ALLO vs NSTS: Correlation
Measured on weekly returns over the past three years, Allogene Therapeutics, Inc. (ALLO) and NSTS Bancorp, Inc. (NSTS) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALLO and NSTS?
On 3 years of weekly data the ALLO/NSTS correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.20 over 1 year against -0.22 over 3. The 5-year figure is -0.13, and annualized covariance runs at -340.7 %².
Out of 21 assets tracked against ALLO, NSTS lands near the bottom at #19. The last year tells two different stories: ALLO led by 62.3 percentage points, +80.2% for ALLO against +17.9% for NSTS. Note the risk asymmetry: ALLO runs 4.4 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.
ALLO vs NSTS: side by side
| ALLO (Allogene Therapeutics, Inc.) | NSTS (NSTS Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +80.2% | +17.9% |
| 5-year return | -91.3% | +11.4% |
| Volatility (ann.) | 83.3% | 19.0% |
| Beta vs S&P 500 | 1.96 | 0.01 |
| Max drawdown (3Y) | -83.1% | -18.5% |
| Market cap | $0.7B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ALLO | NSTS |
|---|---|---|
| 2022 | -57.8% | – |
| 2023 | -49.0% | -6.1% |
| 2024 | -33.6% | +24.1% |
| 2025 | -35.7% | +9.7% |
| 2026 | +52.6% | +8.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALLO and NSTS good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between ALLO and NSTS?
The ALLO/NSTS correlation stands at -0.22 on a 3-year window (1 year: -0.20, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is NSTS a good diversifier for ALLO?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/allo-vs-nsts.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/allo-vs-nsts/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ALLO correlations · NSTS correlations
