ASBP vs YELP: Correlation
Aspire Biopharma Holdings, Inc. (ASBP) and Yelp Inc. (YELP) show a negative relationship: their 3-year correlation of weekly returns is -0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASBP and YELP?
Over the past 3 years, ASBP and YELP moved with a correlation of -0.34, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.48) runs below the 3-year figure (-0.34). Over 5 years the correlation is -0.26, and the annualized covariance of weekly returns is -18983.6 %².
Among the 70 assets we track against ASBP, YELP ranks #62 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months YELP outperformed by 32.7 percentage points (-61.3% for ASBP against -28.6% for YELP). Risk is not evenly split, since ASBP carries 52.5 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 YELP: side by side
| ASBP (Aspire Biopharma Holdings, Inc.) | YELP (Yelp Inc.) | |
|---|---|---|
| 1-year return | -61.3% | -28.6% |
| 5-year return | -97.9% | -41.2% |
| Volatility (ann.) | 1699.4% | 32.4% |
| Beta vs S&P 500 | 0.59 | 0.57 |
| Max drawdown (3Y) | -100.0% | -59.2% |
| Market cap | – | $1.2B |
| P/E (trailing) | – | 10.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASBP | YELP |
|---|---|---|
| 2022 | – | -24.6% |
| 2023 | +5.7% | +73.2% |
| 2024 | +5.6% | -18.3% |
| 2025 | -98.9% | -21.5% |
| 2026 | +56.4% | -25.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASBP and YELP good diversifiers for each other?
Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ASBP and YELP?
The ASBP/YELP correlation stands at -0.34 on a 3-year window (1 year: -0.48, 5 years: -0.26), computed from weekly returns as of 2026-08-27.
Is YELP a good diversifier for ASBP?
Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.34 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-yelp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/asbp-vs-yelp/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ASBP correlations · YELP correlations
