FEBO vs YARW: Correlation
Fenbo Holdings Limited - Class A (FEBO) and Yarrow Bioscience, Inc. (YARW) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FEBO and YARW?
Across a 3-year window, the weekly returns of FEBO and YARW correlate at 0.35, moderate. The past 12 months show a tighter link (0.52) than the 3-year average (0.35). Stretching to 5 years gives n/a, with an annualized covariance of 2809.2 %².
Few assets follow FEBO as closely as YARW, which ranks #2 of 10 tracked partners. The last year tells two different stories: YARW led by 316.1 percentage points, -3.1% for FEBO against +313.0% for YARW.
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.
FEBO vs YARW: side by side
| FEBO (Fenbo Holdings Limited - Class A) | YARW (Yarrow Bioscience, Inc.) | |
|---|---|---|
| 1-year return | -3.1% | +313.0% |
| 5-year return | n/a | -95.6% |
| Volatility (ann.) | 81.1% | 99.6% |
| Beta vs S&P 500 | 0.19 | 1.89 |
| Max drawdown (3Y) | -96.0% | -93.8% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FEBO | YARW |
|---|---|---|
| 2022 | – | -85.3% |
| 2023 | – | -13.7% |
| 2024 | -65.6% | +43.8% |
| 2025 | -23.6% | -82.7% |
| 2026 | -45.9% | +132.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FEBO and YARW good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between FEBO and YARW?
Using weekly returns as of 2026-08-27: 0.35 over 3 years, with 0.52 over the last year and n/a over 5 years.
Is YARW a good diversifier for FEBO?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 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
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Related comparisons
Hubs: FEBO correlations · YARW correlations
