DCOY vs TRON: Correlation
How closely do Decoy Therapeutics Inc. (DCOY) and Tron Inc. (TRON) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DCOY and TRON?
Over the past 3 years, DCOY and TRON moved with a correlation of 0.36, which is moderate. The relationship has been stable: the 1-year correlation (0.28) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 17873.8 %².
Within DCOY's tracked universe of 10 assets, TRON comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TRON outperformed by 39.0 percentage points (-95.8% for DCOY against -56.8% for TRON). Note the risk asymmetry: TRON runs 3.4 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.
DCOY vs TRON: side by side
| DCOY (Decoy Therapeutics Inc.) | TRON (Tron Inc.) | |
|---|---|---|
| 1-year return | -95.8% | -56.8% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 120.2% | 408.5% |
| Beta vs S&P 500 | 1.56 | 0.10 |
| Max drawdown (3Y) | -99.8% | -91.5% |
| Market cap | – | $1.0B |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DCOY | TRON |
|---|---|---|
| 2022 | -87.7% | – |
| 2023 | -57.5% | – |
| 2024 | -64.6% | -59.4% |
| 2025 | -97.6% | +97.1% |
| 2026 | -61.9% | +72.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DCOY and TRON good diversifiers for each other?
Reasonably. At 0.36, DCOY and TRON keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DCOY and TRON?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.28 over the last year and n/a over 5 years.
Is TRON a good diversifier for DCOY?
Reasonably. At 0.36, DCOY and TRON keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 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/dcoy-vs-tron.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dcoy-vs-tron/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DCOY correlations · TRON correlations
