ASTI vs VOR: Correlation
How closely do Ascent Solar Technologies, Inc (ASTI) and Vor Biopharma Inc. (VOR) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASTI and VOR?
Across a 3-year window, the weekly returns of ASTI and VOR correlate at 0.44, moderate. Little has changed lately, as the 1-year reading of 0.36 lands near the 3-year figure. Stretching to 5 years gives 0.38, with an annualized covariance of 14487.4 %².
In ASTI's tracked universe of 10 assets, VOR sits right near the top at #2. The last year tells two different stories: ASTI led by 89.3 percentage points, +48.1% for ASTI against -41.2% for VOR. Risk is not evenly split, since VOR carries 1.6 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.
ASTI vs VOR: side by side
| ASTI (Ascent Solar Technologies, Inc) | VOR (Vor Biopharma Inc.) | |
|---|---|---|
| 1-year return | +48.1% | -41.2% |
| 5-year return | n/a | -92.3% |
| Volatility (ann.) | 141.9% | 230.0% |
| Beta vs S&P 500 | 2.60 | 3.86 |
| Max drawdown (3Y) | -99.9% | -94.7% |
| Market cap | – | $1.4B |
| P/E (trailing) | – | 0.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASTI | VOR |
|---|---|---|
| 2022 | – | -42.8% |
| 2023 | -99.7% | -66.2% |
| 2024 | -96.2% | -50.7% |
| 2025 | +25.7% | -41.1% |
| 2026 | -24.3% | +79.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASTI and VOR good diversifiers for each other?
Reasonably. At 0.44, ASTI and VOR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ASTI and VOR?
As of 2026-08-27, the correlation of weekly returns between ASTI and VOR is 0.44 over 3 years, 0.36 over 1 year and 0.38 over 5 years.
Is VOR a good diversifier for ASTI?
Reasonably. At 0.44, ASTI and VOR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 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/asti-vs-vor.json
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Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ASTI correlations · VOR correlations