CRBU vs HIND: Correlation
How closely do Caribou Biosciences, Inc. (CRBU) and Vyome Holdings, Inc. (HIND) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRBU and HIND?
On 3 years of weekly data the CRBU/HIND correlation comes out at 0.32, moderate. Recent behaviour matches the longer record: 0.26 over 1 year against 0.32 over 3. The 5-year figure is 0.25, and annualized covariance runs at 2802.0 %².
HIND is close to the least connected end of CRBU's tracked universe, ranking #14 of 17. Their recent paths diverged sharply: over the last 12 months CRBU outperformed by 63.0 percentage points (-16.2% for CRBU against -79.2% for HIND).
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.
CRBU vs HIND: side by side
| CRBU (Caribou Biosciences, Inc.) | HIND (Vyome Holdings, Inc.) | |
|---|---|---|
| 1-year return | -16.2% | -79.2% |
| 5-year return | -93.2% | -100.0% |
| Volatility (ann.) | 80.5% | 107.5% |
| Beta vs S&P 500 | 2.52 | 1.58 |
| Max drawdown (3Y) | -91.1% | -100.0% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRBU | HIND |
|---|---|---|
| 2022 | -58.4% | -91.8% |
| 2023 | -8.8% | -96.3% |
| 2024 | -72.3% | -69.2% |
| 2025 | +0.0% | -99.2% |
| 2026 | +4.4% | -35.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRBU and HIND good diversifiers for each other?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CRBU and HIND?
Using weekly returns as of 2026-08-27: 0.32 over 3 years, with 0.26 over the last year and 0.25 over 5 years.
Is HIND a good diversifier for CRBU?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.32 mean?
A reading of 0.32 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/crbu-vs-hind.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crbu-vs-hind/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRBU correlations · HIND correlations
