ANTX vs DDI: Correlation
AN2 Therapeutics, Inc. (ANTX) and DoubleDown Interactive Co., Ltd. - American Depository (DDI) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANTX and DDI?
On 3 years of weekly data the ANTX/DDI correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.01) than the 3-year average (-0.22). The 5-year figure is -0.18, and annualized covariance runs at -1504.8 %².
Within ANTX's tracked universe of 30 assets, DDI comes in at #24 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ANTX outperformed by 369.0 percentage points (+403.5% for ANTX against +34.5% for DDI). Risk is not evenly split, since ANTX carries 2.6 times the volatility of the other side.
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.
ANTX vs DDI: side by side
| ANTX (AN2 Therapeutics, Inc.) | DDI (DoubleDown Interactive Co., Ltd. - American Depository) | |
|---|---|---|
| 1-year return | +403.5% | +34.5% |
| 5-year return | -62.7% | -28.2% |
| Volatility (ann.) | 131.4% | 51.1% |
| Beta vs S&P 500 | 0.22 | 0.44 |
| Max drawdown (3Y) | -95.4% | -52.1% |
| Market cap | $0.2B | $0.6B |
| P/E (trailing) | – | 5.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANTX | DDI |
|---|---|---|
| 2022 | – | -45.5% |
| 2023 | +115.0% | -13.0% |
| 2024 | -93.3% | +42.0% |
| 2025 | -17.4% | -17.3% |
| 2026 | +403.5% | +47.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANTX and DDI good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ANTX and DDI?
As of 2026-08-27, the correlation of weekly returns between ANTX and DDI is -0.22 over 3 years, -0.01 over 1 year and -0.18 over 5 years.
Is DDI a good diversifier for ANTX?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 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/antx-vs-ddi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/antx-vs-ddi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ANTX correlations · DDI correlations
