ASST vs HSTM: Correlation
Strive, Inc. (ASST) and HealthStream, Inc. (HSTM) show a negative relationship: their 3-year correlation of weekly returns is -0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASST and HSTM?
Over the past 3 years, ASST and HSTM moved with a correlation of -0.36, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.12 versus -0.36 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -7141.0 %².
HSTM is close to the least connected end of ASST's tracked universe, ranking #55 of 58. Correlation aside, the last 12 months split them widely, with HSTM ahead by 82.6 points (-80.4% versus +2.2%). Risk is not evenly split, since ASST carries 26.4 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 HSTM: side by side
| ASST (Strive, Inc.) | HSTM (HealthStream, Inc.) | |
|---|---|---|
| 1-year return | -80.4% | +2.2% |
| 5-year return | n/a | -1.6% |
| Volatility (ann.) | 723.1% | 27.4% |
| Beta vs S&P 500 | -1.01 | 0.54 |
| Max drawdown (3Y) | -97.2% | -41.4% |
| Market cap | $2.1B | $0.8B |
| P/E (trailing) | – | 40.0 |
| Dividend yield | 0.00% | 0.46% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASST | HSTM |
|---|---|---|
| 2022 | – | -5.8% |
| 2023 | – | +9.3% |
| 2024 | -84.6% | +18.1% |
| 2025 | +50.3% | -27.1% |
| 2026 | +56.6% | +25.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and HSTM good diversifiers for each other?
By historical standards, yes. A correlation of -0.36 means the two rarely move for the same reasons.
FAQ
What is the correlation between ASST and HSTM?
As of 2026-08-27, the correlation of weekly returns between ASST and HSTM is -0.36 over 3 years, 0.12 over 1 year and n/a over 5 years.
Is HSTM a good diversifier for ASST?
By historical standards, yes. A correlation of -0.36 means the two rarely move for the same reasons.
What does a correlation of -0.36 mean?
On the −1 to +1 scale, -0.36 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-hstm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/asst-vs-hstm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ASST correlations · HSTM correlations
