APGE vs BOLD: Correlation
Measured on weekly returns over the past three years, Apogee Therapeutics, Inc. (APGE) and Boundless Bio, Inc. (BOLD) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APGE and BOLD?
On 3 years of weekly data the APGE/BOLD correlation comes out at 0.47, moderate. The past 12 months show a tighter link (0.58) than the 3-year average (0.47). The 5-year figure is n/a, and annualized covariance runs at 2866.3 %².
By 3-year correlation, BOLD places #6 of the 14 assets tracked against APGE. The last year tells two different stories: APGE led by 106.2 percentage points, +257.1% for APGE against +150.9% for BOLD.
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.
APGE vs BOLD: side by side
| APGE (Apogee Therapeutics, Inc.) | BOLD (Boundless Bio, Inc.) | |
|---|---|---|
| 1-year return | +257.1% | +150.9% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 82.6% | 90.9% |
| Beta vs S&P 500 | 1.06 | 1.60 |
| Max drawdown (3Y) | -58.8% | -92.9% |
| Market cap | $10.2B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | APGE | BOLD |
|---|---|---|
| 2024 | +62.1% | – |
| 2025 | +66.6% | -58.6% |
| 2026 | +78.8% | +138.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APGE and BOLD good diversifiers for each other?
Reasonably. At 0.47, APGE and BOLD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between APGE and BOLD?
The APGE/BOLD correlation stands at 0.47 on a 3-year window (1 year: 0.58, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is BOLD a good diversifier for APGE?
Reasonably. At 0.47, APGE and BOLD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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/apge-vs-bold.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/apge-vs-bold/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: APGE correlations · BOLD correlations
