DRMA vs PSIG: Correlation
How closely do Dermata Therapeutics, Inc. (DRMA) and PS International Group Ltd. (PSIG) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRMA and PSIG?
Across a 3-year window, the weekly returns of DRMA and PSIG correlate at -0.22, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.14 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -3089.8 %².
Out of 13 assets tracked against DRMA, PSIG lands near the bottom at #12. Correlation aside, the last 12 months split them widely, with PSIG ahead by 18.5 points (-72.4% versus -53.9%). Note the risk asymmetry: PSIG runs 1.7 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.
DRMA vs PSIG: side by side
| DRMA (Dermata Therapeutics, Inc.) | PSIG (PS International Group Ltd.) | |
|---|---|---|
| 1-year return | -72.4% | -53.9% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 90.1% | 157.0% |
| Beta vs S&P 500 | 1.23 | 0.97 |
| Max drawdown (3Y) | -99.4% | -96.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DRMA | PSIG |
|---|---|---|
| 2022 | -76.5% | – |
| 2023 | -90.7% | – |
| 2024 | -85.2% | – |
| 2025 | -82.8% | +8.3% |
| 2026 | -37.1% | -62.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRMA and PSIG good diversifiers for each other?
Yes. With a correlation of -0.22, DRMA and PSIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DRMA and PSIG?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.14 over the last year and n/a over 5 years.
Is PSIG a good diversifier for DRMA?
Yes. With a correlation of -0.22, DRMA and PSIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
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Related comparisons
Hubs: DRMA correlations · PSIG correlations
