ADIL vs ENTX: Correlation
How closely do Adial Pharmaceuticals, Inc (ADIL) and Entera Bio Ltd. (ENTX) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADIL and ENTX?
Over the past 3 years, ADIL and ENTX moved with a correlation of 0.34, which is moderate. The relationship has been stable: the 1-year correlation (0.25) sits close to the 3-year figure. Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 6688.5 %².
Within ADIL's tracked universe of 19 assets, ENTX comes in at #11 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ENTX ahead by 97.2 points (-40.1% versus +57.1%). Risk is not evenly split, since ADIL carries 2.1 times the volatility of the other side.
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.
ADIL vs ENTX: side by side
| ADIL (Adial Pharmaceuticals, Inc) | ENTX (Entera Bio Ltd.) | |
|---|---|---|
| 1-year return | -40.1% | +57.1% |
| 5-year return | -99.8% | -36.1% |
| Volatility (ann.) | 203.8% | 96.7% |
| Beta vs S&P 500 | 1.29 | 0.33 |
| Max drawdown (3Y) | -98.8% | -68.2% |
| Market cap | – | $0.5B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADIL | ENTX |
|---|---|---|
| 2022 | -91.9% | -74.1% |
| 2023 | -66.2% | -17.8% |
| 2024 | -45.7% | +253.3% |
| 2025 | -78.2% | -8.5% |
| 2026 | +3.5% | +58.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADIL and ENTX good diversifiers for each other?
Reasonably. At 0.34, ADIL and ENTX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ADIL and ENTX?
As of 2026-08-27, the correlation of weekly returns between ADIL and ENTX is 0.34 over 3 years, 0.25 over 1 year and 0.32 over 5 years.
Is ENTX a good diversifier for ADIL?
Reasonably. At 0.34, ADIL and ENTX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.34 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/adil-vs-entx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/adil-vs-entx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ADIL correlations · ENTX correlations
