PMN vs ZOOZ: Correlation
ProMIS Neurosciences Inc. (PMN) and ZOOZ Strategy Ltd. (ZOOZ) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PMN and ZOOZ?
On 3 years of weekly data the PMN/ZOOZ correlation comes out at 0.56, moderate. The past 12 months show a weaker link (-0.06) than the 3-year average (0.56). The 5-year figure is n/a, and annualized covariance runs at 9930.2 %².
ZOOZ is one of the assets that tracks PMN most closely: it ranks #1 out of the 15 assets we track against PMN. Their recent paths diverged sharply: over the last 12 months PMN outperformed by 84.5 percentage points (+5.6% for PMN against -78.9% for ZOOZ).
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.
PMN vs ZOOZ: side by side
| PMN (ProMIS Neurosciences Inc.) | ZOOZ (ZOOZ Strategy Ltd.) | |
|---|---|---|
| 1-year return | +5.6% | -78.9% |
| 5-year return | -94.2% | n/a |
| Volatility (ann.) | 122.6% | 147.3% |
| Beta vs S&P 500 | 0.45 | 1.83 |
| Max drawdown (3Y) | -90.4% | -93.9% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PMN | ZOOZ |
|---|---|---|
| 2022 | -34.2% | – |
| 2023 | -73.5% | – |
| 2024 | -17.4% | – |
| 2025 | -71.2% | -82.1% |
| 2026 | +104.8% | -22.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PMN and ZOOZ good diversifiers for each other?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between PMN and ZOOZ?
Using weekly returns as of 2026-08-27: 0.56 over 3 years, with -0.06 over the last year and n/a over 5 years.
Is ZOOZ a good diversifier for PMN?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.56 mean?
A reading of 0.56 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/pmn-vs-zooz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pmn-vs-zooz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PMN correlations · ZOOZ correlations
