ASBP vs TTEK: Correlation
Aspire Biopharma Holdings, Inc. (ASBP) and Tetra Tech, Inc. (TTEK) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASBP and TTEK?
On 3 years of weekly data the ASBP/TTEK correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.40 versus -0.26 over 3 years. The 5-year figure is -0.21, and annualized covariance runs at -13392.5 %².
Within ASBP's tracked universe of 70 assets, TTEK comes in at #44 by 3-year correlation. The last year tells two different stories: TTEK led by 61.2 percentage points, -61.3% for ASBP against -0.1% for TTEK. One caveat on sizing: ASBP is 56.1 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 TTEK: side by side
| ASBP (Aspire Biopharma Holdings, Inc.) | TTEK (Tetra Tech, Inc.) | |
|---|---|---|
| 1-year return | -61.3% | -0.1% |
| 5-year return | -97.9% | +32.3% |
| Volatility (ann.) | 1699.4% | 30.3% |
| Beta vs S&P 500 | 0.59 | 0.54 |
| Max drawdown (3Y) | -100.0% | -47.5% |
| Market cap | – | $9.4B |
| P/E (trailing) | – | 22.1 |
| Dividend yield | 0.00% | 0.73% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASBP | TTEK |
|---|---|---|
| 2022 | – | -14.0% |
| 2023 | +5.7% | +15.7% |
| 2024 | +5.6% | +20.0% |
| 2025 | -98.9% | -15.2% |
| 2026 | +56.4% | +9.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASBP and TTEK good diversifiers for each other?
Yes. With a correlation of -0.26, ASBP and TTEK have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ASBP and TTEK?
The ASBP/TTEK correlation stands at -0.26 on a 3-year window (1 year: -0.40, 5 years: -0.21), computed from weekly returns as of 2026-08-27.
Is TTEK a good diversifier for ASBP?
Yes. With a correlation of -0.26, ASBP and TTEK have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 mean?
A reading of -0.26 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-ttek.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/asbp-vs-ttek/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ASBP correlations · TTEK correlations
