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DOMH vs WST: Correlation

Dominari Holdings Inc. (DOMH) and West Pharmaceutical Services (WST) show a negative relationship: their 3-year correlation of weekly returns is -0.39.

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

Correlation (3Y)
-0.39
negative
Correlation (1Y)
0.13
last 12 months
Correlation (5Y)
-0.29
long-run
Ann. covariance
-2709.2
%² · weekly, annualized

How correlated are DOMH and WST?

On 3 years of weekly data the DOMH/WST correlation comes out at -0.39, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.13) than the 3-year average (-0.39). The 5-year figure is -0.29, and annualized covariance runs at -2709.2 %².

Out of 23 assets tracked against DOMH, WST lands near the bottom at #22. Correlation aside, the last 12 months split them widely, with WST ahead by 93.4 points (-52.3% versus +41.1%). One caveat on sizing: DOMH is 4.7 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.

DOMH vs WST: side by side

DOMH (Dominari Holdings Inc.)WST (West Pharmaceutical Services)
1-year return-52.3%+41.1%
5-year return-76.1%-22.4%
Volatility (ann.)181.7%38.6%
Beta vs S&P 5002.300.86
Max drawdown (3Y)-77.9%-53.8%
Market cap$0.1B$24.4B
P/E (trailing)44.8
Dividend yield0.00%0.25%
Sector / categoryUS ListedHealth Care
Higher yield: WST 0.25% vs 0.00%Smaller drawdown: WST -53.8% vs -77.9%Higher 5y return: WST -22.4% vs -76.1%
-50%0%+46%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). DOMH · WST

Year-by-year returns

YearDOMHWST
2022-67.3%-49.7%
2023-21.0%+50.0%
2024-62.2%-6.8%
2025+445.6%-15.7%
2026-40.0%+26.1%

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

Are DOMH and WST good diversifiers for each other?

Yes. With a correlation of -0.39, DOMH and WST have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between DOMH and WST?

As of 2026-08-27, the correlation of weekly returns between DOMH and WST is -0.39 over 3 years, 0.13 over 1 year and -0.29 over 5 years.

Is WST a good diversifier for DOMH?

Yes. With a correlation of -0.39, DOMH and WST have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.39 mean?

A reading of -0.39 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/domh-vs-wst.json

DOMH vs WST: 3-year weekly correlation -0.39DOMH vs WST-0.39

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Hubs: DOMH correlations · WST correlations