QUCY vs RLMD: Correlation
How closely do Quantum Cyber N.V. (QUCY) and Relmada Therapeutics, Inc. (RLMD) trade together? Their weekly returns over three years give a correlation of -0.37, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QUCY and RLMD?
On 3 years of weekly data the QUCY/RLMD correlation comes out at -0.37, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.09) runs above the 3-year figure (-0.37). The 5-year figure is -0.31, and annualized covariance runs at -90556.4 %².
Out of 30 assets tracked against QUCY, RLMD lands near the bottom at #29. Their recent paths diverged sharply: over the last 12 months RLMD outperformed by 583.9 percentage points (-9.3% for QUCY against +574.6% for RLMD). Note the risk asymmetry: QUCY runs 13.7 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.
QUCY vs RLMD: side by side
| QUCY (Quantum Cyber N.V.) | RLMD (Relmada Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -9.3% | +574.6% |
| 5-year return | -94.4% | -81.0% |
| Volatility (ann.) | 1840.9% | 134.2% |
| Beta vs S&P 500 | 3.76 | 1.62 |
| Max drawdown (3Y) | -95.9% | -96.3% |
| Market cap | $0.1B | $0.5B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | QUCY | RLMD |
|---|---|---|
| 2022 | -31.7% | -84.5% |
| 2023 | -83.7% | +18.6% |
| 2024 | +272.4% | -87.4% |
| 2025 | -74.1% | +828.8% |
| 2026 | +31.3% | -6.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QUCY and RLMD good diversifiers for each other?
Yes: at -0.37, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between QUCY and RLMD?
As of 2026-08-27, the correlation of weekly returns between QUCY and RLMD is -0.37 over 3 years, -0.09 over 1 year and -0.31 over 5 years.
Is RLMD a good diversifier for QUCY?
Yes: at -0.37, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.37 mean?
A reading of -0.37 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/qucy-vs-rlmd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/qucy-vs-rlmd/)
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Related comparisons
Hubs: QUCY correlations · RLMD correlations
