ADM vs CRBP: Correlation
Archer Daniels Midland (ADM) and Corbus Pharmaceuticals Holdings, Inc. (CRBP) show a negative relationship: their 3-year correlation of weekly returns is -0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADM and CRBP?
On 3 years of weekly data the ADM/CRBP correlation comes out at -0.35, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.24 versus -0.35 over 3 years. The 5-year figure is -0.26, and annualized covariance runs at -2193.9 %².
Out of 33 assets tracked against ADM, CRBP lands near the bottom at #32. Their recent paths diverged sharply: over the last 12 months ADM outperformed by 23.5 percentage points (+29.8% for ADM against +6.3% for CRBP). Risk is not evenly split, since CRBP carries 6.9 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.
ADM vs CRBP: side by side
| ADM (Archer Daniels Midland) | CRBP (Corbus Pharmaceuticals Holdings, Inc.) | |
|---|---|---|
| 1-year return | +29.8% | +6.3% |
| 5-year return | +51.7% | -68.8% |
| Volatility (ann.) | 29.9% | 207.1% |
| Beta vs S&P 500 | 0.24 | 1.79 |
| Max drawdown (3Y) | -46.0% | -92.0% |
| Market cap | $38.1B | $0.2B |
| P/E (trailing) | 21.9 | – |
| Dividend yield | 2.57% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | ADM | CRBP |
|---|---|---|
| 2022 | +40.0% | -82.0% |
| 2023 | -20.4% | +81.4% |
| 2024 | -27.5% | +95.4% |
| 2025 | +18.2% | -31.0% |
| 2026 | +40.4% | +36.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADM and CRBP good diversifiers for each other?
By historical standards, yes. A correlation of -0.35 means the two rarely move for the same reasons.
FAQ
What is the correlation between ADM and CRBP?
Using weekly returns as of 2026-08-27: -0.35 over 3 years, with 0.24 over the last year and -0.26 over 5 years.
Is CRBP a good diversifier for ADM?
By historical standards, yes. A correlation of -0.35 means the two rarely move for the same reasons.
What does a correlation of -0.35 mean?
On the −1 to +1 scale, -0.35 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/adm-vs-crbp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adm-vs-crbp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADM correlations · CRBP correlations
