HUBC vs PDYN: Correlation
How closely do Hub Cyber Security Ltd. (HUBC) and Palladyne AI Corp. (PDYN) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HUBC and PDYN?
On 3 years of weekly data the HUBC/PDYN correlation comes out at 0.38, moderate. The relationship has been stable: the 1-year correlation (0.41) sits close to the 3-year figure. The 5-year figure is 0.31, and annualized covariance runs at 14591.2 %².
Few assets follow HUBC as closely as PDYN, which ranks #2 of 12 tracked partners. The last year tells two different stories: PDYN led by 78.1 percentage points, -100.0% for HUBC against -21.9% for PDYN.
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.
HUBC vs PDYN: side by side
| HUBC (Hub Cyber Security Ltd.) | PDYN (Palladyne AI Corp.) | |
|---|---|---|
| 1-year return | -100.0% | -21.9% |
| 5-year return | -100.0% | -88.8% |
| Volatility (ann.) | 189.4% | 204.5% |
| Beta vs S&P 500 | 1.46 | 3.45 |
| Max drawdown (3Y) | -100.0% | -68.8% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HUBC | PDYN |
|---|---|---|
| 2022 | – | -94.4% |
| 2023 | -98.2% | -78.6% |
| 2024 | -68.2% | +1601.8% |
| 2025 | -94.4% | -65.3% |
| 2026 | -100.0% | +43.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HUBC and PDYN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HUBC and PDYN?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.41 over the last year and 0.31 over 5 years.
Is PDYN a good diversifier for HUBC?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 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/hubc-vs-pdyn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hubc-vs-pdyn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HUBC correlations · PDYN correlations
