ASST vs SKIN: Correlation
Measured on weekly returns over the past three years, Strive, Inc. (ASST) and SkinHealth Systems Inc. (SKIN) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASST and SKIN?
On 3 years of weekly data the ASST/SKIN correlation comes out at 0.45, moderate. Recent behaviour matches the longer record: 0.44 over 1 year against 0.45 over 3. The 5-year figure is n/a, and annualized covariance runs at 30004.7 %².
By 3-year correlation, SKIN places #6 of the 58 assets tracked against ASST. On 12-month performance SKIN holds a 14.1-point edge, -80.4% against -66.3%. Risk is not evenly split, since ASST carries 7.9 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 SKIN: side by side
| ASST (Strive, Inc.) | SKIN (SkinHealth Systems Inc.) | |
|---|---|---|
| 1-year return | -80.4% | -66.3% |
| 5-year return | n/a | -97.2% |
| Volatility (ann.) | 723.1% | 91.5% |
| Beta vs S&P 500 | -1.01 | 1.76 |
| Max drawdown (3Y) | -97.2% | -91.4% |
| 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 | SKIN |
|---|---|---|
| 2022 | – | -62.3% |
| 2023 | – | -65.8% |
| 2024 | -84.6% | -48.9% |
| 2025 | +50.3% | -12.6% |
| 2026 | +56.6% | -50.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and SKIN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ASST and SKIN?
As of 2026-08-27, the correlation of weekly returns between ASST and SKIN is 0.45 over 3 years, 0.44 over 1 year and n/a over 5 years.
Is SKIN a good diversifier for ASST?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 mean?
A reading of 0.45 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-skin.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/asst-vs-skin/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ASST correlations · SKIN correlations
