PPCB vs VERU: Correlation
How closely do Propanc Biopharma, Inc. (PPCB) and Veru Inc. (VERU) trade together? Their weekly returns over three years give a correlation of -0.33, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PPCB and VERU?
Across a 3-year window, the weekly returns of PPCB and VERU correlate at -0.33, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.01) than the 3-year average (-0.33). Stretching to 5 years gives -0.16, with an annualized covariance of -30042516.3 %².
Out of 43 assets tracked against PPCB, VERU lands near the bottom at #40. Their recent paths diverged sharply: over the last 12 months VERU outperformed by 80.3 percentage points (-97.0% for PPCB against -16.7% for VERU). Risk is not evenly split, since PPCB carries 10160.4 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.
PPCB vs VERU: side by side
| PPCB (Propanc Biopharma, Inc.) | VERU (Veru Inc.) | |
|---|---|---|
| 1-year return | -97.0% | -16.7% |
| 5-year return | -99.9% | -96.9% |
| Volatility (ann.) | 962193.8% | 94.7% |
| Beta vs S&P 500 | -3746.20 | 0.37 |
| Max drawdown (3Y) | -99.8% | -88.3% |
| Market cap | – | – |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PPCB | VERU |
|---|---|---|
| 2022 | -98.6% | -10.4% |
| 2023 | -98.0% | -86.4% |
| 2024 | -98.3% | -9.7% |
| 2025 | +134050.0% | -67.1% |
| 2026 | -83.4% | +28.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PPCB and VERU good diversifiers for each other?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between PPCB and VERU?
As of 2026-08-27, the correlation of weekly returns between PPCB and VERU is -0.33 over 3 years, 0.01 over 1 year and -0.16 over 5 years.
Is VERU a good diversifier for PPCB?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.33 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/ppcb-vs-veru.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ppcb-vs-veru/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PPCB correlations · VERU correlations
