ATNM vs FEBO: Correlation
Actinium Pharmaceuticals, Inc. (Delaware) (ATNM) and Fenbo Holdings Limited - Class A (FEBO) show a moderate relationship: their 3-year correlation of weekly returns is 0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATNM and FEBO?
Over the past 3 years, ATNM and FEBO moved with a correlation of 0.31, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.08 versus 0.31 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 2195.7 %².
Among the 12 assets we track against ATNM, FEBO ranks #7 by 3-year correlation. The last year tells two different stories: FEBO led by 40.1 percentage points, -43.2% for ATNM against -3.1% for FEBO.
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.
ATNM vs FEBO: side by side
| ATNM (Actinium Pharmaceuticals, Inc. (Delaware)) | FEBO (Fenbo Holdings Limited - Class A) | |
|---|---|---|
| 1-year return | -43.2% | -3.1% |
| 5-year return | -83.3% | n/a |
| Volatility (ann.) | 83.6% | 81.1% |
| Beta vs S&P 500 | 1.73 | 0.19 |
| Max drawdown (3Y) | -92.4% | -96.0% |
| Market cap | – | – |
| P/E (trailing) | 2.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATNM | FEBO |
|---|---|---|
| 2022 | +77.2% | – |
| 2023 | -52.3% | – |
| 2024 | -75.2% | -65.6% |
| 2025 | +7.9% | -23.6% |
| 2026 | -26.5% | -45.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATNM and FEBO good diversifiers for each other?
Reasonably. At 0.31, ATNM and FEBO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ATNM and FEBO?
The ATNM/FEBO correlation stands at 0.31 on a 3-year window (1 year: 0.08, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is FEBO a good diversifier for ATNM?
Reasonably. At 0.31, ATNM and FEBO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.31 mean?
On the −1 to +1 scale, 0.31 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/atnm-vs-febo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atnm-vs-febo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ATNM correlations · FEBO correlations
