COOK vs DARE: Correlation
Traeger, Inc. (COOK) and Dare Bioscience, Inc. (DARE) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COOK and DARE?
On 3 years of weekly data the COOK/DARE correlation comes out at 0.41, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.63 versus 0.41 over 3 years. The 5-year figure is 0.35, and annualized covariance runs at 2936.5 %².
By 3-year correlation, DARE places #6 of the 11 assets tracked against COOK. The last year tells two different stories: COOK led by 51.8 percentage points, -11.6% for COOK against -63.4% for DARE.
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.
COOK vs DARE: side by side
| COOK (Traeger, Inc.) | DARE (Dare Bioscience, Inc.) | |
|---|---|---|
| 1-year return | -11.6% | -63.4% |
| 5-year return | -95.7% | -96.5% |
| Volatility (ann.) | 75.7% | 94.9% |
| Beta vs S&P 500 | 1.90 | 1.76 |
| Max drawdown (3Y) | -89.1% | -91.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COOK | DARE |
|---|---|---|
| 2022 | -76.8% | -58.5% |
| 2023 | -3.2% | -62.8% |
| 2024 | -12.5% | -15.9% |
| 2025 | -54.8% | -38.1% |
| 2026 | +3.2% | -61.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COOK and DARE good diversifiers for each other?
Reasonably. At 0.41, COOK and DARE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between COOK and DARE?
The COOK/DARE correlation stands at 0.41 on a 3-year window (1 year: 0.63, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is DARE a good diversifier for COOK?
Reasonably. At 0.41, COOK and DARE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 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/cook-vs-dare.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cook-vs-dare/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: COOK correlations · DARE correlations