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AKAN vs CMPX: Correlation

Akanda Corp. (AKAN) and Compass Therapeutics, Inc. (CMPX) show a negative relationship: their 3-year correlation of weekly returns is -0.33.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.33
negative
Correlation (1Y)
-0.66
last 12 months
Correlation (5Y)
-0.31
long-run
Ann. covariance
-8081.7
%² · weekly, annualized

How correlated are AKAN and CMPX?

Across a 3-year window, the weekly returns of AKAN and CMPX correlate at -0.33, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.66) runs below the 3-year figure (-0.33). Stretching to 5 years gives -0.31, with an annualized covariance of -8081.7 %².

Out of 26 assets tracked against AKAN, CMPX lands near the bottom at #25. Their recent paths diverged sharply: over the last 12 months CMPX outperformed by 72.0 percentage points (-95.2% for AKAN against -23.2% for CMPX). One caveat on sizing: AKAN is 3.3 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.

AKAN vs CMPX: side by side

AKAN (Akanda Corp.)CMPX (Compass Therapeutics, Inc.)
1-year return-95.2%-23.2%
5-year return-100.0%-37.8%
Volatility (ann.)285.6%85.8%
Beta vs S&P 5002.861.92
Max drawdown (3Y)-99.9%-75.0%
Market cap$0.5B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: CMPX -75.0% vs -99.9%Higher 5y return: CMPX -37.8% vs -100.0%
-97%0%+90%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). AKAN · CMPX

Year-by-year returns

YearAKANCMPX
2022+58.7%
2023-70.5%-69.0%
2024-95.5%-7.1%
2025-90.9%+270.3%
2026-58.9%-53.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AKAN and CMPX good diversifiers for each other?

By historical standards, yes. A correlation of -0.33 means the two rarely move for the same reasons.

FAQ

What is the correlation between AKAN and CMPX?

Using weekly returns as of 2026-08-27: -0.33 over 3 years, with -0.66 over the last year and -0.31 over 5 years.

Is CMPX a good diversifier for AKAN?

By historical standards, yes. A correlation of -0.33 means the two rarely move for the same reasons.

What does a correlation of -0.33 mean?

A reading of -0.33 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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AKAN vs CMPX: 3-year weekly correlation -0.33AKAN vs CMPX-0.33

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Related comparisons

Hubs: AKAN correlations · CMPX correlations