ALZN vs ATNM: Correlation
Alzamend Neuro, Inc. (ALZN) and Actinium Pharmaceuticals, Inc. (Delaware) (ATNM) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALZN and ATNM?
On 3 years of weekly data the ALZN/ATNM correlation comes out at 0.36, moderate. Recent behaviour matches the longer record: 0.30 over 1 year against 0.36 over 3. The 5-year figure is 0.28, and annualized covariance runs at 2790.9 %².
Few assets follow ALZN as closely as ATNM, which ranks #2 of 10 tracked partners. The trailing year gives ALZN the advantage: -32.3% versus -43.2%, a 10.9-point spread.
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.
ALZN vs ATNM: side by side
| ALZN (Alzamend Neuro, Inc.) | ATNM (Actinium Pharmaceuticals, Inc. (Delaware)) | |
|---|---|---|
| 1-year return | -32.3% | -43.2% |
| 5-year return | -100.0% | -83.3% |
| Volatility (ann.) | 92.3% | 83.6% |
| Beta vs S&P 500 | 0.81 | 1.73 |
| Max drawdown (3Y) | -99.8% | -92.4% |
| Market cap | – | – |
| P/E (trailing) | – | 2.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ALZN | ATNM |
|---|---|---|
| 2022 | -70.3% | +77.2% |
| 2023 | -89.5% | -52.3% |
| 2024 | -87.0% | -75.2% |
| 2025 | -82.6% | +7.9% |
| 2026 | -8.5% | -26.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALZN and ATNM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ALZN and ATNM?
The ALZN/ATNM correlation stands at 0.36 on a 3-year window (1 year: 0.30, 5 years: 0.28), computed from weekly returns as of 2026-08-27.
Is ATNM a good diversifier for ALZN?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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/alzn-vs-atnm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/alzn-vs-atnm/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ALZN correlations · ATNM correlations
