COGT vs CYPH: Correlation
Cogent Biosciences, Inc. (COGT) and Cypherpunk Technologies Inc. (CYPH) show a strong relationship: their 3-year correlation of weekly returns is 0.65.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COGT and CYPH?
Over the past 3 years, COGT and CYPH moved with a correlation of 0.65, which is strong. The past 12 months show a tighter link (0.90) than the 3-year average (0.65). Over 5 years the correlation is 0.54, and the annualized covariance of weekly returns is 22181.8 %².
Few assets follow COGT as closely as CYPH, which ranks #1 of 13 tracked partners. Their recent paths diverged sharply: over the last 12 months CYPH outperformed by 349.7 percentage points (+199.8% for COGT against +549.5% for CYPH). Risk is not evenly split, since CYPH carries 3.0 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.
COGT vs CYPH: side by side
| COGT (Cogent Biosciences, Inc.) | CYPH (Cypherpunk Technologies Inc.) | |
|---|---|---|
| 1-year return | +199.8% | +549.5% |
| 5-year return | +355.1% | -89.0% |
| Volatility (ann.) | 106.0% | 319.9% |
| Beta vs S&P 500 | 0.78 | 1.42 |
| Max drawdown (3Y) | -69.0% | -94.9% |
| Market cap | $6.4B | $0.2B |
| P/E (trailing) | – | 3.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COGT | CYPH |
|---|---|---|
| 2022 | +34.7% | -86.1% |
| 2023 | -49.1% | -7.9% |
| 2024 | +32.7% | -30.6% |
| 2025 | +355.4% | -59.7% |
| 2026 | +4.4% | +62.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COGT and CYPH good diversifiers for each other?
To a limited degree. At 0.65 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between COGT and CYPH?
Using weekly returns as of 2026-08-27: 0.65 over 3 years, with 0.90 over the last year and 0.54 over 5 years.
Is CYPH a good diversifier for COGT?
To a limited degree. At 0.65 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.65 mean?
A reading of 0.65 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
$ curl https://www.pairbook.io/api/v1/pairs/cogt-vs-cyph.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cogt-vs-cyph/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: COGT correlations · CYPH correlations
