CHSN vs STTK: Correlation
Measured on weekly returns over the past three years, Chanson International Holding - Class A (CHSN) and Shattuck Labs, Inc. (STTK) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHSN and STTK?
Over the past 3 years, CHSN and STTK moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.22) runs above the 3-year figure (-0.24). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -11229.2 %².
Among the 18 assets we track against CHSN, STTK sits near the bottom by co-movement, at rank #14. Their recent paths diverged sharply: over the last 12 months STTK outperformed by 764.4 percentage points (-99.4% for CHSN against +665.0% for STTK). Risk is not evenly split, since CHSN 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.
CHSN vs STTK: side by side
| CHSN (Chanson International Holding - Class A) | STTK (Shattuck Labs, Inc.) | |
|---|---|---|
| 1-year return | -99.4% | +665.0% |
| 5-year return | n/a | -63.7% |
| Volatility (ann.) | 320.2% | 145.0% |
| Beta vs S&P 500 | 0.54 | 2.32 |
| Max drawdown (3Y) | -100.0% | -93.5% |
| Market cap | – | $0.8B |
| P/E (trailing) | 0.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CHSN | STTK |
|---|---|---|
| 2022 | – | -73.0% |
| 2023 | – | +210.0% |
| 2024 | +318.9% | -83.0% |
| 2025 | -99.5% | +201.7% |
| 2026 | -99.5% | +109.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHSN and STTK good diversifiers for each other?
Yes. With a correlation of -0.24, CHSN and STTK have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CHSN and STTK?
The CHSN/STTK correlation stands at -0.24 on a 3-year window (1 year: 0.22, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is STTK a good diversifier for CHSN?
Yes. With a correlation of -0.24, CHSN and STTK have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.24 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.
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Related comparisons
Hubs: CHSN correlations · STTK correlations
