ATAI vs GALT: Correlation
How closely do AtaiBeckley Inc. (ATAI) and Galectin Therapeutics Inc. (GALT) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATAI and GALT?
Over the past 3 years, ATAI and GALT moved with a correlation of 0.40, which is moderate. Recent behaviour matches the longer record: 0.46 over 1 year against 0.40 over 3. Over 5 years the correlation is 0.34, and the annualized covariance of weekly returns is 3389.9 %².
Among the 10 assets we track against ATAI, GALT ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ATAI ahead by 56.8 points (+60.8% versus +4.0%).
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.
ATAI vs GALT: side by side
| ATAI (AtaiBeckley Inc.) | GALT (Galectin Therapeutics Inc.) | |
|---|---|---|
| 1-year return | +60.8% | +4.0% |
| 5-year return | -53.9% | +7.5% |
| Volatility (ann.) | 85.3% | 99.6% |
| Beta vs S&P 500 | 1.22 | 0.29 |
| Max drawdown (3Y) | -59.2% | -80.0% |
| Market cap | $2.7B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATAI | GALT |
|---|---|---|
| 2022 | -65.1% | -45.4% |
| 2023 | -47.0% | +46.9% |
| 2024 | -5.7% | -22.3% |
| 2025 | +207.5% | +222.5% |
| 2026 | +79.7% | -0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATAI and GALT good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ATAI and GALT?
As of 2026-08-27, the correlation of weekly returns between ATAI and GALT is 0.40 over 3 years, 0.46 over 1 year and 0.34 over 5 years.
Is GALT a good diversifier for ATAI?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/atai-vs-galt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atai-vs-galt/)
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Related comparisons
Hubs: ATAI correlations · GALT correlations
