IPSC vs RVMD: Correlation
Measured on weekly returns over the past three years, Century Therapeutics, Inc. (IPSC) and Revolution Medicines, Inc. (RVMD) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IPSC and RVMD?
Over the past 3 years, IPSC and RVMD moved with a correlation of 0.49, which is moderate. Little has changed lately, as the 1-year reading of 0.56 lands near the 3-year figure. Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 3576.3 %².
In IPSC's tracked universe of 15 assets, RVMD sits right near the top at #2. The last year tells two different stories: RVMD led by 148.4 percentage points, +333.0% for IPSC against +481.4% for RVMD. Risk is not evenly split, since IPSC carries 1.7 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.
IPSC vs RVMD: side by side
| IPSC (Century Therapeutics, Inc.) | RVMD (Revolution Medicines, Inc.) | |
|---|---|---|
| 1-year return | +333.0% | +481.4% |
| 5-year return | -90.7% | +680.1% |
| Volatility (ann.) | 111.4% | 64.9% |
| Beta vs S&P 500 | 2.01 | 1.64 |
| Max drawdown (3Y) | -92.7% | -48.6% |
| Market cap | $0.4B | $47.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IPSC | RVMD |
|---|---|---|
| 2022 | -67.7% | -5.4% |
| 2023 | -35.3% | +20.4% |
| 2024 | -69.6% | +52.5% |
| 2025 | -1.5% | +82.1% |
| 2026 | +124.1% | +177.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IPSC and RVMD good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between IPSC and RVMD?
The IPSC/RVMD correlation stands at 0.49 on a 3-year window (1 year: 0.56, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is RVMD a good diversifier for IPSC?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 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/ipsc-vs-rvmd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ipsc-vs-rvmd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IPSC correlations · RVMD correlations
