ASBP vs GAUZ: Correlation
Measured on weekly returns over the past three years, Aspire Biopharma Holdings, Inc. (ASBP) and Gauzy Ltd. (GAUZ) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASBP and GAUZ?
Over the past 3 years, ASBP and GAUZ moved with a correlation of 0.45, which is moderate. Little has changed lately, as the 1-year reading of 0.50 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 105215.8 %².
Among the 70 assets we track against ASBP, GAUZ ranks #11 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ASBP outperformed by 30.2 percentage points (-61.3% for ASBP against -91.5% for GAUZ). Risk is not evenly split, since ASBP carries 14.4 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 GAUZ: side by side
| ASBP (Aspire Biopharma Holdings, Inc.) | GAUZ (Gauzy Ltd.) | |
|---|---|---|
| 1-year return | -61.3% | -91.5% |
| 5-year return | -97.9% | n/a |
| Volatility (ann.) | 1699.4% | 118.3% |
| Beta vs S&P 500 | 0.59 | 1.25 |
| Max drawdown (3Y) | -100.0% | -98.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASBP | GAUZ |
|---|---|---|
| 2023 | +5.7% | – |
| 2024 | +5.6% | – |
| 2025 | -98.9% | -87.0% |
| 2026 | +56.4% | -65.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASBP and GAUZ 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 ASBP and GAUZ?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.50 over the last year and n/a over 5 years.
Is GAUZ a good diversifier for ASBP?
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/asbp-vs-gauz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/asbp-vs-gauz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ASBP correlations · GAUZ correlations
