HELP vs PLNT: Correlation
How closely do Cybin Inc. (HELP) and Planet Fitness, Inc. (PLNT) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HELP and PLNT?
On 3 years of weekly data the HELP/PLNT correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.21 over 1 year against -0.22 over 3. The 5-year figure is -0.03, and annualized covariance runs at -721.3 %².
PLNT is close to the least connected end of HELP's tracked universe, ranking #8 of 10. Correlation aside, the last 12 months split them widely, with HELP ahead by 123.7 points (+72.6% versus -51.1%). One caveat on sizing: HELP is 2.1 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.
HELP vs PLNT: side by side
| HELP (Cybin Inc.) | PLNT (Planet Fitness, Inc.) | |
|---|---|---|
| 1-year return | +72.6% | -51.1% |
| 5-year return | -87.2% | -36.6% |
| Volatility (ann.) | 82.6% | 39.0% |
| Beta vs S&P 500 | 0.70 | 0.42 |
| Max drawdown (3Y) | -84.3% | -61.2% |
| Market cap | $1.0B | $3.9B |
| P/E (trailing) | – | 17.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HELP | PLNT |
|---|---|---|
| 2022 | -75.2% | -13.0% |
| 2023 | +38.0% | -7.4% |
| 2024 | -43.4% | +35.4% |
| 2025 | -7.3% | +9.7% |
| 2026 | +61.9% | -52.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HELP and PLNT good diversifiers for each other?
Yes. With a correlation of -0.22, HELP and PLNT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between HELP and PLNT?
As of 2026-08-27, the correlation of weekly returns between HELP and PLNT is -0.22 over 3 years, -0.21 over 1 year and -0.03 over 5 years.
Is PLNT a good diversifier for HELP?
Yes. With a correlation of -0.22, HELP and PLNT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
A reading of -0.22 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/help-vs-plnt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/help-vs-plnt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HELP correlations · PLNT correlations
