AMST vs MTVA: Correlation
How closely do Amesite Inc. (AMST) and MetaVia Inc. (MTVA) trade together? Their weekly returns over three years give a correlation of 0.58, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMST and MTVA?
Across a 3-year window, the weekly returns of AMST and MTVA correlate at 0.58, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.83 versus 0.58 over 3 years. Stretching to 5 years gives 0.45, with an annualized covariance of 12738.8 %².
Few assets follow AMST as closely as MTVA, which ranks #3 of 15 tracked partners. The last year tells two different stories: AMST led by 16.4 percentage points, -59.8% for AMST against -76.2% for MTVA.
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.
AMST vs MTVA: side by side
| AMST (Amesite Inc.) | MTVA (MetaVia Inc.) | |
|---|---|---|
| 1-year return | -59.8% | -76.2% |
| 5-year return | -95.5% | -100.0% |
| Volatility (ann.) | 125.5% | 173.6% |
| Beta vs S&P 500 | 1.09 | 1.46 |
| Max drawdown (3Y) | -84.6% | -98.6% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMST | MTVA |
|---|---|---|
| 2022 | -83.0% | -98.0% |
| 2023 | +7.1% | -35.6% |
| 2024 | +111.1% | -45.1% |
| 2025 | -60.2% | -62.3% |
| 2026 | -42.3% | -80.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMST and MTVA good diversifiers for each other?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AMST and MTVA?
As of 2026-08-27, the correlation of weekly returns between AMST and MTVA is 0.58 over 3 years, 0.83 over 1 year and 0.45 over 5 years.
Is MTVA a good diversifier for AMST?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.58 mean?
A reading of 0.58 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/amst-vs-mtva.json
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[](https://www.pairbook.io/pair/amst-vs-mtva/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMST correlations · MTVA correlations
