EYPT vs SGA: Correlation
Measured on weekly returns over the past three years, EyePoint, Inc. (EYPT) and Saga Communications, Inc. (SGA) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EYPT and SGA?
Over the past 3 years, EYPT and SGA moved with a correlation of 0.34, which is moderate. Little has changed lately, as the 1-year reading of 0.34 lands near the 3-year figure. Over 5 years the correlation is 0.26, and the annualized covariance of weekly returns is 1471.8 %².
By 3-year correlation, SGA places #16 of the 21 assets tracked against EYPT. The last year tells two different stories: SGA led by 37.6 percentage points, -60.9% for EYPT against -23.3% for SGA. Note the risk asymmetry: EYPT runs 4.6 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.
EYPT vs SGA: side by side
| EYPT (EyePoint, Inc.) | SGA (Saga Communications, Inc.) | |
|---|---|---|
| 1-year return | -60.9% | -23.3% |
| 5-year return | -54.3% | -34.9% |
| Volatility (ann.) | 141.5% | 30.7% |
| Beta vs S&P 500 | 2.40 | 0.43 |
| Max drawdown (3Y) | -86.1% | -58.1% |
| Market cap | $0.4B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 10.95% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EYPT | SGA |
|---|---|---|
| 2022 | -71.4% | +16.8% |
| 2023 | +560.3% | +6.8% |
| 2024 | -67.8% | -45.9% |
| 2025 | +145.2% | +12.4% |
| 2026 | -74.7% | -18.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EYPT and SGA good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between EYPT and SGA?
As of 2026-08-27, the correlation of weekly returns between EYPT and SGA is 0.34 over 3 years, 0.34 over 1 year and 0.26 over 5 years.
Is SGA a good diversifier for EYPT?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
A reading of 0.34 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-sga.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/eypt-vs-sga/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EYPT correlations · SGA correlations
