AVTX vs DDT: Correlation
Measured on weekly returns over the past three years, Avalo Therapeutics, Inc. (AVTX) and Dillard's Capital Trust I (DDT) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AVTX and DDT?
On 3 years of weekly data the AVTX/DDT correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.22 lands near the 3-year figure. The 5-year figure is -0.16, and annualized covariance runs at -350.9 %².
DDT is close to the least connected end of AVTX's tracked universe, ranking #14 of 17. Their recent paths diverged sharply: over the last 12 months AVTX outperformed by 99.5 percentage points (+107.8% for AVTX against +8.3% for DDT). Note the risk asymmetry: AVTX runs 37.0 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.
AVTX vs DDT: side by side
| AVTX (Avalo Therapeutics, Inc.) | DDT (Dillard's Capital Trust I) | |
|---|---|---|
| 1-year return | +107.8% | +8.3% |
| 5-year return | -99.8% | +43.4% |
| Volatility (ann.) | 225.5% | 6.1% |
| Beta vs S&P 500 | 1.22 | 0.11 |
| Max drawdown (3Y) | -93.3% | -4.6% |
| Market cap | $1.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AVTX | DDT |
|---|---|---|
| 2022 | -75.3% | -3.3% |
| 2023 | -99.2% | +9.8% |
| 2024 | -18.4% | +7.4% |
| 2025 | +144.4% | +9.5% |
| 2026 | +10.4% | +6.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AVTX and DDT good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AVTX and DDT?
As of 2026-08-27, the correlation of weekly returns between AVTX and DDT is -0.25 over 3 years, -0.22 over 1 year and -0.16 over 5 years.
Is DDT a good diversifier for AVTX?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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/avtx-vs-ddt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/avtx-vs-ddt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AVTX correlations · DDT correlations
