HYPD vs RAPP: Correlation
Hyperion DeFi, Inc. (HYPD) and Rapport Therapeutics, Inc. (RAPP) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HYPD and RAPP?
On 3 years of weekly data the HYPD/RAPP correlation comes out at 0.52, moderate. The link has tightened recently: the 1-year correlation (0.67) runs above the 3-year figure (0.52). The 5-year figure is n/a, and annualized covariance runs at 11064.2 %².
Few assets follow HYPD as closely as RAPP, which ranks #1 of 14 tracked partners. The last year tells two different stories: RAPP led by 287.0 percentage points, -47.5% for HYPD against +239.5% for RAPP. Note the risk asymmetry: HYPD runs 2.4 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.
HYPD vs RAPP: side by side
| HYPD (Hyperion DeFi, Inc.) | RAPP (Rapport Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -47.5% | +239.5% |
| 5-year return | -99.1% | n/a |
| Volatility (ann.) | 215.9% | 89.6% |
| Beta vs S&P 500 | 3.08 | 1.91 |
| Max drawdown (3Y) | -99.5% | -75.5% |
| Market cap | $0.1B | $2.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HYPD | RAPP |
|---|---|---|
| 2022 | -59.3% | – |
| 2023 | +27.6% | – |
| 2024 | -93.0% | – |
| 2025 | -69.5% | +71.0% |
| 2026 | +1.7% | +67.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HYPD and RAPP good diversifiers for each other?
Only partially. A correlation of 0.52 means HYPD and RAPP share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between HYPD and RAPP?
The HYPD/RAPP correlation stands at 0.52 on a 3-year window (1 year: 0.67, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is RAPP a good diversifier for HYPD?
Only partially. A correlation of 0.52 means HYPD and RAPP share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 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.
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Related comparisons
Hubs: HYPD correlations · RAPP correlations
