MYO vs PUBM: Correlation
Myomo Inc. (MYO) and PubMatic, Inc. (PUBM) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MYO and PUBM?
On 3 years of weekly data the MYO/PUBM correlation comes out at 0.44, moderate. Recent behaviour matches the longer record: 0.46 over 1 year against 0.44 over 3. The 5-year figure is 0.35, and annualized covariance runs at 2704.2 %².
Few assets follow MYO as closely as PUBM, which ranks #1 of 10 tracked partners. Correlation aside, the last 12 months split them widely, with PUBM ahead by 43.5 points (+48.2% versus +91.7%). One caveat on sizing: MYO is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
MYO vs PUBM: side by side
| MYO (Myomo Inc.) | PUBM (PubMatic, Inc.) | |
|---|---|---|
| 1-year return | +48.2% | +91.7% |
| 5-year return | -84.2% | -40.5% |
| Volatility (ann.) | 99.7% | 61.6% |
| Beta vs S&P 500 | 1.92 | 1.56 |
| Max drawdown (3Y) | -90.8% | -73.9% |
| Market cap | $0.1B | $0.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MYO | PUBM |
|---|---|---|
| 2022 | -92.5% | -62.4% |
| 2023 | +880.4% | +27.3% |
| 2024 | +28.5% | -9.9% |
| 2025 | -85.9% | -39.6% |
| 2026 | +82.4% | +84.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MYO and PUBM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MYO and PUBM?
As of 2026-08-27, the correlation of weekly returns between MYO and PUBM is 0.44 over 3 years, 0.46 over 1 year and 0.35 over 5 years.
Is PUBM a good diversifier for MYO?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 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/myo-vs-pubm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/myo-vs-pubm/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MYO correlations · PUBM correlations
