ATOS vs SWVL: Correlation
How closely do Atossa Therapeutics, Inc. (ATOS) and Swvl Holdings Corp (SWVL) trade together? Their weekly returns over three years give a correlation of 0.30, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATOS and SWVL?
Across a 3-year window, the weekly returns of ATOS and SWVL correlate at 0.30, moderate. Little has changed lately, as the 1-year reading of 0.23 lands near the 3-year figure. Stretching to 5 years gives 0.29, with an annualized covariance of 2729.3 %².
Out of 14 assets tracked against ATOS, SWVL lands near the bottom at #11. Correlation aside, the last 12 months split them widely, with SWVL ahead by 39.4 points (-76.8% versus -37.4%). Note the risk asymmetry: SWVL runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ATOS vs SWVL: side by side
| ATOS (Atossa Therapeutics, Inc.) | SWVL (Swvl Holdings Corp) | |
|---|---|---|
| 1-year return | -76.8% | -37.4% |
| 5-year return | -95.0% | -99.1% |
| Volatility (ann.) | 73.3% | 122.0% |
| Beta vs S&P 500 | 1.97 | 1.20 |
| Max drawdown (3Y) | -94.4% | -92.3% |
| Market cap | – | – |
| P/E (trailing) | – | 18.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATOS | SWVL |
|---|---|---|
| 2022 | -66.9% | -98.6% |
| 2023 | +66.0% | -51.1% |
| 2024 | +6.8% | +281.3% |
| 2025 | -37.2% | -70.2% |
| 2026 | -70.2% | +16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATOS and SWVL good diversifiers for each other?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ATOS and SWVL?
As of 2026-08-27, the correlation of weekly returns between ATOS and SWVL is 0.30 over 3 years, 0.23 over 1 year and 0.29 over 5 years.
Is SWVL a good diversifier for ATOS?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.30 mean?
A reading of 0.30 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/atos-vs-swvl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atos-vs-swvl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ATOS correlations · SWVL correlations
