ADMA vs SWIM: Correlation
Measured on weekly returns over the past three years, ADMA Biologics Inc (ADMA) and Latham Group, Inc. (SWIM) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADMA and SWIM?
Across a 3-year window, the weekly returns of ADMA and SWIM correlate at 0.42, moderate. Recent behaviour matches the longer record: 0.48 over 1 year against 0.42 over 3. Stretching to 5 years gives 0.35, with an annualized covariance of 1803.6 %².
Few assets follow ADMA as closely as SWIM, which ranks #3 of 10 tracked partners. The last year tells two different stories: SWIM led by 29.9 percentage points, -45.0% for ADMA against -15.1% for SWIM.
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.
ADMA vs SWIM: side by side
| ADMA (ADMA Biologics Inc) | SWIM (Latham Group, Inc.) | |
|---|---|---|
| 1-year return | -45.0% | -15.1% |
| 5-year return | +612.8% | -68.5% |
| Volatility (ann.) | 59.2% | 72.5% |
| Beta vs S&P 500 | 1.12 | 1.70 |
| Max drawdown (3Y) | -69.0% | -44.5% |
| Market cap | $2.1B | $0.8B |
| P/E (trailing) | 13.7 | 139.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADMA | SWIM |
|---|---|---|
| 2022 | +175.2% | -87.1% |
| 2023 | +16.5% | -18.3% |
| 2024 | +279.4% | +164.6% |
| 2025 | +6.4% | -8.8% |
| 2026 | -48.0% | +9.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADMA and SWIM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ADMA and SWIM?
The ADMA/SWIM correlation stands at 0.42 on a 3-year window (1 year: 0.48, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is SWIM a good diversifier for ADMA?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/adma-vs-swim.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adma-vs-swim/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADMA correlations · SWIM correlations
