ATNM vs PRME: Correlation
Actinium Pharmaceuticals, Inc. (Delaware) (ATNM) and Prime Medicine, Inc. (PRME) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATNM and PRME?
On 3 years of weekly data the ATNM/PRME correlation comes out at 0.39, moderate. Recent behaviour matches the longer record: 0.31 over 1 year against 0.39 over 3. The 5-year figure is 0.39, and annualized covariance runs at 3205.2 %².
By 3-year correlation, PRME places #5 of the 12 assets tracked against ATNM. Correlation aside, the last 12 months split them widely, with PRME ahead by 49.3 points (-43.2% versus +6.1%).
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 PRME: side by side
| ATNM (Actinium Pharmaceuticals, Inc. (Delaware)) | PRME (Prime Medicine, Inc.) | |
|---|---|---|
| 1-year return | -43.2% | +6.1% |
| 5-year return | -83.3% | n/a |
| Volatility (ann.) | 83.6% | 98.7% |
| Beta vs S&P 500 | 1.73 | 2.97 |
| Max drawdown (3Y) | -92.4% | -91.4% |
| Market cap | – | $0.7B |
| P/E (trailing) | 2.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATNM | PRME |
|---|---|---|
| 2022 | +77.2% | – |
| 2023 | -52.3% | -52.3% |
| 2024 | -75.2% | -67.0% |
| 2025 | +7.9% | +18.8% |
| 2026 | -26.5% | +4.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATNM and PRME good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ATNM and PRME?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.31 over the last year and 0.39 over 5 years.
Is PRME a good diversifier for ATNM?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 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/atnm-vs-prme.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atnm-vs-prme/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ATNM correlations · PRME correlations
