JAGX vs PHG: Correlation
How closely do Jaguar Health, Inc. (JAGX) and Koninklijke Philips N.V. NY Registry Shares (PHG) trade together? Their weekly returns over three years give a correlation of 0.31, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JAGX and PHG?
Over the past 3 years, JAGX and PHG moved with a correlation of 0.31, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.19 versus 0.31 over 3 years. Over 5 years the correlation is 0.24, and the annualized covariance of weekly returns is 1668.2 %².
Among the 10 assets we track against JAGX, PHG ranks #4 by 3-year correlation. The last year tells two different stories: PHG led by 99.6 percentage points, -98.6% for JAGX against +1.0% for PHG. Risk is not evenly split, since JAGX carries 4.8 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.
JAGX vs PHG: side by side
| JAGX (Jaguar Health, Inc.) | PHG (Koninklijke Philips N.V. NY Registry Shares) | |
|---|---|---|
| 1-year return | -98.6% | +1.0% |
| 5-year return | -100.0% | -32.8% |
| Volatility (ann.) | 159.2% | 33.4% |
| Beta vs S&P 500 | 1.63 | 0.92 |
| Max drawdown (3Y) | -100.0% | -33.8% |
| Market cap | – | $26.3B |
| P/E (trailing) | 0.0 | 20.2 |
| Dividend yield | 0.00% | 3.15% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JAGX | PHG |
|---|---|---|
| 2022 | -91.6% | -57.6% |
| 2023 | -97.7% | +55.6% |
| 2024 | -88.9% | +8.5% |
| 2025 | -96.3% | +11.2% |
| 2026 | -97.3% | +3.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JAGX and PHG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between JAGX and PHG?
Using weekly returns as of 2026-08-27: 0.31 over 3 years, with 0.19 over the last year and 0.24 over 5 years.
Is PHG a good diversifier for JAGX?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.31 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/jagx-vs-phg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/jagx-vs-phg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: JAGX correlations · PHG correlations
