COCP vs WIMI: Correlation
Measured on weekly returns over the past three years, Cocrystal Pharma, Inc. (COCP) and WiMi Hologram Cloud Inc. - Class B (WIMI) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COCP and WIMI?
Across a 3-year window, the weekly returns of COCP and WIMI correlate at 0.34, moderate. The link has tightened recently: the 1-year correlation (0.53) runs above the 3-year figure (0.34). Stretching to 5 years gives 0.30, with an annualized covariance of 3129.7 %².
Few assets follow COCP as closely as WIMI, which ranks #1 of 10 tracked partners. The last year tells two different stories: COCP led by 38.4 percentage points, -26.5% for COCP against -64.9% for WIMI. Risk is not evenly split, since WIMI carries 1.6 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.
COCP vs WIMI: side by side
| COCP (Cocrystal Pharma, Inc.) | WIMI (WiMi Hologram Cloud Inc. - Class B) | |
|---|---|---|
| 1-year return | -26.5% | -64.9% |
| 5-year return | -91.4% | -96.7% |
| Volatility (ann.) | 75.4% | 121.5% |
| Beta vs S&P 500 | 1.06 | 1.79 |
| Max drawdown (3Y) | -74.8% | -95.3% |
| Market cap | – | – |
| P/E (trailing) | – | 0.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COCP | WIMI |
|---|---|---|
| 2022 | -75.0% | -75.7% |
| 2023 | -11.8% | +9.5% |
| 2024 | +17.4% | +128.4% |
| 2025 | -51.5% | -87.2% |
| 2026 | +16.3% | -42.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COCP and WIMI good diversifiers for each other?
Reasonably. At 0.34, COCP and WIMI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between COCP and WIMI?
As of 2026-08-27, the correlation of weekly returns between COCP and WIMI is 0.34 over 3 years, 0.53 over 1 year and 0.30 over 5 years.
Is WIMI a good diversifier for COCP?
Reasonably. At 0.34, COCP and WIMI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cocp-vs-wimi.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cocp-vs-wimi/)
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Related comparisons
Hubs: COCP correlations · WIMI correlations
