ENTX vs FLO: Correlation
Measured on weekly returns over the past three years, Entera Bio Ltd. (ENTX) and Flowers Foods, Inc. (FLO) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ENTX and FLO?
On 3 years of weekly data the ENTX/FLO correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.28 lands near the 3-year figure. The 5-year figure is -0.15, and annualized covariance runs at -664.6 %².
Among the 24 assets we track against ENTX, FLO sits near the bottom by co-movement, at rank #23. Correlation aside, the last 12 months split them widely, with ENTX ahead by 106.8 points (+57.1% versus -49.7%). Note the risk asymmetry: ENTX runs 3.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ENTX vs FLO: side by side
| ENTX (Entera Bio Ltd.) | FLO (Flowers Foods, Inc.) | |
|---|---|---|
| 1-year return | +57.1% | -49.7% |
| 5-year return | -36.1% | -63.2% |
| Volatility (ann.) | 96.7% | 26.8% |
| Beta vs S&P 500 | 0.33 | 0.20 |
| Max drawdown (3Y) | -68.2% | -68.8% |
| Market cap | $0.5B | $1.5B |
| P/E (trailing) | – | 26.8 |
| Dividend yield | 0.00% | 13.81% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ENTX | FLO |
|---|---|---|
| 2022 | -74.1% | +8.0% |
| 2023 | -17.8% | -18.6% |
| 2024 | +253.3% | -4.3% |
| 2025 | -8.5% | -43.6% |
| 2026 | +58.8% | -33.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ENTX and FLO good diversifiers for each other?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ENTX and FLO?
The ENTX/FLO correlation stands at -0.26 on a 3-year window (1 year: -0.28, 5 years: -0.15), computed from weekly returns as of 2026-08-27.
Is FLO a good diversifier for ENTX?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.26 mean?
A reading of -0.26 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: ENTX correlations · FLO correlations
