CORT vs SYNX: Correlation
Corcept Therapeutics Incorporated (CORT) and Silynxcom Ltd. (SYNX) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CORT and SYNX?
On 3 years of weekly data the CORT/SYNX correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.14 over 1 year against -0.23 over 3. The 5-year figure is n/a, and annualized covariance runs at -1385.5 %².
Among the 11 assets we track against CORT, SYNX sits near the bottom by co-movement, at rank #9. Their recent paths diverged sharply: over the last 12 months CORT outperformed by 106.7 percentage points (+67.7% for CORT against -39.0% for SYNX).
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.
CORT vs SYNX: side by side
| CORT (Corcept Therapeutics Incorporated) | SYNX (Silynxcom Ltd.) | |
|---|---|---|
| 1-year return | +67.7% | -39.0% |
| 5-year return | +443.1% | n/a |
| Volatility (ann.) | 65.2% | 91.1% |
| Beta vs S&P 500 | 0.53 | 1.24 |
| Max drawdown (3Y) | -71.9% | -84.7% |
| Market cap | $12.6B | – |
| P/E (trailing) | 265.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CORT | SYNX |
|---|---|---|
| 2022 | +2.6% | – |
| 2023 | +59.9% | – |
| 2024 | +55.1% | – |
| 2025 | -30.9% | -70.4% |
| 2026 | +236.0% | -5.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CORT and SYNX good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CORT and SYNX?
The CORT/SYNX correlation stands at -0.23 on a 3-year window (1 year: -0.14, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SYNX a good diversifier for CORT?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: CORT correlations · SYNX correlations
