ABSI vs ATAI: Correlation
Absci Corporation (ABSI) and AtaiBeckley Inc. (ATAI) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABSI and ATAI?
Across a 3-year window, the weekly returns of ABSI and ATAI correlate at 0.40, moderate. The relationship has been stable: the 1-year correlation (0.33) sits close to the 3-year figure. Stretching to 5 years gives 0.36, with an annualized covariance of 3222.7 %².
Within ABSI's tracked universe of 12 assets, ATAI comes in at #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ABSI outperformed by 208.6 percentage points (+269.4% for ABSI against +60.8% for ATAI).
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.
ABSI vs ATAI: side by side
| ABSI (Absci Corporation) | ATAI (AtaiBeckley Inc.) | |
|---|---|---|
| 1-year return | +269.4% | +60.8% |
| 5-year return | -48.3% | -53.9% |
| Volatility (ann.) | 95.4% | 85.3% |
| Beta vs S&P 500 | 2.32 | 1.22 |
| Max drawdown (3Y) | -66.1% | -59.2% |
| Market cap | $1.6B | $2.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABSI | ATAI |
|---|---|---|
| 2022 | -74.4% | -65.1% |
| 2023 | +100.0% | -47.0% |
| 2024 | -37.6% | -5.7% |
| 2025 | +33.2% | +207.5% |
| 2026 | +169.9% | +79.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABSI and ATAI good diversifiers for each other?
Reasonably. At 0.40, ABSI and ATAI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ABSI and ATAI?
As of 2026-08-27, the correlation of weekly returns between ABSI and ATAI is 0.40 over 3 years, 0.33 over 1 year and 0.36 over 5 years.
Is ATAI a good diversifier for ABSI?
Reasonably. At 0.40, ABSI and ATAI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 mean?
A reading of 0.40 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/absi-vs-atai.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/absi-vs-atai/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABSI correlations · ATAI correlations