ABSI vs RXRX: Correlation
How closely do Absci Corporation (ABSI) and Recursion Pharmaceuticals, Inc. (RXRX) trade together? Their weekly returns over three years give a correlation of 0.57, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABSI and RXRX?
On 3 years of weekly data the ABSI/RXRX correlation comes out at 0.57, moderate. Little has changed lately, as the 1-year reading of 0.60 lands near the 3-year figure. The 5-year figure is 0.59, and annualized covariance runs at 4453.3 %².
In ABSI's tracked universe of 12 assets, RXRX sits right near the top at #1. Correlation aside, the last 12 months split them widely, with ABSI ahead by 299.1 points (+269.4% versus -29.7%).
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 RXRX: side by side
| ABSI (Absci Corporation) | RXRX (Recursion Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +269.4% | -29.7% |
| 5-year return | -48.3% | -86.0% |
| Volatility (ann.) | 95.4% | 82.2% |
| Beta vs S&P 500 | 2.32 | 3.07 |
| Max drawdown (3Y) | -66.1% | -81.7% |
| Market cap | $1.6B | $1.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABSI | RXRX |
|---|---|---|
| 2022 | -74.4% | -55.0% |
| 2023 | +100.0% | +27.9% |
| 2024 | -37.6% | -31.4% |
| 2025 | +33.2% | -39.5% |
| 2026 | +169.9% | -15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABSI and RXRX good diversifiers for each other?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ABSI and RXRX?
As of 2026-08-27, the correlation of weekly returns between ABSI and RXRX is 0.57 over 3 years, 0.60 over 1 year and 0.59 over 5 years.
Is RXRX a good diversifier for ABSI?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.57 mean?
On the −1 to +1 scale, 0.57 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/absi-vs-rxrx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/absi-vs-rxrx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ABSI correlations · RXRX correlations
