ANTX vs SOC: Correlation
How closely do AN2 Therapeutics, Inc. (ANTX) and Sable Offshore Corp. (SOC) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANTX and SOC?
On 3 years of weekly data the ANTX/SOC correlation comes out at 0.36, moderate. The link has tightened recently: the 1-year correlation (0.53) runs above the 3-year figure (0.36). The 5-year figure is 0.29, and annualized covariance runs at 4825.3 %².
Within ANTX's tracked universe of 30 assets, SOC comes in at #12 by 3-year correlation. The last year tells two different stories: ANTX led by 487.1 percentage points, +403.5% for ANTX against -83.6% for SOC.
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 SOC: side by side
| ANTX (AN2 Therapeutics, Inc.) | SOC (Sable Offshore Corp.) | |
|---|---|---|
| 1-year return | +403.5% | -83.6% |
| 5-year return | -62.7% | -51.7% |
| Volatility (ann.) | 131.4% | 101.7% |
| Beta vs S&P 500 | 0.22 | 0.03 |
| Max drawdown (3Y) | -95.4% | -90.7% |
| Market cap | $0.2B | $0.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANTX | SOC |
|---|---|---|
| 2022 | – | +3.4% |
| 2023 | +115.0% | +13.3% |
| 2024 | -93.3% | +101.1% |
| 2025 | -17.4% | -60.6% |
| 2026 | +403.5% | -48.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANTX and SOC good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ANTX and SOC?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.53 over the last year and 0.29 over 5 years.
Is SOC a good diversifier for ANTX?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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
$ curl https://www.pairbook.io/api/v1/pairs/antx-vs-soc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/antx-vs-soc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ANTX correlations · SOC correlations
