ASBP vs ATYR: Correlation
How closely do Aspire Biopharma Holdings, Inc. (ASBP) and aTyr Pharma, Inc. (ATYR) trade together? Their weekly returns over three years give a correlation of -0.28, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASBP and ATYR?
Over the past 3 years, ASBP and ATYR moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.38 over 1 year against -0.28 over 3. Over 5 years the correlation is -0.26, and the annualized covariance of weekly returns is -45470.7 %².
Within ASBP's tracked universe of 70 assets, ATYR comes in at #48 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ASBP outperformed by 28.0 percentage points (-61.3% for ASBP against -89.3% for ATYR). Risk is not evenly split, since ASBP carries 18.0 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.
ASBP vs ATYR: side by side
| ASBP (Aspire Biopharma Holdings, Inc.) | ATYR (aTyr Pharma, Inc.) | |
|---|---|---|
| 1-year return | -61.3% | -89.3% |
| 5-year return | -97.9% | -89.9% |
| Volatility (ann.) | 1699.4% | 94.3% |
| Beta vs S&P 500 | 0.59 | 1.25 |
| Max drawdown (3Y) | -100.0% | -94.0% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASBP | ATYR |
|---|---|---|
| 2022 | – | -70.7% |
| 2023 | +5.7% | -35.6% |
| 2024 | +5.6% | +156.7% |
| 2025 | -98.9% | -78.4% |
| 2026 | +56.4% | -29.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASBP and ATYR good diversifiers for each other?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ASBP and ATYR?
The ASBP/ATYR correlation stands at -0.28 on a 3-year window (1 year: -0.38, 5 years: -0.26), computed from weekly returns as of 2026-08-27.
Is ATYR a good diversifier for ASBP?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 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/asbp-vs-atyr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/asbp-vs-atyr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ASBP correlations · ATYR correlations
