ADIL vs STEX: Correlation
Measured on weekly returns over the past three years, Adial Pharmaceuticals, Inc (ADIL) and Streamex Corp. (STEX) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADIL and STEX?
Across a 3-year window, the weekly returns of ADIL and STEX correlate at 0.45, moderate. The past 12 months show a weaker link (0.27) than the 3-year average (0.45). Stretching to 5 years gives 0.41, with an annualized covariance of 17270.3 %².
Among the 19 assets we track against ADIL, STEX ranks #8 by 3-year correlation. The last year tells two different stories: ADIL led by 42.6 percentage points, -40.1% for ADIL against -82.7% for STEX.
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 STEX: side by side
| ADIL (Adial Pharmaceuticals, Inc) | STEX (Streamex Corp.) | |
|---|---|---|
| 1-year return | -40.1% | -82.7% |
| 5-year return | -99.8% | -97.3% |
| Volatility (ann.) | 203.8% | 188.3% |
| Beta vs S&P 500 | 1.29 | 1.71 |
| Max drawdown (3Y) | -98.8% | -96.0% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADIL | STEX |
|---|---|---|
| 2022 | -91.9% | -81.2% |
| 2023 | -66.2% | +13.1% |
| 2024 | -45.7% | -68.6% |
| 2025 | -78.2% | +103.4% |
| 2026 | +3.5% | -72.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADIL and STEX good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ADIL and STEX?
As of 2026-08-27, the correlation of weekly returns between ADIL and STEX is 0.45 over 3 years, 0.27 over 1 year and 0.41 over 5 years.
Is STEX a good diversifier for ADIL?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 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.
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Related comparisons
Hubs: ADIL correlations · STEX correlations
