ABOS vs AVIR: Correlation
Measured on weekly returns over the past three years, Acumen Pharmaceuticals, Inc. (ABOS) and Atea Pharmaceuticals, Inc. (AVIR) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABOS and AVIR?
On 3 years of weekly data the ABOS/AVIR correlation comes out at 0.41, moderate. Recent behaviour matches the longer record: 0.49 over 1 year against 0.41 over 3. The 5-year figure is 0.19, and annualized covariance runs at 1615.8 %².
Within ABOS's tracked universe of 19 assets, AVIR comes in at #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ABOS outperformed by 66.6 percentage points (+118.0% for ABOS against +51.4% for AVIR). Note the risk asymmetry: ABOS runs 1.7 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.
ABOS vs AVIR: side by side
| ABOS (Acumen Pharmaceuticals, Inc.) | AVIR (Atea Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +118.0% | +51.4% |
| 5-year return | -83.9% | -82.1% |
| Volatility (ann.) | 82.5% | 48.3% |
| Beta vs S&P 500 | 2.30 | 0.73 |
| Max drawdown (3Y) | -85.8% | -44.1% |
| Market cap | $0.2B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABOS | AVIR |
|---|---|---|
| 2022 | -20.1% | -46.2% |
| 2023 | -28.9% | -36.6% |
| 2024 | -55.2% | +9.8% |
| 2025 | +22.7% | +6.6% |
| 2026 | +43.6% | +52.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABOS and AVIR good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ABOS and AVIR?
The ABOS/AVIR correlation stands at 0.41 on a 3-year window (1 year: 0.49, 5 years: 0.19), computed from weekly returns as of 2026-08-27.
Is AVIR a good diversifier for ABOS?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
A reading of 0.41 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/abos-vs-avir.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/abos-vs-avir/)
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Related comparisons
Hubs: ABOS correlations · AVIR correlations
