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ANTX vs HROW: Correlation

Measured on weekly returns over the past three years, AN2 Therapeutics, Inc. (ANTX) and Harrow, Inc. (HROW) carry a correlation of -0.27, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.27
negative
Correlation (1Y)
-0.43
last 12 months
Correlation (5Y)
-0.04
long-run
Ann. covariance
-2638.7
%² · weekly, annualized

How correlated are ANTX and HROW?

Across a 3-year window, the weekly returns of ANTX and HROW correlate at -0.27, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.43) than the 3-year average (-0.27). Stretching to 5 years gives -0.04, with an annualized covariance of -2638.7 %².

Out of 30 assets tracked against ANTX, HROW lands near the bottom at #27. Correlation aside, the last 12 months split them widely, with ANTX ahead by 404.1 points (+403.5% versus -0.6%). Risk is not evenly split, since ANTX carries 1.8 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 HROW: side by side

ANTX (AN2 Therapeutics, Inc.)HROW (Harrow, Inc.)
1-year return+403.5%-0.6%
5-year return-62.7%+288.9%
Volatility (ann.)131.4%75.0%
Beta vs S&P 5000.221.98
Max drawdown (3Y)-95.4%-61.4%
Market cap$0.2B$1.4B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: HROW -61.4% vs -95.4%Higher 5y return: HROW +288.9% vs -62.7%
-18%0%+375%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ANTX · HROW

Year-by-year returns

YearANTXHROW
2022+70.8%
2023+115.0%-24.1%
2024-93.3%+199.6%
2025-17.4%+46.1%
2026+403.5%-21.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ANTX and HROW good diversifiers for each other?

By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.

FAQ

What is the correlation between ANTX and HROW?

Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.43 over the last year and -0.04 over 5 years.

Is HROW a good diversifier for ANTX?

By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.

What does a correlation of -0.27 mean?

On the −1 to +1 scale, -0.27 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/antx-vs-hrow.json

ANTX vs HROW: 3-year weekly correlation -0.27ANTX vs HROW-0.27

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Related comparisons

Hubs: ANTX correlations · HROW correlations