ABOS vs INO: Correlation
How closely do Acumen Pharmaceuticals, Inc. (ABOS) and Inovio Pharmaceuticals, Inc. (INO) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABOS and INO?
On 3 years of weekly data the ABOS/INO correlation comes out at 0.41, moderate. Recent behaviour matches the longer record: 0.36 over 1 year against 0.41 over 3. The 5-year figure is 0.31, and annualized covariance runs at 3380.2 %².
Among the 19 assets we track against ABOS, INO ranks #10 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ABOS outperformed by 166.8 percentage points (+118.0% for ABOS against -48.8% for INO).
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 INO: side by side
| ABOS (Acumen Pharmaceuticals, Inc.) | INO (Inovio Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +118.0% | -48.8% |
| 5-year return | -83.9% | -98.8% |
| Volatility (ann.) | 82.5% | 99.4% |
| Beta vs S&P 500 | 2.30 | 1.55 |
| Max drawdown (3Y) | -85.8% | -95.2% |
| Market cap | $0.2B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABOS | INO |
|---|---|---|
| 2022 | -20.1% | -68.7% |
| 2023 | -28.9% | -67.3% |
| 2024 | -55.2% | -70.1% |
| 2025 | +22.7% | -4.9% |
| 2026 | +43.6% | -27.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABOS and INO good diversifiers for each other?
Reasonably. At 0.41, ABOS and INO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ABOS and INO?
The ABOS/INO correlation stands at 0.41 on a 3-year window (1 year: 0.36, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is INO a good diversifier for ABOS?
Reasonably. At 0.41, ABOS and INO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
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-ino.json
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Related comparisons
Hubs: ABOS correlations · INO correlations
