AGIO vs LAES: Correlation
Agios Pharmaceuticals, Inc. (AGIO) and SEALSQ Corp (LAES) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGIO and LAES?
Over the past 3 years, AGIO and LAES moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.19 versus -0.24 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -4073.9 %².
Out of 14 assets tracked against AGIO, LAES lands near the bottom at #11. On 12-month performance LAES holds a 8.3-point edge, -12.7% against -4.4%. One caveat on sizing: LAES is 4.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
AGIO vs LAES: side by side
| AGIO (Agios Pharmaceuticals, Inc.) | LAES (SEALSQ Corp) | |
|---|---|---|
| 1-year return | -12.7% | -4.4% |
| 5-year return | -22.1% | n/a |
| Volatility (ann.) | 64.3% | 261.5% |
| Beta vs S&P 500 | 1.80 | 1.57 |
| Max drawdown (3Y) | -63.8% | -94.5% |
| Market cap | $2.0B | $0.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGIO | LAES |
|---|---|---|
| 2022 | -14.6% | – |
| 2023 | -20.7% | – |
| 2024 | +47.6% | +380.5% |
| 2025 | -17.2% | -38.5% |
| 2026 | +25.9% | -31.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGIO and LAES good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AGIO and LAES?
As of 2026-08-27, the correlation of weekly returns between AGIO and LAES is -0.24 over 3 years, 0.19 over 1 year and n/a over 5 years.
Is LAES a good diversifier for AGIO?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 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/agio-vs-laes.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/agio-vs-laes/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AGIO correlations · LAES correlations
