FEMY vs NEUP: Correlation
Measured on weekly returns over the past three years, Femasys Inc. (FEMY) and Neuphoria Therapeutics Inc. (NEUP) carry a correlation of 0.57, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FEMY and NEUP?
On 3 years of weekly data the FEMY/NEUP correlation comes out at 0.57, moderate. The link has loosened recently: the 1-year correlation (0.37) runs below the 3-year figure (0.57). The 5-year figure is 0.53, and annualized covariance runs at 45196.0 %².
In FEMY's tracked universe of 32 assets, NEUP sits right near the top at #2. Twelve-month performance is nearly a tie, at -61.2% for FEMY and -63.1% for NEUP. One caveat on sizing: FEMY is 3.3 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.
FEMY vs NEUP: side by side
| FEMY (Femasys Inc.) | NEUP (Neuphoria Therapeutics Inc.) | |
|---|---|---|
| 1-year return | -61.2% | -63.1% |
| 5-year return | -98.0% | -97.9% |
| Volatility (ann.) | 509.3% | 155.4% |
| Beta vs S&P 500 | -0.49 | 1.23 |
| Max drawdown (3Y) | -97.2% | -95.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FEMY | NEUP |
|---|---|---|
| 2022 | -76.9% | -62.9% |
| 2023 | +8.3% | -68.2% |
| 2024 | +12.8% | -80.7% |
| 2025 | -47.6% | +13.1% |
| 2026 | -75.8% | -2.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FEMY and NEUP good diversifiers for each other?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between FEMY and NEUP?
As of 2026-08-27, the correlation of weekly returns between FEMY and NEUP is 0.57 over 3 years, 0.37 over 1 year and 0.53 over 5 years.
Is NEUP a good diversifier for FEMY?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.57 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/femy-vs-neup.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: FEMY correlations · NEUP correlations
