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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

Correlation (3Y)
0.40
moderate
Correlation (1Y)
0.33
last 12 months
Correlation (5Y)
0.36
long-run
Ann. covariance
3222.7
%² · weekly, annualized

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 5002.321.22
Max drawdown (3Y)-66.1%-59.2%
Market cap$1.6B$2.7B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: ATAI -59.2% vs -66.1%Higher 5y return: ABSI -48.3% vs -53.9%
-27%0%+372%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ABSI · ATAI

Year-by-year returns

YearABSIATAI
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

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ABSI vs ATAI: 3-year weekly correlation 0.40ABSI vs ATAI0.40

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Related comparisons

Hubs: ABSI correlations · ATAI correlations