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IPSC vs SDEV: Correlation

Century Therapeutics, Inc. (IPSC) and Stablecoin Development Corporation (SDEV) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.40
moderate
Correlation (1Y)
0.65
last 12 months
Correlation (5Y)
0.37
long-run
Ann. covariance
9908.1
%² · weekly, annualized

How correlated are IPSC and SDEV?

Across a 3-year window, the weekly returns of IPSC and SDEV correlate at 0.40, moderate. The link has tightened recently: the 1-year correlation (0.65) runs above the 3-year figure (0.40). Stretching to 5 years gives 0.37, with an annualized covariance of 9908.1 %².

Among the 15 assets we track against IPSC, SDEV ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with IPSC ahead by 413.9 points (+333.0% versus -80.9%). Note the risk asymmetry: SDEV runs 2.0 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.

IPSC vs SDEV: side by side

IPSC (Century Therapeutics, Inc.)SDEV (Stablecoin Development Corporation)
1-year return+333.0%-80.9%
5-year return-90.7%-100.0%
Volatility (ann.)111.4%222.1%
Beta vs S&P 5002.011.75
Max drawdown (3Y)-92.7%-99.0%
Market cap$0.4B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: IPSC -92.7% vs -99.0%Higher 5y return: IPSC -90.7% vs -100.0%
-92%0%+677%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). IPSC · SDEV

Year-by-year returns

YearIPSCSDEV
2022-67.7%-85.3%
2023-35.3%-89.7%
2024-69.6%-91.4%
2025-1.5%+1322.1%
2026+124.1%-96.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are IPSC and SDEV good diversifiers for each other?

A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between IPSC and SDEV?

Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.65 over the last year and 0.37 over 5 years.

Is SDEV a good diversifier for IPSC?

A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.40 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

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IPSC vs SDEV: 3-year weekly correlation 0.40IPSC vs SDEV0.40

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Related comparisons

Hubs: IPSC correlations · SDEV correlations