SHPH vs SNAP: Correlation
Measured on weekly returns over the past three years, Shuttle Pharmaceuticals Holdings, Inc. (SHPH) and Snap Inc. (SNAP) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SHPH and SNAP?
Across a 3-year window, the weekly returns of SHPH and SNAP correlate at 0.36, moderate. The link has tightened recently: the 1-year correlation (0.47) runs above the 3-year figure (0.36). Stretching to 5 years gives 0.33, with an annualized covariance of 2142.4 %².
SNAP is one of the assets that tracks SHPH most closely: it ranks #3 out of the 10 assets we track against SHPH. Correlation aside, the last 12 months split them widely, with SNAP ahead by 64.7 points (-88.4% versus -23.7%). One caveat on sizing: SHPH is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
SHPH vs SNAP: side by side
| SHPH (Shuttle Pharmaceuticals Holdings, Inc.) | SNAP (Snap Inc.) | |
|---|---|---|
| 1-year return | -88.4% | -23.7% |
| 5-year return | n/a | -92.8% |
| Volatility (ann.) | 99.7% | 59.8% |
| Beta vs S&P 500 | 0.99 | 1.59 |
| Max drawdown (3Y) | -99.8% | -77.5% |
| Market cap | – | $9.0B |
| P/E (trailing) | 35.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SHPH | SNAP |
|---|---|---|
| 2022 | – | -81.0% |
| 2023 | -76.8% | +89.2% |
| 2024 | -76.4% | -36.4% |
| 2025 | -91.6% | -25.1% |
| 2026 | -78.4% | -34.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SHPH and SNAP good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between SHPH and SNAP?
The SHPH/SNAP correlation stands at 0.36 on a 3-year window (1 year: 0.47, 5 years: 0.33), computed from weekly returns as of 2026-08-27.
Is SNAP a good diversifier for SHPH?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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
$ curl https://www.pairbook.io/api/v1/pairs/shph-vs-snap.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: SHPH correlations · SNAP correlations
