CTXR vs HYPD: Correlation
Measured on weekly returns over the past three years, Citius Pharmaceuticals, Inc. (CTXR) and Hyperion DeFi, Inc. (HYPD) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTXR and HYPD?
Over the past 3 years, CTXR and HYPD moved with a correlation of 0.39, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.14 versus 0.39 over 3 years. Over 5 years the correlation is 0.36, and the annualized covariance of weekly returns is 8470.6 %².
By 3-year correlation, HYPD places #4 of the 10 assets tracked against CTXR. On 12-month performance HYPD holds a 6.6-point edge, -54.1% against -47.5%. One caveat on sizing: HYPD is 2.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CTXR vs HYPD: side by side
| CTXR (Citius Pharmaceuticals, Inc.) | HYPD (Hyperion DeFi, Inc.) | |
|---|---|---|
| 1-year return | -54.1% | -47.5% |
| 5-year return | -98.9% | -99.1% |
| Volatility (ann.) | 101.2% | 215.9% |
| Beta vs S&P 500 | 2.04 | 3.08 |
| Max drawdown (3Y) | -98.1% | -99.5% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CTXR | HYPD |
|---|---|---|
| 2022 | -48.7% | -59.3% |
| 2023 | -4.2% | +27.6% |
| 2024 | -78.9% | -93.0% |
| 2025 | -80.6% | -69.5% |
| 2026 | -19.0% | +1.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTXR and HYPD good diversifiers for each other?
Reasonably. At 0.39, CTXR and HYPD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CTXR and HYPD?
The CTXR/HYPD correlation stands at 0.39 on a 3-year window (1 year: 0.14, 5 years: 0.36), computed from weekly returns as of 2026-08-27.
Is HYPD a good diversifier for CTXR?
Reasonably. At 0.39, CTXR and HYPD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
A reading of 0.39 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/ctxr-vs-hypd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ctxr-vs-hypd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CTXR correlations · HYPD correlations
