners. The trailing year gives PYPD the advantage: +35.9% versus +49.7%, a 13.8-point spread. Risk is not evenly split, since PYPD carries 6.2 times the volatility of the other side.
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.
CLST vs PYPD: side by side
| CLST (Catalyst Bancorp, Inc.) | PYPD (PolyPid Ltd.) | |
|---|---|---|
| 1-year return | +35.9% | +49.7% |
| 5-year return | +28.2% | -98.1% |
| Volatility (ann.) | 13.2% | 81.4% |
| Beta vs S&P 500 | 0.08 | 0.49 |
| Max drawdown (3Y) | -12.7% | -74.1% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | 31.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CLST | PYPD |
|---|---|---|
| 2022 | -7.1% | -87.8% |
| 2023 | -14.6% | -81.9% |
| 2024 | +8.6% | -20.0% |
| 2025 | +33.8% | +42.8% |
| 2026 | +10.4% | +18.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLST and PYPD good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CLST and PYPD?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.31 over the last year and 0.23 over 5 years.
Is PYPD a good diversifier for CLST?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 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/clst-vs-pypd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/clst-vs-pypd/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CLST correlations · PYPD correlations
