HTCR vs SRZN: Correlation
Measured on weekly returns over the past three years, Heartcore Enterprises, Inc. (HTCR) and Surrozen, Inc. (SRZN) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HTCR and SRZN?
On 3 years of weekly data the HTCR/SRZN correlation comes out at 0.36, moderate. Little has changed lately, as the 1-year reading of 0.28 lands near the 3-year figure. The 5-year figure is 0.21, and annualized covariance runs at 3029.2 %².
Few assets follow HTCR as closely as SRZN, which ranks #1 of 12 tracked partners. The last year tells two different stories: SRZN led by 197.3 percentage points, -86.7% for HTCR against +110.6% for SRZN.
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.
HTCR vs SRZN: side by side
| HTCR (Heartcore Enterprises, Inc.) | SRZN (Surrozen, Inc.) | |
|---|---|---|
| 1-year return | -86.7% | +110.6% |
| 5-year return | -96.7% | -80.6% |
| Volatility (ann.) | 97.6% | 85.6% |
| Beta vs S&P 500 | 1.26 | 0.14 |
| Max drawdown (3Y) | -95.7% | -61.8% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HTCR | SRZN |
|---|---|---|
| 2022 | – | -91.0% |
| 2023 | -29.9% | +7.7% |
| 2024 | +199.2% | +52.7% |
| 2025 | -80.3% | +57.5% |
| 2026 | -56.6% | +6.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HTCR and SRZN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HTCR and SRZN?
The HTCR/SRZN correlation stands at 0.36 on a 3-year window (1 year: 0.28, 5 years: 0.21), computed from weekly returns as of 2026-08-27.
Is SRZN a good diversifier for HTCR?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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/htcr-vs-srzn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/htcr-vs-srzn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HTCR correlations · SRZN correlations
