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ANTX vs PRSO: Correlation

Measured on weekly returns over the past three years, AN2 Therapeutics, Inc. (ANTX) and Peraso Inc. (PRSO) carry a correlation of 0.50, a moderate link.

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

Correlation (3Y)
0.50
moderate
Correlation (1Y)
0.68
last 12 months
Correlation (5Y)
0.27
long-run
Ann. covariance
8486.4
%² · weekly, annualized

How correlated are ANTX and PRSO?

Across a 3-year window, the weekly returns of ANTX and PRSO correlate at 0.50, moderate. The past 12 months show a tighter link (0.68) than the 3-year average (0.50). Stretching to 5 years gives 0.27, with an annualized covariance of 8486.4 %².

Within ANTX's tracked universe of 30 assets, PRSO comes in at #5 by 3-year correlation. The last year tells two different stories: ANTX led by 427.9 percentage points, +403.5% for ANTX against -24.4% for PRSO.

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 PRSO: side by side

ANTX (AN2 Therapeutics, Inc.)PRSO (Peraso Inc.)
1-year return+403.5%-24.4%
5-year return-62.7%-99.7%
Volatility (ann.)131.4%130.5%
Beta vs S&P 5000.220.93
Max drawdown (3Y)-95.4%-95.6%
Market cap$0.2B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: ANTX -95.4% vs -95.6%Higher 5y return: ANTX -62.7% vs -99.7%
-53%0%+375%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ANTX · PRSO

Year-by-year returns

YearANTXPRSO
2022-82.6%
2023+115.0%-61.6%
2024-93.3%-89.6%
2025-17.4%-25.0%
2026+403.5%-25.3%

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

Are ANTX and PRSO good diversifiers for each other?

Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between ANTX and PRSO?

As of 2026-08-27, the correlation of weekly returns between ANTX and PRSO is 0.50 over 3 years, 0.68 over 1 year and 0.27 over 5 years.

Is PRSO a good diversifier for ANTX?

Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.50 mean?

On the −1 to +1 scale, 0.50 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

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ANTX vs PRSO: 3-year weekly correlation 0.50ANTX vs PRSO0.50

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Related comparisons

Hubs: ANTX correlations · PRSO correlations