AIFF vs ANTX: Correlation
How closely do Firefly Neuroscience, Inc. (AIFF) and AN2 Therapeutics, Inc. (ANTX) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIFF and ANTX?
Across a 3-year window, the weekly returns of AIFF and ANTX correlate at 0.46, moderate. The past 12 months show a tighter link (0.89) than the 3-year average (0.46). Stretching to 5 years gives 0.32, with an annualized covariance of 11565.2 %².
By 3-year correlation, ANTX places #4 of the 15 assets tracked against AIFF. Their recent paths diverged sharply: over the last 12 months ANTX outperformed by 462.4 percentage points (-58.9% for AIFF against +403.5% for ANTX).
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.
AIFF vs ANTX: side by side
| AIFF (Firefly Neuroscience, Inc.) | ANTX (AN2 Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -58.9% | +403.5% |
| 5-year return | -98.8% | -62.7% |
| Volatility (ann.) | 190.4% | 131.4% |
| Beta vs S&P 500 | 1.78 | 0.22 |
| Max drawdown (3Y) | -95.9% | -95.4% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIFF | ANTX |
|---|---|---|
| 2022 | -90.3% | – |
| 2023 | -64.8% | +115.0% |
| 2024 | -47.7% | -93.3% |
| 2025 | -66.8% | -17.4% |
| 2026 | +22.7% | +403.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIFF and ANTX good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AIFF and ANTX?
The AIFF/ANTX correlation stands at 0.46 on a 3-year window (1 year: 0.89, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is ANTX a good diversifier for AIFF?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 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/aiff-vs-antx.json
Markdown for the live badge, attribution link included:
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Related comparisons
Hubs: AIFF correlations · ANTX correlations
