ANGO vs MYSE: Correlation
Measured on weekly returns over the past three years, AngioDynamics, Inc. (ANGO) and Myseum.AI, Inc. (MYSE) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANGO and MYSE?
Across a 3-year window, the weekly returns of ANGO and MYSE correlate at 0.38, moderate. Little has changed lately, as the 1-year reading of 0.30 lands near the 3-year figure. Stretching to 5 years gives 0.29, with an annualized covariance of 3232.3 %².
MYSE is one of the assets that tracks ANGO most closely: it ranks #2 out of the 11 assets we track against ANGO. Correlation aside, the last 12 months split them widely, with ANGO ahead by 25.6 points (+57.6% versus +32.0%). One caveat on sizing: MYSE is 3.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ANGO vs MYSE: side by side
| ANGO (AngioDynamics, Inc.) | MYSE (Myseum.AI, Inc.) | |
|---|---|---|
| 1-year return | +57.6% | +32.0% |
| 5-year return | -44.6% | -96.4% |
| Volatility (ann.) | 50.1% | 170.4% |
| Beta vs S&P 500 | 0.26 | 1.47 |
| Max drawdown (3Y) | -37.3% | -85.1% |
| Market cap | $0.7B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANGO | MYSE |
|---|---|---|
| 2022 | -50.1% | -91.8% |
| 2023 | -43.1% | +16.2% |
| 2024 | +16.8% | -38.0% |
| 2025 | +40.2% | -3.9% |
| 2026 | +22.9% | +56.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANGO and MYSE good diversifiers for each other?
Reasonably. At 0.38, ANGO and MYSE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ANGO and MYSE?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.30 over the last year and 0.29 over 5 years.
Is MYSE a good diversifier for ANGO?
Reasonably. At 0.38, ANGO and MYSE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 mean?
A reading of 0.38 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/ango-vs-myse.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ango-vs-myse/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ANGO correlations · MYSE correlations
