ATRA vs LNG: Correlation
Measured on weekly returns over the past three years, Atara Biotherapeutics, Inc. (ATRA) and Cheniere Energy, Inc. (LNG) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATRA and LNG?
Across a 3-year window, the weekly returns of ATRA and LNG correlate at -0.21, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.46) than the 3-year average (-0.21). Stretching to 5 years gives -0.09, with an annualized covariance of -920.0 %².
Among the 13 assets we track against ATRA, LNG sits near the bottom by co-movement, at rank #11. Their recent paths diverged sharply: over the last 12 months LNG outperformed by 42.5 percentage points (-25.1% for ATRA against +17.4% for LNG). Risk is not evenly split, since ATRA carries 5.4 times the volatility of the other side.
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.
ATRA vs LNG: side by side
| ATRA (Atara Biotherapeutics, Inc.) | LNG (Cheniere Energy, Inc.) | |
|---|---|---|
| 1-year return | -25.1% | +17.4% |
| 5-year return | -97.5% | +231.8% |
| Volatility (ann.) | 153.2% | 28.3% |
| Beta vs S&P 500 | 1.17 | 0.13 |
| Max drawdown (3Y) | -90.7% | -24.9% |
| Market cap | $0.1B | $58.0B |
| P/E (trailing) | – | 21.5 |
| Dividend yield | 0.00% | 0.78% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATRA | LNG |
|---|---|---|
| 2022 | -79.2% | +49.3% |
| 2023 | -84.4% | +15.0% |
| 2024 | +3.8% | +27.2% |
| 2025 | +35.9% | -8.7% |
| 2026 | -48.9% | +45.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATRA and LNG good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between ATRA and LNG?
The ATRA/LNG correlation stands at -0.21 on a 3-year window (1 year: -0.46, 5 years: -0.09), computed from weekly returns as of 2026-08-27.
Is LNG a good diversifier for ATRA?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 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/atra-vs-lng.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atra-vs-lng/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ATRA correlations · LNG correlations
