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ASBP vs TLSI: Correlation

Measured on weekly returns over the past three years, Aspire Biopharma Holdings, Inc. (ASBP) and TriSalus Life Sciences, Inc. (TLSI) carry a correlation of -0.26, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.26
negative
Correlation (1Y)
-0.49
last 12 months
Correlation (5Y)
-0.24
long-run
Ann. covariance
-38895.1
%² · weekly, annualized

How correlated are ASBP and TLSI?

Over the past 3 years, ASBP and TLSI moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.49) runs below the 3-year figure (-0.26). Over 5 years the correlation is -0.24, and the annualized covariance of weekly returns is -38895.1 %².

By 3-year correlation, TLSI places #43 of the 70 assets tracked against ASBP. Correlation aside, the last 12 months split them widely, with TLSI ahead by 58.0 points (-61.3% versus -3.3%). One caveat on sizing: ASBP is 18.9 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 TLSI: side by side

ASBP (Aspire Biopharma Holdings, Inc.)TLSI (TriSalus Life Sciences, Inc.)
1-year return-61.3%-3.3%
5-year return-97.9%-49.6%
Volatility (ann.)1699.4%89.7%
Beta vs S&P 5000.591.13
Max drawdown (3Y)-100.0%-75.4%
Market cap$0.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: TLSI -75.4% vs -100.0%Higher 5y return: TLSI -49.6% vs -97.9%
-99%0%+49%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ASBP · TLSI

Year-by-year returns

YearASBPTLSI
2022+1.5%
2023+5.7%-15.8%
2024+5.6%-40.7%
2025-98.9%+39.3%
2026+56.4%-29.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ASBP and TLSI good diversifiers for each other?

By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.

FAQ

What is the correlation between ASBP and TLSI?

As of 2026-08-27, the correlation of weekly returns between ASBP and TLSI is -0.26 over 3 years, -0.49 over 1 year and -0.24 over 5 years.

Is TLSI a good diversifier for ASBP?

By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.

What does a correlation of -0.26 mean?

On the −1 to +1 scale, -0.26 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.

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ASBP vs TLSI: 3-year weekly correlation -0.26ASBP vs TLSI-0.26

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Hubs: ASBP correlations · TLSI correlations