ALNY vs SEGG: Correlation
Alnylam Pharmaceuticals, Inc. (ALNY) and Sports Entertainment Gaming Global Corporation (SEGG) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALNY and SEGG?
On 3 years of weekly data the ALNY/SEGG correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.65 versus -0.25 over 3 years. The 5-year figure is n/a, and annualized covariance runs at -4671.3 %².
Among the 11 assets we track against ALNY, SEGG sits near the bottom by co-movement, at rank #9. The trailing year gives ALNY the advantage: -47.9% versus -56.8%, a 8.9-point spread. Note the risk asymmetry: SEGG runs 8.0 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.
ALNY vs SEGG: side by side
| ALNY (Alnylam Pharmaceuticals, Inc.) | SEGG (Sports Entertainment Gaming Global Corporation) | |
|---|---|---|
| 1-year return | -47.9% | -56.8% |
| 5-year return | +16.2% | n/a |
| Volatility (ann.) | 48.5% | 389.2% |
| Beta vs S&P 500 | 0.93 | 0.24 |
| Max drawdown (3Y) | -58.2% | -98.9% |
| Market cap | $31.7B | – |
| P/E (trailing) | 41.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ALNY | SEGG |
|---|---|---|
| 2022 | +40.1% | – |
| 2023 | -19.5% | – |
| 2024 | +22.9% | -82.1% |
| 2025 | +69.0% | -84.9% |
| 2026 | -40.5% | +274.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALNY and SEGG good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ALNY and SEGG?
The ALNY/SEGG correlation stands at -0.25 on a 3-year window (1 year: -0.65, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SEGG a good diversifier for ALNY?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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/alny-vs-segg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/alny-vs-segg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ALNY correlations · SEGG correlations
