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PLRX vs VYGR: Correlation

Pliant Therapeutics, Inc. (PLRX) and Voyager Therapeutics, Inc. (VYGR) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.

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

Correlation (3Y)
0.43
moderate
Correlation (1Y)
0.28
last 12 months
Correlation (5Y)
0.21
long-run
Ann. covariance
1944.9
%² · weekly, annualized

How correlated are PLRX and VYGR?

On 3 years of weekly data the PLRX/VYGR correlation comes out at 0.43, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.28 versus 0.43 over 3 years. The 5-year figure is 0.21, and annualized covariance runs at 1944.9 %².

Among the 17 assets we track against PLRX, VYGR ranks #5 by 3-year correlation. The last year tells two different stories: VYGR led by 33.2 percentage points, -32.0% for PLRX against +1.2% for VYGR.

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.

PLRX vs VYGR: side by side

PLRX (Pliant Therapeutics, Inc.)VYGR (Voyager Therapeutics, Inc.)
1-year return-32.0%+1.2%
5-year return-93.6%+7.5%
Volatility (ann.)74.8%60.2%
Beta vs S&P 5001.321.35
Max drawdown (3Y)-94.7%-74.8%
Market cap$0.1B$0.2B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: VYGR -74.8% vs -94.7%Higher 5y return: VYGR +7.5% vs -93.6%
-44%0%+18%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). PLRX · VYGR

Year-by-year returns

YearPLRXVYGR
2022+43.2%+125.1%
2023-6.3%+38.4%
2024-27.3%-32.8%
2025-90.7%-30.7%
2026-5.7%-12.0%

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

Are PLRX and VYGR good diversifiers for each other?

A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between PLRX and VYGR?

Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.28 over the last year and 0.21 over 5 years.

Is VYGR a good diversifier for PLRX?

A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.43 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/plrx-vs-vygr.json

PLRX vs VYGR: 3-year weekly correlation 0.43PLRX vs VYGR0.43

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Hubs: PLRX correlations · VYGR correlations