HHH vs VCYT: Correlation
How closely do Howard Hughes Holdings Inc. (HHH) and Veracyte, Inc. (VCYT) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HHH and VCYT?
On 3 years of weekly data the HHH/VCYT correlation comes out at 0.50, moderate. The past 12 months show a weaker link (0.36) than the 3-year average (0.50). The 5-year figure is 0.46, and annualized covariance runs at 780.9 %².
Among the 17 assets we track against HHH, VCYT ranks #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VCYT outperformed by 72.4 percentage points (-14.2% for HHH against +58.2% for VCYT). Risk is not evenly split, since VCYT carries 1.8 times the volatility of the other side.
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.
HHH vs VCYT: side by side
| HHH (Howard Hughes Holdings Inc.) | VCYT (Veracyte, Inc.) | |
|---|---|---|
| 1-year return | -14.2% | +58.2% |
| 5-year return | -25.2% | -7.1% |
| Volatility (ann.) | 29.3% | 53.3% |
| Beta vs S&P 500 | 0.96 | 1.37 |
| Max drawdown (3Y) | -31.4% | -50.1% |
| Market cap | $3.9B | $3.6B |
| P/E (trailing) | 12.8 | 31.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HHH | VCYT |
|---|---|---|
| 2022 | -24.9% | -42.4% |
| 2023 | +11.9% | +15.9% |
| 2024 | -5.7% | +43.9% |
| 2025 | +3.7% | +6.3% |
| 2026 | -18.6% | +7.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HHH and VCYT good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between HHH and VCYT?
The HHH/VCYT correlation stands at 0.50 on a 3-year window (1 year: 0.36, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is VCYT a good diversifier for HHH?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/hhh-vs-vcyt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hhh-vs-vcyt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HHH correlations · VCYT correlations
