COCP vs CYCN: Correlation
How closely do Cocrystal Pharma, Inc. (COCP) and Cyclerion Therapeutics, Inc. (CYCN) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COCP and CYCN?
Over the past 3 years, COCP and CYCN moved with a correlation of 0.33, which is moderate. The link has tightened recently: the 1-year correlation (0.66) runs above the 3-year figure (0.33). Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 5210.3 %².
Few assets follow COCP as closely as CYCN, which ranks #2 of 10 tracked partners. Correlation aside, the last 12 months split them widely, with CYCN ahead by 81.8 points (-26.5% versus +55.3%). Note the risk asymmetry: CYCN runs 2.8 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.
COCP vs CYCN: side by side
| COCP (Cocrystal Pharma, Inc.) | CYCN (Cyclerion Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -26.5% | +55.3% |
| 5-year return | -91.4% | -93.7% |
| Volatility (ann.) | 75.4% | 208.6% |
| Beta vs S&P 500 | 1.06 | 1.03 |
| Max drawdown (3Y) | -74.8% | -83.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COCP | CYCN |
|---|---|---|
| 2022 | -75.0% | -61.9% |
| 2023 | -11.8% | -74.5% |
| 2024 | +17.4% | -3.9% |
| 2025 | -51.5% | -60.6% |
| 2026 | +16.3% | +214.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COCP and CYCN 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 COCP and CYCN?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.66 over the last year and 0.31 over 5 years.
Is CYCN a good diversifier for COCP?
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?
On the −1 to +1 scale, 0.33 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: COCP correlations · CYCN correlations
