ARTV vs SLN: Correlation
Artiva Biotherapeutics, Inc. (ARTV) and Silence Therapeutics Plc - American Depository Share (SLN) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARTV and SLN?
Over the past 3 years, ARTV and SLN moved with a correlation of 0.45, which is moderate. The past 12 months show a tighter link (0.57) than the 3-year average (0.45). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 6141.9 %².
Among the 19 assets we track against ARTV, SLN ranks #8 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ARTV ahead by 106.4 points (+265.1% versus +158.7%). Risk is not evenly split, since ARTV carries 1.7 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.
ARTV vs SLN: side by side
| ARTV (Artiva Biotherapeutics, Inc.) | SLN (Silence Therapeutics Plc - American Depository Share) | |
|---|---|---|
| 1-year return | +265.1% | +158.7% |
| 5-year return | n/a | -42.5% |
| Volatility (ann.) | 145.0% | 86.0% |
| Beta vs S&P 500 | 2.62 | 1.27 |
| Max drawdown (3Y) | -90.7% | -91.7% |
| Market cap | $0.6B | $0.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARTV | SLN |
|---|---|---|
| 2022 | – | -36.2% |
| 2023 | – | +13.9% |
| 2024 | – | -60.4% |
| 2025 | -57.4% | -11.6% |
| 2026 | +178.3% | +121.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARTV and SLN good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ARTV and SLN?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.57 over the last year and n/a over 5 years.
Is SLN a good diversifier for ARTV?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
A reading of 0.45 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/artv-vs-sln.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/artv-vs-sln/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ARTV correlations · SLN correlations
