ENTX vs MS: Correlation
Entera Bio Ltd. (ENTX) and Morgan Stanley (MS) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ENTX and MS?
On 3 years of weekly data the ENTX/MS correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.36) runs below the 3-year figure (-0.17). The 5-year figure is -0.06, and annualized covariance runs at -464.9 %².
By 3-year correlation, MS places #12 of the 24 assets tracked against ENTX. Over the last 12 months ENTX came out ahead by 10.0 percentage points (+57.1% against +47.1%). Risk is not evenly split, since ENTX carries 3.4 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.
ENTX vs MS: side by side
| ENTX (Entera Bio Ltd.) | MS (Morgan Stanley) | |
|---|---|---|
| 1-year return | +57.1% | +47.1% |
| 5-year return | -36.1% | +142.0% |
| Volatility (ann.) | 96.7% | 28.3% |
| Beta vs S&P 500 | 0.33 | 1.43 |
| Max drawdown (3Y) | -68.2% | -29.2% |
| Market cap | $0.5B | $337.5B |
| P/E (trailing) | – | 17.4 |
| Dividend yield | 0.00% | 1.94% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | ENTX | MS |
|---|---|---|
| 2022 | -74.1% | -10.3% |
| 2023 | -17.8% | +13.9% |
| 2024 | +253.3% | +39.7% |
| 2025 | -8.5% | +45.2% |
| 2026 | +58.8% | +23.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ENTX and MS good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between ENTX and MS?
As of 2026-08-27, the correlation of weekly returns between ENTX and MS is -0.17 over 3 years, -0.36 over 1 year and -0.06 over 5 years.
Is MS a good diversifier for ENTX?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
What does a correlation of -0.17 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/entx-vs-ms.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/entx-vs-ms/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ENTX correlations · MS correlations
