APVO vs MOS: Correlation
Aptevo Therapeutics Inc. (APVO) and Mosaic Company (The) (MOS) show a negative relationship: their 3-year correlation of weekly returns is -0.13.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APVO and MOS?
On 3 years of weekly data the APVO/MOS correlation comes out at -0.13, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.17 lands near the 3-year figure. The 5-year figure is -0.02, and annualized covariance runs at -576.4 %².
MOS is close to the least connected end of APVO's tracked universe, ranking #8 of 12. Their recent paths diverged sharply: over the last 12 months MOS outperformed by 65.9 percentage points (-92.5% for APVO against -26.6% for MOS). Risk is not evenly split, since APVO carries 3.3 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.
APVO vs MOS: side by side
| APVO (Aptevo Therapeutics Inc.) | MOS (Mosaic Company (The)) | |
|---|---|---|
| 1-year return | -92.5% | -26.6% |
| 5-year return | -100.0% | -17.1% |
| Volatility (ann.) | 121.4% | 36.6% |
| Beta vs S&P 500 | 0.17 | 0.78 |
| Max drawdown (3Y) | -100.0% | -45.7% |
| Market cap | – | $7.6B |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 3.64% |
| Sector / category | US Listed | Materials |
Year-by-year returns
| Year | APVO | MOS |
|---|---|---|
| 2022 | -70.5% | +12.8% |
| 2023 | -92.2% | -16.4% |
| 2024 | -98.5% | -29.1% |
| 2025 | -99.4% | +1.1% |
| 2026 | -74.3% | +0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APVO and MOS good diversifiers for each other?
Yes. With a correlation of -0.13, APVO and MOS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between APVO and MOS?
As of 2026-08-27, the correlation of weekly returns between APVO and MOS is -0.13 over 3 years, -0.17 over 1 year and -0.02 over 5 years.
Is MOS a good diversifier for APVO?
Yes. With a correlation of -0.13, APVO and MOS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.13 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/apvo-vs-mos.json
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Related comparisons
Hubs: APVO correlations · MOS correlations
