REPL vs ZOOZ: Correlation
Measured on weekly returns over the past three years, Replimune Group, Inc. (REPL) and ZOOZ Strategy Ltd. (ZOOZ) carry a correlation of -0.36, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are REPL and ZOOZ?
Across a 3-year window, the weekly returns of REPL and ZOOZ correlate at -0.36, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.05) runs above the 3-year figure (-0.36). Stretching to 5 years gives n/a, with an annualized covariance of -8905.5 %².
ZOOZ is close to the least connected end of REPL's tracked universe, ranking #27 of 27. Correlation aside, the last 12 months split them widely, with REPL ahead by 261.0 points (+182.1% versus -78.9%).
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.
REPL vs ZOOZ: side by side
| REPL (Replimune Group, Inc.) | ZOOZ (ZOOZ Strategy Ltd.) | |
|---|---|---|
| 1-year return | +182.1% | -78.9% |
| 5-year return | -50.4% | n/a |
| Volatility (ann.) | 153.7% | 147.3% |
| Beta vs S&P 500 | 0.48 | 1.83 |
| Max drawdown (3Y) | -92.0% | -93.9% |
| Market cap | $1.5B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | REPL | ZOOZ |
|---|---|---|
| 2022 | +0.4% | – |
| 2023 | -69.0% | – |
| 2024 | +43.7% | – |
| 2025 | -19.7% | -82.1% |
| 2026 | +60.5% | -22.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are REPL and ZOOZ good diversifiers for each other?
Yes: at -0.36, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between REPL and ZOOZ?
The REPL/ZOOZ correlation stands at -0.36 on a 3-year window (1 year: 0.05, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is ZOOZ a good diversifier for REPL?
Yes: at -0.36, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.36 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/repl-vs-zooz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/repl-vs-zooz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: REPL correlations · ZOOZ correlations
