ASST vs PLX: Correlation
Strive, Inc. (ASST) and Protalix BioTherapeutics, Inc. (DE) (PLX) 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 ASST and PLX?
On 3 years of weekly data the ASST/PLX correlation comes out at -0.34, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.30 versus -0.34 over 3 years. The 5-year figure is n/a, and annualized covariance runs at -15894.8 %².
Out of 58 assets tracked against ASST, PLX lands near the bottom at #54. Their recent paths diverged sharply: over the last 12 months PLX outperformed by 143.5 percentage points (-80.4% for ASST against +63.1% for PLX). Note the risk asymmetry: ASST runs 11.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 PLX: side by side
| ASST (Strive, Inc.) | PLX (Protalix BioTherapeutics, Inc. (DE)) | |
|---|---|---|
| 1-year return | -80.4% | +63.1% |
| 5-year return | n/a | +66.2% |
| Volatility (ann.) | 723.1% | 65.1% |
| Beta vs S&P 500 | -1.01 | 0.87 |
| Max drawdown (3Y) | -97.2% | -56.0% |
| Market cap | $2.1B | $0.2B |
| P/E (trailing) | – | 11.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASST | PLX |
|---|---|---|
| 2022 | – | +65.1% |
| 2023 | – | +29.9% |
| 2024 | -84.6% | +5.6% |
| 2025 | +50.3% | -4.3% |
| 2026 | +56.6% | +45.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and PLX 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 ASST and PLX?
As of 2026-08-27, the correlation of weekly returns between ASST and PLX is -0.34 over 3 years, 0.30 over 1 year and n/a over 5 years.
Is PLX a good diversifier for ASST?
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/asst-vs-plx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/asst-vs-plx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ASST correlations · PLX correlations
