APVO vs PRFX: Correlation
Aptevo Therapeutics Inc. (APVO) and PRF Technologies Ltd. (PRFX) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APVO and PRFX?
Across a 3-year window, the weekly returns of APVO and PRFX correlate at 0.32, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.11 versus 0.32 over 3 years. Stretching to 5 years gives 0.26, with an annualized covariance of 11172.7 %².
PRFX is one of the assets that tracks APVO most closely: it ranks #3 out of the 12 assets we track against APVO. Neither side won the trailing year by much: -92.5% against -87.7%. Risk is not evenly split, since PRFX carries 2.4 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 PRFX: side by side
| APVO (Aptevo Therapeutics Inc.) | PRFX (PRF Technologies Ltd.) | |
|---|---|---|
| 1-year return | -92.5% | -87.7% |
| 5-year return | -100.0% | -99.9% |
| Volatility (ann.) | 121.4% | 291.2% |
| Beta vs S&P 500 | 0.17 | 2.46 |
| Max drawdown (3Y) | -100.0% | -99.3% |
| Market cap | – | – |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | APVO | PRFX |
|---|---|---|
| 2022 | -70.5% | -68.9% |
| 2023 | -92.2% | -33.4% |
| 2024 | -98.5% | -79.7% |
| 2025 | -99.4% | -80.9% |
| 2026 | -74.3% | -69.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APVO and PRFX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between APVO and PRFX?
The APVO/PRFX correlation stands at 0.32 on a 3-year window (1 year: 0.11, 5 years: 0.26), computed from weekly returns as of 2026-08-27.
Is PRFX a good diversifier for APVO?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.32 mean?
A reading of 0.32 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/apvo-vs-prfx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/apvo-vs-prfx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: APVO correlations · PRFX correlations
