AVTX vs IQST: Correlation
Measured on weekly returns over the past three years, Avalo Therapeutics, Inc. (AVTX) and iQSTEL Inc. (IQST) carry a correlation of 0.31, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AVTX and IQST?
Over the past 3 years, AVTX and IQST moved with a correlation of 0.31, which is moderate. The past 12 months show a weaker link (0.16) than the 3-year average (0.31). Over 5 years the correlation is 0.22, and the annualized covariance of weekly returns is 5683.5 %².
Within AVTX's tracked universe of 17 assets, IQST comes in at #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AVTX ahead by 192.9 points (+107.8% versus -85.1%). One caveat on sizing: AVTX is 2.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 IQST: side by side
| AVTX (Avalo Therapeutics, Inc.) | IQST (iQSTEL Inc.) | |
|---|---|---|
| 1-year return | +107.8% | -85.1% |
| 5-year return | -99.8% | -98.1% |
| Volatility (ann.) | 225.5% | 81.9% |
| Beta vs S&P 500 | 1.22 | 1.03 |
| Max drawdown (3Y) | -93.3% | -97.1% |
| Market cap | $1.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AVTX | IQST |
|---|---|---|
| 2022 | -75.3% | -80.1% |
| 2023 | -99.2% | -18.9% |
| 2024 | -18.4% | +100.0% |
| 2025 | +144.4% | -87.7% |
| 2026 | +10.4% | -67.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AVTX and IQST good diversifiers for each other?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AVTX and IQST?
Using weekly returns as of 2026-08-27: 0.31 over 3 years, with 0.16 over the last year and 0.22 over 5 years.
Is IQST a good diversifier for AVTX?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.31 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-iqst.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/avtx-vs-iqst/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AVTX correlations · IQST correlations
