JSPR vs NGNE: Correlation
Jasper Therapeutics, Inc. (JSPR) and Neurogene Inc. (NGNE) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JSPR and NGNE?
Over the past 3 years, JSPR and NGNE moved with a correlation of 0.38, which is moderate. Recent behaviour matches the longer record: 0.28 over 1 year against 0.38 over 3. Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 4434.1 %².
Few assets follow JSPR as closely as NGNE, which ranks #2 of 11 tracked partners. Correlation aside, the last 12 months split them widely, with NGNE ahead by 168.1 points (-75.9% versus +92.2%).
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.
JSPR vs NGNE: side by side
| JSPR (Jasper Therapeutics, Inc.) | NGNE (Neurogene Inc.) | |
|---|---|---|
| 1-year return | -75.9% | +92.2% |
| 5-year return | -99.3% | -76.7% |
| Volatility (ann.) | 114.2% | 102.1% |
| Beta vs S&P 500 | 2.78 | 2.68 |
| Max drawdown (3Y) | -98.9% | -89.7% |
| Market cap | – | $0.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JSPR | NGNE |
|---|---|---|
| 2022 | -93.8% | -89.4% |
| 2023 | +63.4% | +90.4% |
| 2024 | +171.0% | +18.0% |
| 2025 | -91.4% | -9.9% |
| 2026 | -61.8% | +83.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JSPR and NGNE good diversifiers for each other?
Reasonably. At 0.38, JSPR and NGNE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between JSPR and NGNE?
The JSPR/NGNE correlation stands at 0.38 on a 3-year window (1 year: 0.28, 5 years: 0.27), computed from weekly returns as of 2026-08-27.
Is NGNE a good diversifier for JSPR?
Reasonably. At 0.38, JSPR and NGNE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 mean?
A reading of 0.38 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/jspr-vs-ngne.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jspr-vs-ngne/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: JSPR correlations · NGNE correlations
