ATAI vs GHRS: Correlation
Measured on weekly returns over the past three years, AtaiBeckley Inc. (ATAI) and GH Research PLC (GHRS) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATAI and GHRS?
Across a 3-year window, the weekly returns of ATAI and GHRS correlate at 0.44, moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. Stretching to 5 years gives 0.32, with an annualized covariance of 2623.7 %².
Few assets follow ATAI as closely as GHRS, which ranks #3 of 10 tracked partners. Their recent paths diverged sharply: over the last 12 months GHRS outperformed by 49.4 percentage points (+60.8% for ATAI against +110.2% for GHRS).
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 GHRS: side by side
| ATAI (AtaiBeckley Inc.) | GHRS (GH Research PLC) | |
|---|---|---|
| 1-year return | +60.8% | +110.2% |
| 5-year return | -53.9% | +34.4% |
| Volatility (ann.) | 85.3% | 70.0% |
| Beta vs S&P 500 | 1.22 | 1.07 |
| Max drawdown (3Y) | -59.2% | -57.5% |
| Market cap | $2.7B | $2.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATAI | GHRS |
|---|---|---|
| 2022 | -65.1% | -58.3% |
| 2023 | -47.0% | -40.3% |
| 2024 | -5.7% | +20.7% |
| 2025 | +207.5% | +81.4% |
| 2026 | +79.7% | +125.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATAI and GHRS good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ATAI and GHRS?
As of 2026-08-27, the correlation of weekly returns between ATAI and GHRS is 0.44 over 3 years, 0.48 over 1 year and 0.32 over 5 years.
Is GHRS a good diversifier for ATAI?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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.
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Related comparisons
Hubs: ATAI correlations · GHRS correlations
