AVTX vs DJT: Correlation
How closely do Avalo Therapeutics, Inc. (AVTX) and Trump Media & Technology Group Corp. (DJT) trade together? Their weekly returns over three years give a correlation of 0.35, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AVTX and DJT?
Over the past 3 years, AVTX and DJT moved with a correlation of 0.35, which is moderate. The link has loosened recently: the 1-year correlation (0.07) runs below the 3-year figure (0.35). Over 5 years the correlation is 0.05, and the annualized covariance of weekly returns is 8008.8 %².
Among the 17 assets we track against AVTX, DJT ranks #8 by 3-year correlation. The last year tells two different stories: AVTX led by 153.3 percentage points, +107.8% for AVTX against -45.5% for DJT. Risk is not evenly split, since AVTX carries 2.2 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.
AVTX vs DJT: side by side
| AVTX (Avalo Therapeutics, Inc.) | DJT (Trump Media & Technology Group Corp.) | |
|---|---|---|
| 1-year return | +107.8% | -45.5% |
| 5-year return | -99.8% | -1.8% |
| Volatility (ann.) | 225.5% | 100.8% |
| Beta vs S&P 500 | 1.22 | 1.54 |
| Max drawdown (3Y) | -93.3% | -89.3% |
| Market cap | $1.1B | $2.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AVTX | DJT |
|---|---|---|
| 2022 | -75.3% | -70.8% |
| 2023 | -99.2% | +16.7% |
| 2024 | -18.4% | +94.9% |
| 2025 | +144.4% | -61.2% |
| 2026 | +10.4% | -26.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AVTX and DJT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AVTX and DJT?
The AVTX/DJT correlation stands at 0.35 on a 3-year window (1 year: 0.07, 5 years: 0.05), computed from weekly returns as of 2026-08-27.
Is DJT a good diversifier for AVTX?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 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/avtx-vs-djt.json
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Related comparisons
Hubs: AVTX correlations · DJT correlations
