PTN vs UCFI: Correlation
How closely do Palatin Technologies, Inc. (PTN) and CN Healthy Food Tech Group Corp. (UCFI) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PTN and UCFI?
Across a 3-year window, the weekly returns of PTN and UCFI correlate at 0.33, moderate. The past 12 months show a weaker link (0.14) than the 3-year average (0.33). Stretching to 5 years gives n/a, with an annualized covariance of 3269.4 %².
Among the 12 assets we track against PTN, UCFI ranks #6 by 3-year correlation. The last year tells two different stories: PTN led by 53.1 percentage points, -1.0% for PTN against -54.1% for UCFI. Risk is not evenly split, since PTN carries 2.2 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.
PTN vs UCFI: side by side
| PTN (Palatin Technologies, Inc.) | UCFI (CN Healthy Food Tech Group Corp.) | |
|---|---|---|
| 1-year return | -1.0% | -54.1% |
| 5-year return | -98.3% | n/a |
| Volatility (ann.) | 145.6% | 66.8% |
| Beta vs S&P 500 | 0.13 | -0.21 |
| Max drawdown (3Y) | -98.5% | -67.3% |
| Market cap | – | $0.3B |
| P/E (trailing) | 95.4 | 30.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PTN | UCFI |
|---|---|---|
| 2022 | -79.9% | – |
| 2023 | +55.5% | – |
| 2024 | -72.1% | – |
| 2025 | -72.3% | -46.5% |
| 2026 | -31.8% | +0.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PTN and UCFI good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between PTN and UCFI?
As of 2026-08-27, the correlation of weekly returns between PTN and UCFI is 0.33 over 3 years, 0.14 over 1 year and n/a over 5 years.
Is UCFI a good diversifier for PTN?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
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Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: PTN correlations · UCFI correlations
