AGNT vs MCRB: Correlation
AGNT, Inc. (AGNT) and Seres Therapeutics, Inc. (MCRB) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGNT and MCRB?
On 3 years of weekly data the AGNT/MCRB correlation comes out at 0.42, moderate. Little has changed lately, as the 1-year reading of 0.35 lands near the 3-year figure. The 5-year figure is 0.32, and annualized covariance runs at 2225.4 %².
Among the 18 assets we track against AGNT, MCRB ranks #10 by 3-year correlation. On 12-month performance AGNT holds a 14.2-point edge, -59.6% against -73.8%. Note the risk asymmetry: MCRB runs 2.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
AGNT vs MCRB: side by side
| AGNT (AGNT, Inc.) | MCRB (Seres Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -59.6% | -73.8% |
| 5-year return | -89.6% | -96.0% |
| Volatility (ann.) | 51.5% | 103.2% |
| Beta vs S&P 500 | 0.87 | 1.38 |
| Max drawdown (3Y) | -79.2% | -94.0% |
| Market cap | $0.7B | – |
| P/E (trailing) | – | – |
| Dividend yield | 4.57% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGNT | MCRB |
|---|---|---|
| 2022 | -66.7% | -32.8% |
| 2023 | +42.0% | -75.0% |
| 2024 | -24.6% | -40.6% |
| 2025 | -19.7% | -10.5% |
| 2026 | -52.1% | -66.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGNT and MCRB good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AGNT and MCRB?
As of 2026-08-27, the correlation of weekly returns between AGNT and MCRB is 0.42 over 3 years, 0.35 over 1 year and 0.32 over 5 years.
Is MCRB a good diversifier for AGNT?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 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/agnt-vs-mcrb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/agnt-vs-mcrb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AGNT correlations · MCRB correlations
