ASBP vs IFF: Correlation
Aspire Biopharma Holdings, Inc. (ASBP) and International Flavors & Fragrances (IFF) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASBP and IFF?
On 3 years of weekly data the ASBP/IFF correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.29 over 1 year against -0.19 over 3. The 5-year figure is -0.14, and annualized covariance runs at -9660.1 %².
By 3-year correlation, IFF places #29 of the 70 assets tracked against ASBP. Correlation aside, the last 12 months split them widely, with IFF ahead by 94.5 points (-61.3% versus +33.2%). One caveat on sizing: ASBP is 57.6 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.
ASBP vs IFF: side by side
| ASBP (Aspire Biopharma Holdings, Inc.) | IFF (International Flavors & Fragrances) | |
|---|---|---|
| 1-year return | -61.3% | +33.2% |
| 5-year return | -97.9% | -34.3% |
| Volatility (ann.) | 1699.4% | 29.5% |
| Beta vs S&P 500 | 0.59 | 0.69 |
| Max drawdown (3Y) | -100.0% | -42.6% |
| Market cap | – | $22.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.84% |
| Sector / category | US Listed | Materials |
Year-by-year returns
| Year | ASBP | IFF |
|---|---|---|
| 2022 | – | -28.3% |
| 2023 | +5.7% | -19.5% |
| 2024 | +5.6% | +6.3% |
| 2025 | -98.9% | -18.4% |
| 2026 | +56.4% | +30.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASBP and IFF good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ASBP and IFF?
The ASBP/IFF correlation stands at -0.19 on a 3-year window (1 year: -0.29, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is IFF a good diversifier for ASBP?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 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/asbp-vs-iff.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/asbp-vs-iff/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ASBP correlations · IFF correlations
