DRMA vs YIBO: Correlation
Dermata Therapeutics, Inc. (DRMA) and Planet Image International Limited - Class A (YIBO) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRMA and YIBO?
Across a 3-year window, the weekly returns of DRMA and YIBO correlate at 0.36, moderate. The relationship has been stable: the 1-year correlation (0.34) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 3458.4 %².
Among the 13 assets we track against DRMA, YIBO ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with YIBO ahead by 66.5 points (-72.4% versus -5.9%).
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 YIBO: side by side
| DRMA (Dermata Therapeutics, Inc.) | YIBO (Planet Image International Limited - Class A) | |
|---|---|---|
| 1-year return | -72.4% | -5.9% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 90.1% | 109.6% |
| Beta vs S&P 500 | 1.23 | 0.81 |
| Max drawdown (3Y) | -99.4% | -85.6% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DRMA | YIBO |
|---|---|---|
| 2022 | -76.5% | – |
| 2023 | -90.7% | – |
| 2024 | -85.2% | – |
| 2025 | -82.8% | -72.1% |
| 2026 | -37.1% | +26.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRMA and YIBO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DRMA and YIBO?
The DRMA/YIBO correlation stands at 0.36 on a 3-year window (1 year: 0.34, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is YIBO a good diversifier for DRMA?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 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
$ curl https://www.pairbook.io/api/v1/pairs/drma-vs-yibo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/drma-vs-yibo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DRMA correlations · YIBO correlations
