CURV vs NEUP: Correlation
Measured on weekly returns over the past three years, Torrid Holdings Inc. (CURV) and Neuphoria Therapeutics Inc. (NEUP) carry a correlation of 0.32, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CURV and NEUP?
Across a 3-year window, the weekly returns of CURV and NEUP correlate at 0.32, moderate. The link has loosened recently: the 1-year correlation (0.18) runs below the 3-year figure (0.32). Stretching to 5 years gives 0.27, with an annualized covariance of 4569.2 %².
Within CURV's tracked universe of 10 assets, NEUP comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CURV outperformed by 64.5 percentage points (+1.4% for CURV against -63.1% for NEUP). One caveat on sizing: NEUP is 1.7 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.
CURV vs NEUP: side by side
| CURV (Torrid Holdings Inc.) | NEUP (Neuphoria Therapeutics Inc.) | |
|---|---|---|
| 1-year return | +1.4% | -63.1% |
| 5-year return | -90.6% | -97.9% |
| Volatility (ann.) | 90.9% | 155.4% |
| Beta vs S&P 500 | 0.43 | 1.23 |
| Max drawdown (3Y) | -89.2% | -95.7% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CURV | NEUP |
|---|---|---|
| 2022 | -70.0% | -62.9% |
| 2023 | +94.9% | -68.2% |
| 2024 | -9.4% | -80.7% |
| 2025 | -81.3% | +13.1% |
| 2026 | +129.0% | -2.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CURV and NEUP good diversifiers for each other?
Reasonably. At 0.32, CURV and NEUP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CURV and NEUP?
The CURV/NEUP correlation stands at 0.32 on a 3-year window (1 year: 0.18, 5 years: 0.27), computed from weekly returns as of 2026-08-27.
Is NEUP a good diversifier for CURV?
Reasonably. At 0.32, CURV and NEUP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.32 mean?
On the −1 to +1 scale, 0.32 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
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Related comparisons
Hubs: CURV correlations · NEUP correlations
