ARMP vs DIBS: Correlation
Armata Pharmaceuticals, Inc. (ARMP) and 1stdibs.com, Inc. (DIBS) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARMP and DIBS?
Across a 3-year window, the weekly returns of ARMP and DIBS correlate at 0.33, moderate. Recent behaviour matches the longer record: 0.34 over 1 year against 0.33 over 3. Stretching to 5 years gives 0.23, with an annualized covariance of 1510.6 %².
Few assets follow ARMP as closely as DIBS, which ranks #2 of 10 tracked partners. The last year tells two different stories: ARMP led by 62.6 percentage points, +122.5% for ARMP against +59.9% for DIBS. One caveat on sizing: ARMP is 2.0 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.
ARMP vs DIBS: side by side
| ARMP (Armata Pharmaceuticals, Inc.) | DIBS (1stdibs.com, Inc.) | |
|---|---|---|
| 1-year return | +122.5% | +59.9% |
| 5-year return | +48.0% | -74.0% |
| Volatility (ann.) | 95.4% | 47.7% |
| Beta vs S&P 500 | 0.63 | 0.59 |
| Max drawdown (3Y) | -78.5% | -61.3% |
| Market cap | $0.2B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARMP | DIBS |
|---|---|---|
| 2022 | -77.4% | -59.4% |
| 2023 | +161.3% | -7.9% |
| 2024 | -42.9% | -24.4% |
| 2025 | +239.5% | +69.2% |
| 2026 | -13.5% | -27.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARMP and DIBS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ARMP and DIBS?
As of 2026-08-27, the correlation of weekly returns between ARMP and DIBS is 0.33 over 3 years, 0.34 over 1 year and 0.23 over 5 years.
Is DIBS a good diversifier for ARMP?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
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/armp-vs-dibs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/armp-vs-dibs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ARMP correlations · DIBS correlations
