ASTH vs MYGN: Correlation
How closely do Astrana Health Inc. (ASTH) and Myriad Genetics, Inc. (MYGN) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASTH and MYGN?
Over the past 3 years, ASTH and MYGN moved with a correlation of 0.49, which is moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. Over 5 years the correlation is 0.40, and the annualized covariance of weekly returns is 2256.9 %².
Few assets follow ASTH as closely as MYGN, which ranks #1 of 15 tracked partners. Correlation aside, the last 12 months split them widely, with ASTH ahead by 69.5 points (+23.1% versus -46.4%).
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.
ASTH vs MYGN: side by side
| ASTH (Astrana Health Inc.) | MYGN (Myriad Genetics, Inc.) | |
|---|---|---|
| 1-year return | +23.1% | -46.4% |
| 5-year return | -46.1% | -91.1% |
| Volatility (ann.) | 56.8% | 80.5% |
| Beta vs S&P 500 | 1.15 | 1.49 |
| Max drawdown (3Y) | -71.0% | -90.0% |
| Market cap | $1.9B | $0.3B |
| P/E (trailing) | 47.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASTH | MYGN |
|---|---|---|
| 2022 | -59.7% | -47.4% |
| 2023 | +29.4% | +31.9% |
| 2024 | -17.7% | -28.4% |
| 2025 | -21.3% | -55.1% |
| 2026 | +54.8% | -48.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASTH and MYGN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ASTH and MYGN?
The ASTH/MYGN correlation stands at 0.49 on a 3-year window (1 year: 0.43, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is MYGN a good diversifier for ASTH?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 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/asth-vs-mygn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/asth-vs-mygn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ASTH correlations · MYGN correlations
