ASST vs HAIN: Correlation
Measured on weekly returns over the past three years, Strive, Inc. (ASST) and The Hain Celestial Group, Inc. (HAIN) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASST and HAIN?
On 3 years of weekly data the ASST/HAIN correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.37 versus -0.27 over 3 years. The 5-year figure is n/a, and annualized covariance runs at -15155.3 %².
By 3-year correlation, HAIN places #39 of the 58 assets tracked against ASST. Correlation aside, the last 12 months split them widely, with HAIN ahead by 19.6 points (-80.4% versus -60.8%). Risk is not evenly split, since ASST carries 9.2 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.
ASST vs HAIN: side by side
| ASST (Strive, Inc.) | HAIN (The Hain Celestial Group, Inc.) | |
|---|---|---|
| 1-year return | -80.4% | -60.8% |
| 5-year return | n/a | -98.1% |
| Volatility (ann.) | 723.1% | 78.5% |
| Beta vs S&P 500 | -1.01 | 0.87 |
| Max drawdown (3Y) | -97.2% | -95.9% |
| Market cap | $2.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASST | HAIN |
|---|---|---|
| 2022 | – | -62.0% |
| 2023 | – | -32.3% |
| 2024 | -84.6% | -43.8% |
| 2025 | +50.3% | -82.6% |
| 2026 | +56.6% | -33.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and HAIN good diversifiers for each other?
Yes. With a correlation of -0.27, ASST and HAIN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ASST and HAIN?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with 0.37 over the last year and n/a over 5 years.
Is HAIN a good diversifier for ASST?
Yes. With a correlation of -0.27, ASST and HAIN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/asst-vs-hain.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/asst-vs-hain/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ASST correlations · HAIN correlations