CPHC vs VKTX: Correlation
Canterbury Park Holding Corporation (CPHC) and Viking Therapeutics, Inc. (VKTX) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPHC and VKTX?
Over the past 3 years, CPHC and VKTX moved with a correlation of 0.37, which is moderate. The relationship has been stable: the 1-year correlation (0.37) sits close to the 3-year figure. Over 5 years the correlation is 0.12, and the annualized covariance of weekly returns is 1108.2 %².
In CPHC's tracked universe of 13 assets, VKTX sits right near the top at #2. Correlation aside, the last 12 months split them widely, with VKTX ahead by 30.5 points (-3.3% versus +27.2%). Risk is not evenly split, since VKTX carries 3.7 times the volatility of the other side.
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.
CPHC vs VKTX: side by side
| CPHC (Canterbury Park Holding Corporation) | VKTX (Viking Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -3.3% | +27.2% |
| 5-year return | +6.8% | +417.7% |
| Volatility (ann.) | 28.1% | 105.3% |
| Beta vs S&P 500 | 0.10 | 1.66 |
| Max drawdown (3Y) | -48.8% | -78.9% |
| Market cap | $0.1B | $3.9B |
| P/E (trailing) | 793.5 | – |
| Dividend yield | 1.76% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CPHC | VKTX |
|---|---|---|
| 2022 | +83.8% | +104.3% |
| 2023 | -33.8% | +98.0% |
| 2024 | +1.7% | +116.2% |
| 2025 | -23.6% | -12.6% |
| 2026 | +4.0% | -3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPHC and VKTX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CPHC and VKTX?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.37 over the last year and 0.12 over 5 years.
Is VKTX a good diversifier for CPHC?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/cphc-vs-vktx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cphc-vs-vktx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CPHC correlations · VKTX correlations
