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DOMH vs PLRX: Correlation

Dominari Holdings Inc. (DOMH) and Pliant Therapeutics, Inc. (PLRX) show a negative relationship: their 3-year correlation of weekly returns is -0.33.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.33
negative
Correlation (1Y)
0.29
last 12 months
Correlation (5Y)
-0.19
long-run
Ann. covariance
-4486.8
%² · weekly, annualized

How correlated are DOMH and PLRX?

Over the past 3 years, DOMH and PLRX moved with a correlation of -0.33, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.29) runs above the 3-year figure (-0.33). Over 5 years the correlation is -0.19, and the annualized covariance of weekly returns is -4486.8 %².

Among the 23 assets we track against DOMH, PLRX sits near the bottom by co-movement, at rank #20. Their recent paths diverged sharply: over the last 12 months PLRX outperformed by 20.3 percentage points (-52.3% for DOMH against -32.0% for PLRX). Risk is not evenly split, since DOMH carries 2.4 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.

DOMH vs PLRX: side by side

DOMH (Dominari Holdings Inc.)PLRX (Pliant Therapeutics, Inc.)
1-year return-52.3%-32.0%
5-year return-76.1%-93.6%
Volatility (ann.)181.7%74.8%
Beta vs S&P 5002.301.32
Max drawdown (3Y)-77.9%-94.7%
Market cap$0.1B$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: DOMH -77.9% vs -94.7%Higher 5y return: DOMH -76.1% vs -93.6%
-50%0%+25%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). DOMH · PLRX

Year-by-year returns

YearDOMHPLRX
2022-67.3%+43.2%
2023-21.0%-6.3%
2024-62.2%-27.3%
2025+445.6%-90.7%
2026-40.0%-5.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DOMH and PLRX good diversifiers for each other?

Yes. With a correlation of -0.33, DOMH and PLRX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between DOMH and PLRX?

The DOMH/PLRX correlation stands at -0.33 on a 3-year window (1 year: 0.29, 5 years: -0.19), computed from weekly returns as of 2026-08-27.

Is PLRX a good diversifier for DOMH?

Yes. With a correlation of -0.33, DOMH and PLRX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.33 mean?

A reading of -0.33 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

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DOMH vs PLRX: 3-year weekly correlation -0.33DOMH vs PLRX-0.33

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Hubs: DOMH correlations · PLRX correlations