FRPT vs HIND: Correlation
Freshpet, Inc. (FRPT) and Vyome Holdings, Inc. (HIND) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FRPT and HIND?
On 3 years of weekly data the FRPT/HIND correlation comes out at 0.32, moderate. Little has changed lately, as the 1-year reading of 0.29 lands near the 3-year figure. The 5-year figure is 0.22, and annualized covariance runs at 1593.1 %².
Out of 13 assets tracked against FRPT, HIND lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with FRPT ahead by 105.9 points (+26.7% versus -79.2%). One caveat on sizing: HIND is 2.3 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.
FRPT vs HIND: side by side
| FRPT (Freshpet, Inc.) | HIND (Vyome Holdings, Inc.) | |
|---|---|---|
| 1-year return | +26.7% | -79.2% |
| 5-year return | -42.7% | -100.0% |
| Volatility (ann.) | 45.9% | 107.5% |
| Beta vs S&P 500 | 1.15 | 1.58 |
| Max drawdown (3Y) | -70.9% | -100.0% |
| Market cap | $3.5B | – |
| P/E (trailing) | 19.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FRPT | HIND |
|---|---|---|
| 2022 | -44.6% | -91.8% |
| 2023 | +64.4% | -96.3% |
| 2024 | +70.7% | -69.2% |
| 2025 | -58.9% | -99.2% |
| 2026 | +19.4% | -35.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FRPT and HIND good diversifiers for each other?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FRPT and HIND?
The FRPT/HIND correlation stands at 0.32 on a 3-year window (1 year: 0.29, 5 years: 0.22), computed from weekly returns as of 2026-08-27.
Is HIND a good diversifier for FRPT?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.32 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/frpt-vs-hind.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/frpt-vs-hind/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FRPT correlations · HIND correlations
