DRMA vs STRW: Correlation
How closely do Dermata Therapeutics, Inc. (DRMA) and Strawberry Fields REIT, Inc. (STRW) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRMA and STRW?
Over the past 3 years, DRMA and STRW moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.15 versus -0.20 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -591.2 %².
Among the 13 assets we track against DRMA, STRW sits near the bottom by co-movement, at rank #11. Their recent paths diverged sharply: over the last 12 months STRW outperformed by 94.8 percentage points (-72.4% for DRMA against +22.4% for STRW). One caveat on sizing: DRMA is 2.8 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.
DRMA vs STRW: side by side
| DRMA (Dermata Therapeutics, Inc.) | STRW (Strawberry Fields REIT, Inc.) | |
|---|---|---|
| 1-year return | -72.4% | +22.4% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 90.1% | 32.1% |
| Beta vs S&P 500 | 1.23 | 0.19 |
| Max drawdown (3Y) | -99.4% | -26.6% |
| Market cap | – | $0.8B |
| P/E (trailing) | – | 21.1 |
| Dividend yield | 0.00% | 2.33% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DRMA | STRW |
|---|---|---|
| 2022 | -76.5% | – |
| 2023 | -90.7% | – |
| 2024 | -85.2% | +43.9% |
| 2025 | -82.8% | +30.5% |
| 2026 | -37.1% | +8.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRMA and STRW good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between DRMA and STRW?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with 0.15 over the last year and n/a over 5 years.
Is STRW a good diversifier for DRMA?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 mean?
A reading of -0.20 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
$ curl https://www.pairbook.io/api/v1/pairs/drma-vs-strw.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/drma-vs-strw/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DRMA correlations · STRW correlations
