AREN vs PLUR: Correlation
Measured on weekly returns over the past three years, The Arena Group Holdings, Inc. (AREN) and Pluri Inc. (PLUR) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AREN and PLUR?
On 3 years of weekly data the AREN/PLUR correlation comes out at 0.33, moderate. The past 12 months show a weaker link (0.10) than the 3-year average (0.33). The 5-year figure is 0.25, and annualized covariance runs at 3606.2 %².
By 3-year correlation, PLUR places #9 of the 22 assets tracked against AREN. Correlation aside, the last 12 months split them widely, with PLUR ahead by 16.7 points (-84.8% versus -68.1%). One caveat on sizing: AREN is 2.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
AREN vs PLUR: side by side
| AREN (The Arena Group Holdings, Inc.) | PLUR (Pluri Inc.) | |
|---|---|---|
| 1-year return | -84.8% | -68.1% |
| 5-year return | -93.0% | -93.5% |
| Volatility (ann.) | 157.6% | 69.6% |
| Beta vs S&P 500 | 0.49 | 0.94 |
| Max drawdown (3Y) | -91.7% | -81.9% |
| Market cap | – | – |
| P/E (trailing) | 4.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AREN | PLUR |
|---|---|---|
| 2022 | -24.6% | -35.6% |
| 2023 | -77.6% | -38.3% |
| 2024 | -43.7% | -7.8% |
| 2025 | +198.5% | -30.1% |
| 2026 | -76.5% | -48.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AREN and PLUR good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AREN and PLUR?
The AREN/PLUR correlation stands at 0.33 on a 3-year window (1 year: 0.10, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is PLUR a good diversifier for AREN?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 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/aren-vs-plur.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aren-vs-plur/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AREN correlations · PLUR correlations
