BEAM vs RXRX: Correlation
Measured on weekly returns over the past three years, Beam Therapeutics Inc. (BEAM) and Recursion Pharmaceuticals, Inc. (RXRX) carry a correlation of 0.58, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BEAM and RXRX?
Across a 3-year window, the weekly returns of BEAM and RXRX correlate at 0.58, moderate. Recent behaviour matches the longer record: 0.63 over 1 year against 0.58 over 3. Stretching to 5 years gives 0.51, with an annualized covariance of 3445.8 %².
Within BEAM's tracked universe of 20 assets, RXRX comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BEAM ahead by 110.5 points (+80.8% versus -29.7%).
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.
BEAM vs RXRX: side by side
| BEAM (Beam Therapeutics Inc.) | RXRX (Recursion Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +80.8% | -29.7% |
| 5-year return | -71.5% | -86.0% |
| Volatility (ann.) | 72.6% | 82.2% |
| Beta vs S&P 500 | 2.39 | 3.07 |
| Max drawdown (3Y) | -67.7% | -81.7% |
| Market cap | $3.1B | $1.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BEAM | RXRX |
|---|---|---|
| 2022 | -50.9% | -55.0% |
| 2023 | -30.4% | +27.9% |
| 2024 | -8.9% | -31.4% |
| 2025 | +11.8% | -39.5% |
| 2026 | +10.0% | -15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BEAM and RXRX good diversifiers for each other?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BEAM and RXRX?
Using weekly returns as of 2026-08-27: 0.58 over 3 years, with 0.63 over the last year and 0.51 over 5 years.
Is RXRX a good diversifier for BEAM?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.58 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/beam-vs-rxrx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/beam-vs-rxrx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BEAM correlations · RXRX correlations
