COGT vs NDRA: Correlation
Cogent Biosciences, Inc. (COGT) and ENDRA Life Sciences Inc. (NDRA) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COGT and NDRA?
Over the past 3 years, COGT and NDRA moved with a correlation of 0.38, which is moderate. The relationship has been stable: the 1-year correlation (0.38) sits close to the 3-year figure. Over 5 years the correlation is 0.34, and the annualized covariance of weekly returns is 6002.7 %².
Among the 13 assets we track against COGT, NDRA ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months COGT outperformed by 168.3 percentage points (+199.8% for COGT against +31.5% for NDRA).
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 NDRA: side by side
| COGT (Cogent Biosciences, Inc.) | NDRA (ENDRA Life Sciences Inc.) | |
|---|---|---|
| 1-year return | +199.8% | +31.5% |
| 5-year return | +355.1% | -100.0% |
| Volatility (ann.) | 106.0% | 150.8% |
| Beta vs S&P 500 | 0.78 | 1.41 |
| Max drawdown (3Y) | -69.0% | -99.9% |
| Market cap | $6.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COGT | NDRA |
|---|---|---|
| 2022 | +34.7% | -70.6% |
| 2023 | -49.1% | -47.9% |
| 2024 | +32.7% | -99.8% |
| 2025 | +355.4% | -27.6% |
| 2026 | +4.4% | +19.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COGT and NDRA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between COGT and NDRA?
The COGT/NDRA correlation stands at 0.38 on a 3-year window (1 year: 0.38, 5 years: 0.34), computed from weekly returns as of 2026-08-27.
Is NDRA a good diversifier for COGT?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
A reading of 0.38 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-ndra.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cogt-vs-ndra/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: COGT correlations · NDRA correlations
