PRAX vs YHGJ: Correlation
Measured on weekly returns over the past three years, Praxis Precision Medicines, Inc. (PRAX) and Yunhong Green CTI Ltd. (YHGJ) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRAX and YHGJ?
On 3 years of weekly data the PRAX/YHGJ correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.47) than the 3-year average (-0.26). The 5-year figure is -0.15, and annualized covariance runs at -4005.6 %².
YHGJ is close to the least connected end of PRAX's tracked universe, ranking #12 of 15. Their recent paths diverged sharply: over the last 12 months PRAX outperformed by 728.9 percentage points (+684.0% for PRAX against -44.9% for YHGJ). Risk is not evenly split, since PRAX carries 1.9 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.
PRAX vs YHGJ: side by side
| PRAX (Praxis Precision Medicines, Inc.) | YHGJ (Yunhong Green CTI Ltd.) | |
|---|---|---|
| 1-year return | +684.0% | -44.9% |
| 5-year return | +28.6% | -85.6% |
| Volatility (ann.) | 170.9% | 90.5% |
| Beta vs S&P 500 | 2.13 | -0.69 |
| Max drawdown (3Y) | -68.6% | -91.7% |
| Market cap | $10.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRAX | YHGJ |
|---|---|---|
| 2022 | -87.9% | -12.6% |
| 2023 | -37.6% | +105.8% |
| 2024 | +245.4% | -74.3% |
| 2025 | +283.0% | -34.0% |
| 2026 | +24.8% | -19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRAX and YHGJ good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between PRAX and YHGJ?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.47 over the last year and -0.15 over 5 years.
Is YHGJ a good diversifier for PRAX?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
A reading of -0.26 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/prax-vs-yhgj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/prax-vs-yhgj/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PRAX correlations · YHGJ correlations
