ASBP vs WFCF: Correlation
Aspire Biopharma Holdings, Inc. (ASBP) and Where Food Comes From, Inc. (WFCF) show a negative relationship: their 3-year correlation of weekly returns is -0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASBP and WFCF?
On 3 years of weekly data the ASBP/WFCF correlation comes out at -0.46, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.53) sits close to the 3-year figure. The 5-year figure is -0.42, and annualized covariance runs at -44669.9 %².
Out of 70 assets tracked against ASBP, WFCF lands near the bottom at #69. The last year tells two different stories: WFCF led by 71.7 percentage points, -61.3% for ASBP against +10.4% for WFCF. One caveat on sizing: ASBP is 29.8 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 WFCF: side by side
| ASBP (Aspire Biopharma Holdings, Inc.) | WFCF (Where Food Comes From, Inc.) | |
|---|---|---|
| 1-year return | -61.3% | +10.4% |
| 5-year return | -97.9% | +0.4% |
| Volatility (ann.) | 1699.4% | 57.1% |
| Beta vs S&P 500 | 0.59 | 0.27 |
| Max drawdown (3Y) | -100.0% | -49.1% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 45.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASBP | WFCF |
|---|---|---|
| 2022 | – | -3.7% |
| 2023 | +5.7% | -3.0% |
| 2024 | +5.6% | -2.3% |
| 2025 | -98.9% | -13.2% |
| 2026 | +56.4% | +15.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASBP and WFCF good diversifiers for each other?
By historical standards, yes. A correlation of -0.46 means the two rarely move for the same reasons.
FAQ
What is the correlation between ASBP and WFCF?
The ASBP/WFCF correlation stands at -0.46 on a 3-year window (1 year: -0.53, 5 years: -0.42), computed from weekly returns as of 2026-08-27.
Is WFCF a good diversifier for ASBP?
By historical standards, yes. A correlation of -0.46 means the two rarely move for the same reasons.
What does a correlation of -0.46 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-wfcf.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/asbp-vs-wfcf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ASBP correlations · WFCF correlations
