ASST vs PTN: Correlation
Measured on weekly returns over the past three years, Strive, Inc. (ASST) and Palatin Technologies, Inc. (PTN) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASST and PTN?
On 3 years of weekly data the ASST/PTN correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.04) than the 3-year average (-0.23). The 5-year figure is n/a, and annualized covariance runs at -23939.5 %².
By 3-year correlation, PTN places #27 of the 58 assets tracked against ASST. Their recent paths diverged sharply: over the last 12 months PTN outperformed by 79.4 percentage points (-80.4% for ASST against -1.0% for PTN). Risk is not evenly split, since ASST carries 5.0 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 PTN: side by side
| ASST (Strive, Inc.) | PTN (Palatin Technologies, Inc.) | |
|---|---|---|
| 1-year return | -80.4% | -1.0% |
| 5-year return | n/a | -98.3% |
| Volatility (ann.) | 723.1% | 145.6% |
| Beta vs S&P 500 | -1.01 | 0.13 |
| Max drawdown (3Y) | -97.2% | -98.5% |
| Market cap | $2.1B | – |
| P/E (trailing) | – | 95.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASST | PTN |
|---|---|---|
| 2022 | – | -79.9% |
| 2023 | – | +55.5% |
| 2024 | -84.6% | -72.1% |
| 2025 | +50.3% | -72.3% |
| 2026 | +56.6% | -31.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and PTN good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ASST and PTN?
The ASST/PTN correlation stands at -0.23 on a 3-year window (1 year: -0.04, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is PTN a good diversifier for ASST?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
A reading of -0.23 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/asst-vs-ptn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/asst-vs-ptn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ASST correlations · PTN correlations
