EYPT vs KMDA: Correlation
How closely do EyePoint, Inc. (EYPT) and Kamada Ltd. (KMDA) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EYPT and KMDA?
Over the past 3 years, EYPT and KMDA moved with a correlation of 0.47, which is moderate. The past 12 months show a weaker link (-0.04) than the 3-year average (0.47). Over 5 years the correlation is 0.35, and the annualized covariance of weekly returns is 2439.9 %².
Among the 21 assets we track against EYPT, KMDA ranks #8 by 3-year correlation. Correlation aside, the last 12 months split them widely, with KMDA ahead by 80.3 points (-60.9% versus +19.4%). Risk is not evenly split, since EYPT carries 3.9 times the volatility of the other side.
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.
EYPT vs KMDA: side by side
| EYPT (EyePoint, Inc.) | KMDA (Kamada Ltd.) | |
|---|---|---|
| 1-year return | -60.9% | +19.4% |
| 5-year return | -54.3% | +62.4% |
| Volatility (ann.) | 141.5% | 36.7% |
| Beta vs S&P 500 | 2.40 | 0.75 |
| Max drawdown (3Y) | -86.1% | -28.9% |
| Market cap | $0.4B | $0.5B |
| P/E (trailing) | – | 22.3 |
| Dividend yield | 0.00% | 3.05% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EYPT | KMDA |
|---|---|---|
| 2022 | -71.4% | -39.1% |
| 2023 | +560.3% | +52.6% |
| 2024 | -67.8% | -0.5% |
| 2025 | +145.2% | +19.2% |
| 2026 | -74.7% | +20.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EYPT and KMDA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between EYPT and KMDA?
The EYPT/KMDA correlation stands at 0.47 on a 3-year window (1 year: -0.04, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is KMDA a good diversifier for EYPT?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 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/eypt-vs-kmda.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/eypt-vs-kmda/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EYPT correlations · KMDA correlations
