CORT vs TROO: Correlation
How closely do Corcept Therapeutics Incorporated (CORT) and TROOPS, Inc. (TROO) trade together? Their weekly returns over three years give a correlation of -0.30, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CORT and TROO?
Across a 3-year window, the weekly returns of CORT and TROO correlate at -0.30, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.50) than the 3-year average (-0.30). Stretching to 5 years gives -0.22, with an annualized covariance of -2033.1 %².
TROO is close to the least connected end of CORT's tracked universe, ranking #11 of 11. Their recent paths diverged sharply: over the last 12 months TROO outperformed by 27.0 percentage points (+67.7% for CORT against +94.7% for TROO). Note the risk asymmetry: TROO runs 1.6 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.
CORT vs TROO: side by side
| CORT (Corcept Therapeutics Incorporated) | TROO (TROOPS, Inc.) | |
|---|---|---|
| 1-year return | +67.7% | +94.7% |
| 5-year return | +443.1% | -73.3% |
| Volatility (ann.) | 65.2% | 104.4% |
| Beta vs S&P 500 | 0.53 | 0.54 |
| Max drawdown (3Y) | -71.9% | -89.5% |
| Market cap | $12.6B | $0.3B |
| P/E (trailing) | 265.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CORT | TROO |
|---|---|---|
| 2022 | +2.6% | -55.6% |
| 2023 | +59.9% | +37.2% |
| 2024 | +55.1% | -45.2% |
| 2025 | -30.9% | +95.1% |
| 2026 | +236.0% | -31.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CORT and TROO good diversifiers for each other?
Yes. With a correlation of -0.30, CORT and TROO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CORT and TROO?
As of 2026-08-27, the correlation of weekly returns between CORT and TROO is -0.30 over 3 years, -0.50 over 1 year and -0.22 over 5 years.
Is TROO a good diversifier for CORT?
Yes. With a correlation of -0.30, CORT and TROO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.30 mean?
A reading of -0.30 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
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Related comparisons
Hubs: CORT correlations · TROO correlations
