AMLX vs SLE: Correlation
How closely do Amylyx Pharmaceuticals, Inc. (AMLX) and Super League Enterprise, Inc. (SLE) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMLX and SLE?
On 3 years of weekly data the AMLX/SLE correlation comes out at 0.34, moderate. The past 12 months show a tighter link (0.52) than the 3-year average (0.34). The 5-year figure is 0.25, and annualized covariance runs at 4193.6 %².
Among the 17 assets we track against AMLX, SLE ranks #9 by 3-year correlation. The last year tells two different stories: AMLX led by 384.3 percentage points, +293.4% for AMLX against -90.9% for SLE.
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.
AMLX vs SLE: side by side
| AMLX (Amylyx Pharmaceuticals, Inc.) | SLE (Super League Enterprise, Inc.) | |
|---|---|---|
| 1-year return | +293.4% | -90.9% |
| 5-year return | +105.8% | -100.0% |
| Volatility (ann.) | 97.8% | 126.8% |
| Beta vs S&P 500 | 1.29 | 1.87 |
| Max drawdown (3Y) | -92.6% | -99.9% |
| Market cap | $4.1B | $0.2B |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMLX | SLE |
|---|---|---|
| 2022 | – | -85.8% |
| 2023 | -60.2% | -77.4% |
| 2024 | -74.3% | -59.3% |
| 2025 | +219.6% | -97.5% |
| 2026 | +207.8% | -48.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMLX and SLE good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AMLX and SLE?
Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.52 over the last year and 0.25 over 5 years.
Is SLE a good diversifier for AMLX?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/amlx-vs-sle.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amlx-vs-sle/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AMLX correlations · SLE correlations
