DUOL vs MYO: Correlation
How closely do Duolingo, Inc. (DUOL) and Myomo Inc. (MYO) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DUOL and MYO?
On 3 years of weekly data the DUOL/MYO correlation comes out at 0.37, moderate. The link has loosened recently: the 1-year correlation (0.23) runs below the 3-year figure (0.37). The 5-year figure is 0.28, and annualized covariance runs at 2319.8 %².
Among the 13 assets we track against DUOL, MYO ranks #7 by 3-year correlation. The last year tells two different stories: MYO led by 103.3 percentage points, -55.1% for DUOL against +48.2% for MYO. One caveat on sizing: MYO is 1.6 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.
DUOL vs MYO: side by side
| DUOL (Duolingo, Inc.) | MYO (Myomo Inc.) | |
|---|---|---|
| 1-year return | -55.1% | +48.2% |
| 5-year return | +11.0% | -84.2% |
| Volatility (ann.) | 62.1% | 99.7% |
| Beta vs S&P 500 | 1.55 | 1.92 |
| Max drawdown (3Y) | -83.3% | -90.8% |
| Market cap | $6.7B | $0.1B |
| P/E (trailing) | 16.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DUOL | MYO |
|---|---|---|
| 2022 | -33.0% | -92.5% |
| 2023 | +218.9% | +880.4% |
| 2024 | +42.9% | +28.5% |
| 2025 | -45.9% | -85.9% |
| 2026 | -18.6% | +82.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DUOL and MYO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DUOL and MYO?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.23 over the last year and 0.28 over 5 years.
Is MYO a good diversifier for DUOL?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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
$ curl https://www.pairbook.io/api/v1/pairs/duol-vs-myo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/duol-vs-myo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DUOL correlations · MYO correlations
