COGT vs TULP: Correlation
How closely do Cogent Biosciences, Inc. (COGT) and Bloomia Holdings, Inc. (TULP) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COGT and TULP?
On 3 years of weekly data the COGT/TULP correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.31) sits close to the 3-year figure. The 5-year figure is -0.04, and annualized covariance runs at -1242.0 %².
Out of 13 assets tracked against COGT, TULP lands near the bottom at #12. Correlation aside, the last 12 months split them widely, with COGT ahead by 240.2 points (+199.8% versus -40.4%). Note the risk asymmetry: COGT runs 2.0 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.
COGT vs TULP: side by side
| COGT (Cogent Biosciences, Inc.) | TULP (Bloomia Holdings, Inc.) | |
|---|---|---|
| 1-year return | +199.8% | -40.4% |
| 5-year return | +355.1% | -59.8% |
| Volatility (ann.) | 106.0% | 52.9% |
| Beta vs S&P 500 | 0.78 | 0.08 |
| Max drawdown (3Y) | -69.0% | -53.2% |
| 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 | TULP |
|---|---|---|
| 2022 | +34.7% | -66.2% |
| 2023 | -49.1% | -41.0% |
| 2024 | +32.7% | +5.2% |
| 2025 | +355.4% | -28.9% |
| 2026 | +4.4% | -1.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COGT and TULP good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between COGT and TULP?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.31 over the last year and -0.04 over 5 years.
Is TULP a good diversifier for COGT?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/cogt-vs-tulp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cogt-vs-tulp/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: COGT correlations · TULP correlations
