AURA vs NAMS: Correlation
Aura Biosciences, Inc. (AURA) and NewAmsterdam Pharma Company N.V. (NAMS) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AURA and NAMS?
Across a 3-year window, the weekly returns of AURA and NAMS correlate at 0.44, moderate. Little has changed lately, as the 1-year reading of 0.50 lands near the 3-year figure. Stretching to 5 years gives 0.28, with an annualized covariance of 2312.4 %².
Within AURA's tracked universe of 18 assets, NAMS comes in at #11 by 3-year correlation. The trailing year gives AURA the advantage: +19.6% versus +9.5%, a 10.1-point spread.
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.
AURA vs NAMS: side by side
| AURA (Aura Biosciences, Inc.) | NAMS (NewAmsterdam Pharma Company N.V.) | |
|---|---|---|
| 1-year return | +19.6% | +9.5% |
| 5-year return | -48.0% | +177.3% |
| Volatility (ann.) | 70.5% | 74.2% |
| Beta vs S&P 500 | 2.01 | 1.73 |
| Max drawdown (3Y) | -59.1% | -45.4% |
| Market cap | $0.8B | $3.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AURA | NAMS |
|---|---|---|
| 2022 | -38.2% | +11.8% |
| 2023 | -15.6% | +2.5% |
| 2024 | -7.2% | +130.1% |
| 2025 | -33.7% | +36.5% |
| 2026 | +41.3% | -23.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AURA and NAMS 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 AURA and NAMS?
As of 2026-08-27, the correlation of weekly returns between AURA and NAMS is 0.44 over 3 years, 0.50 over 1 year and 0.28 over 5 years.
Is NAMS a good diversifier for AURA?
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?
A reading of 0.44 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/aura-vs-nams.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aura-vs-nams/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AURA correlations · NAMS correlations
