ARCT vs SLE: Correlation
Measured on weekly returns over the past three years, Arcturus Therapeutics Holdings Inc. (ARCT) and Super League Enterprise, Inc. (SLE) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARCT and SLE?
Over the past 3 years, ARCT and SLE moved with a correlation of 0.38, which is moderate. The relationship has been stable: the 1-year correlation (0.46) sits close to the 3-year figure. Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 4376.8 %².
Among the 14 assets we track against ARCT, SLE ranks #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ARCT ahead by 84.4 points (-6.5% versus -90.9%).
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.
ARCT vs SLE: side by side
| ARCT (Arcturus Therapeutics Holdings Inc.) | SLE (Super League Enterprise, Inc.) | |
|---|---|---|
| 1-year return | -6.5% | -90.9% |
| 5-year return | -69.9% | -100.0% |
| Volatility (ann.) | 90.6% | 126.8% |
| Beta vs S&P 500 | 2.39 | 1.87 |
| Max drawdown (3Y) | -87.5% | -99.9% |
| Market cap | $0.5B | $0.2B |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARCT | SLE |
|---|---|---|
| 2022 | -54.2% | -85.8% |
| 2023 | +85.9% | -77.4% |
| 2024 | -46.2% | -59.3% |
| 2025 | -63.9% | -97.5% |
| 2026 | +163.8% | -48.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARCT and SLE good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ARCT and SLE?
As of 2026-08-27, the correlation of weekly returns between ARCT and SLE is 0.38 over 3 years, 0.46 over 1 year and 0.30 over 5 years.
Is SLE a good diversifier for ARCT?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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/arct-vs-sle.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/arct-vs-sle/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ARCT correlations · SLE correlations
