AVTX vs STOK: Correlation
Avalo Therapeutics, Inc. (AVTX) and Stoke Therapeutics, Inc. (STOK) show a strong relationship: their 3-year correlation of weekly returns is 0.67.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AVTX and STOK?
Across a 3-year window, the weekly returns of AVTX and STOK correlate at 0.67, strong. The past 12 months show a weaker link (0.23) than the 3-year average (0.67). Stretching to 5 years gives 0.55, with an annualized covariance of 14150.0 %².
In AVTX's tracked universe of 17 assets, STOK sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months AVTX outperformed by 38.9 percentage points (+107.8% for AVTX against +68.9% for STOK). Note the risk asymmetry: AVTX runs 2.4 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 STOK: side by side
| AVTX (Avalo Therapeutics, Inc.) | STOK (Stoke Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +107.8% | +68.9% |
| 5-year return | -99.8% | +23.8% |
| Volatility (ann.) | 225.5% | 93.2% |
| Beta vs S&P 500 | 1.22 | 1.80 |
| Max drawdown (3Y) | -93.3% | -66.3% |
| Market cap | $1.1B | $2.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AVTX | STOK |
|---|---|---|
| 2022 | -75.3% | -61.5% |
| 2023 | -99.2% | -43.0% |
| 2024 | -18.4% | +109.7% |
| 2025 | +144.4% | +187.8% |
| 2026 | +10.4% | +2.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AVTX and STOK good diversifiers for each other?
Somewhat, no more. With 0.67 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AVTX and STOK?
As of 2026-08-27, the correlation of weekly returns between AVTX and STOK is 0.67 over 3 years, 0.23 over 1 year and 0.55 over 5 years.
Is STOK a good diversifier for AVTX?
Somewhat, no more. With 0.67 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.67 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-stok.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/avtx-vs-stok/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AVTX correlations · STOK correlations
