ANNA vs NMRA: Correlation
How closely do AleAnna, Inc. (ANNA) and Neumora Therapeutics, Inc. (NMRA) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and NMRA?
Across a 3-year window, the weekly returns of ANNA and NMRA correlate at -0.27, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.29 over 1 year against -0.27 over 3. Stretching to 5 years gives n/a, with an annualized covariance of -2690.1 %².
By 3-year correlation, NMRA places #94 of the 103 assets tracked against ANNA. Correlation aside, the last 12 months split them widely, with NMRA ahead by 18.4 points (-34.3% versus -15.9%).
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.
ANNA vs NMRA: side by side
| ANNA (AleAnna, Inc.) | NMRA (Neumora Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -34.3% | -15.9% |
| 5-year return | -71.7% | n/a |
| Volatility (ann.) | 88.7% | 111.2% |
| Beta vs S&P 500 | -0.92 | 2.04 |
| Max drawdown (3Y) | -86.3% | -96.9% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | 14.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANNA | NMRA |
|---|---|---|
| 2023 | +7.3% | – |
| 2024 | -37.6% | -37.8% |
| 2025 | -57.6% | -83.1% |
| 2026 | -3.0% | -17.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and NMRA good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ANNA and NMRA?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.29 over the last year and n/a over 5 years.
Is NMRA a good diversifier for ANNA?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 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/anna-vs-nmra.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/anna-vs-nmra/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ANNA correlations · NMRA correlations
