AGEN vs HAS: Correlation
Agenus Inc. (AGEN) and Hasbro (HAS) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGEN and HAS?
Across a 3-year window, the weekly returns of AGEN and HAS correlate at 0.41, moderate. Little has changed lately, as the 1-year reading of 0.37 lands near the 3-year figure. Stretching to 5 years gives 0.32, with an annualized covariance of 1628.3 %².
Few assets follow AGEN as closely as HAS, which ranks #2 of 11 tracked partners. Correlation aside, the last 12 months split them widely, with AGEN ahead by 52.8 points (+72.0% versus +19.2%). Risk is not evenly split, since AGEN carries 4.0 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.
AGEN vs HAS: side by side
| AGEN (Agenus Inc.) | HAS (Hasbro) | |
|---|---|---|
| 1-year return | +72.0% | +19.2% |
| 5-year return | -94.0% | +17.1% |
| Volatility (ann.) | 126.6% | 31.7% |
| Beta vs S&P 500 | 2.72 | 0.86 |
| Max drawdown (3Y) | -94.7% | -40.3% |
| Market cap | $0.4B | $13.3B |
| P/E (trailing) | 2.8 | 17.1 |
| Dividend yield | 0.00% | 2.91% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | AGEN | HAS |
|---|---|---|
| 2022 | -25.5% | -37.9% |
| 2023 | -64.8% | -11.9% |
| 2024 | -83.5% | +14.8% |
| 2025 | +14.6% | +52.5% |
| 2026 | +148.7% | +17.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGEN and HAS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AGEN and HAS?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.37 over the last year and 0.32 over 5 years.
Is HAS a good diversifier for AGEN?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 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/agen-vs-has.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/agen-vs-has/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AGEN correlations · HAS correlations
