PYPL vs REPL: Correlation
Measured on weekly returns over the past three years, PayPal (PYPL) and Replimune Group, Inc. (REPL) carry a correlation of -0.15, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PYPL and REPL?
On 3 years of weekly data the PYPL/REPL correlation comes out at -0.15, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.14 over 1 year against -0.15 over 3. The 5-year figure is -0.06, and annualized covariance runs at -881.0 %².
Within PYPL's tracked universe of 28 assets, REPL comes in at #21 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months REPL outperformed by 193.1 percentage points (-11.0% for PYPL against +182.1% for REPL). Note the risk asymmetry: REPL runs 4.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
PYPL vs REPL: side by side
| PYPL (PayPal) | REPL (Replimune Group, Inc.) | |
|---|---|---|
| 1-year return | -11.0% | +182.1% |
| 5-year return | -78.5% | -50.4% |
| Volatility (ann.) | 37.1% | 153.7% |
| Beta vs S&P 500 | 1.15 | 0.48 |
| Max drawdown (3Y) | -57.3% | -92.0% |
| Market cap | $52.6B | $1.5B |
| P/E (trailing) | 11.7 | – |
| Dividend yield | 0.91% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | PYPL | REPL |
|---|---|---|
| 2022 | -62.2% | +0.4% |
| 2023 | -13.8% | -69.0% |
| 2024 | +39.0% | +43.7% |
| 2025 | -31.4% | -19.7% |
| 2026 | +6.0% | +60.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PYPL and REPL good diversifiers for each other?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
FAQ
What is the correlation between PYPL and REPL?
As of 2026-08-27, the correlation of weekly returns between PYPL and REPL is -0.15 over 3 years, -0.14 over 1 year and -0.06 over 5 years.
Is REPL a good diversifier for PYPL?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
What does a correlation of -0.15 mean?
A reading of -0.15 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/pypl-vs-repl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/pypl-vs-repl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PYPL correlations · REPL correlations
