EQNR vs SERA: Correlation
How closely do Equinor ASA (EQNR) and Sera Prognostics, Inc. (SERA) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EQNR and SERA?
Over the past 3 years, EQNR and SERA moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.31 lands near the 3-year figure. Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -1013.1 %².
Among the 79 assets we track against EQNR, SERA ranks #48 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months EQNR outperformed by 105.7 percentage points (+77.2% for EQNR against -28.5% for SERA). Risk is not evenly split, since SERA carries 3.8 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.
EQNR vs SERA: side by side
| EQNR (Equinor ASA) | SERA (Sera Prognostics, Inc.) | |
|---|---|---|
| 1-year return | +77.2% | -28.5% |
| 5-year return | +180.6% | -79.2% |
| Volatility (ann.) | 33.2% | 125.6% |
| Beta vs S&P 500 | -0.25 | 1.29 |
| Max drawdown (3Y) | -27.6% | -87.3% |
| Market cap | $98.6B | $0.1B |
| P/E (trailing) | 11.2 | – |
| Dividend yield | 3.73% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EQNR | SERA |
|---|---|---|
| 2022 | +42.8% | -81.7% |
| 2023 | -0.8% | +374.6% |
| 2024 | -16.0% | +36.1% |
| 2025 | +6.1% | -63.8% |
| 2026 | +81.8% | -31.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EQNR and SERA good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between EQNR and SERA?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.31 over the last year and -0.16 over 5 years.
Is SERA a good diversifier for EQNR?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/eqnr-vs-sera.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/eqnr-vs-sera/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EQNR correlations · SERA correlations
