HCTI vs ZOOZ: Correlation
Healthcare Triangle, Inc. (HCTI) and ZOOZ Strategy Ltd. (ZOOZ) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HCTI and ZOOZ?
On 3 years of weekly data the HCTI/ZOOZ correlation comes out at 0.51, moderate. The link has loosened recently: the 1-year correlation (0.00) runs below the 3-year figure (0.51). The 5-year figure is n/a, and annualized covariance runs at 20567.3 %².
Few assets follow HCTI as closely as ZOOZ, which ranks #2 of 15 tracked partners. Correlation aside, the last 12 months split them widely, with ZOOZ ahead by 20.6 points (-99.5% versus -78.9%). Note the risk asymmetry: HCTI runs 1.7 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.
HCTI vs ZOOZ: side by side
| HCTI (Healthcare Triangle, Inc.) | ZOOZ (ZOOZ Strategy Ltd.) | |
|---|---|---|
| 1-year return | -99.5% | -78.9% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 249.0% | 147.3% |
| Beta vs S&P 500 | 0.19 | 1.83 |
| Max drawdown (3Y) | -100.0% | -93.9% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HCTI | ZOOZ |
|---|---|---|
| 2022 | -90.1% | – |
| 2023 | +52.5% | – |
| 2024 | -64.1% | – |
| 2025 | -99.7% | -82.1% |
| 2026 | -97.8% | -22.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HCTI and ZOOZ good diversifiers for each other?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between HCTI and ZOOZ?
As of 2026-08-27, the correlation of weekly returns between HCTI and ZOOZ is 0.51 over 3 years, 0.00 over 1 year and n/a over 5 years.
Is ZOOZ a good diversifier for HCTI?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.51 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/hcti-vs-zooz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hcti-vs-zooz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HCTI correlations · ZOOZ correlations
