RAMP vs SBFM: Correlation
How closely do LiveRamp Holdings, Inc. (RAMP) and Sunshine Biopharma Inc. (SBFM) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RAMP and SBFM?
On 3 years of weekly data the RAMP/SBFM correlation comes out at 0.37, moderate. The relationship has been stable: the 1-year correlation (0.45) sits close to the 3-year figure. The 5-year figure is 0.20, and annualized covariance runs at 1857.6 %².
Out of 12 assets tracked against RAMP, SBFM lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with RAMP ahead by 129.5 points (+38.1% versus -91.4%). Risk is not evenly split, since SBFM carries 3.1 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.
RAMP vs SBFM: side by side
| RAMP (LiveRamp Holdings, Inc.) | SBFM (Sunshine Biopharma Inc.) | |
|---|---|---|
| 1-year return | +38.1% | -91.4% |
| 5-year return | -22.9% | -100.0% |
| Volatility (ann.) | 40.4% | 123.8% |
| Beta vs S&P 500 | 1.07 | 1.40 |
| Max drawdown (3Y) | -48.2% | -100.0% |
| Market cap | $2.3B | – |
| P/E (trailing) | 15.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RAMP | SBFM |
|---|---|---|
| 2022 | -51.1% | – |
| 2023 | +61.6% | -57.5% |
| 2024 | -19.8% | -99.4% |
| 2025 | -3.3% | -59.0% |
| 2026 | +28.5% | -89.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RAMP and SBFM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between RAMP and SBFM?
As of 2026-08-27, the correlation of weekly returns between RAMP and SBFM is 0.37 over 3 years, 0.45 over 1 year and 0.20 over 5 years.
Is SBFM a good diversifier for RAMP?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
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.
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Related comparisons
Hubs: RAMP correlations · SBFM correlations
