ARQ vs SLSN: Correlation
Measured on weekly returns over the past three years, Arq, Inc. (ARQ) and Solesence, Inc. (SLSN) 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 ARQ and SLSN?
On 3 years of weekly data the ARQ/SLSN correlation comes out at 0.33, moderate. The relationship has been stable: the 1-year correlation (0.24) sits close to the 3-year figure. The 5-year figure is 0.25, and annualized covariance runs at 2717.1 %².
Out of 15 assets tracked against ARQ, SLSN lands near the bottom at #11. Twelve-month performance is nearly a tie, at -71.1% for ARQ and -73.4% for SLSN.
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.
ARQ vs SLSN: side by side
| ARQ (Arq, Inc.) | SLSN (Solesence, Inc.) | |
|---|---|---|
| 1-year return | -71.1% | -73.4% |
| 5-year return | -67.7% | -58.3% |
| Volatility (ann.) | 78.9% | 103.9% |
| Beta vs S&P 500 | 1.85 | 1.53 |
| Max drawdown (3Y) | -79.6% | -87.7% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARQ | SLSN |
|---|---|---|
| 2022 | -63.3% | -74.3% |
| 2023 | +22.6% | -46.9% |
| 2024 | +154.0% | +306.7% |
| 2025 | -56.8% | -34.4% |
| 2026 | -32.7% | -40.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARQ and SLSN 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 ARQ and SLSN?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.24 over the last year and 0.25 over 5 years.
Is SLSN a good diversifier for ARQ?
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?
On the −1 to +1 scale, 0.33 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/arq-vs-slsn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/arq-vs-slsn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ARQ correlations · SLSN correlations
