FFIV vs PALI: Correlation
Measured on weekly returns over the past three years, F5, Inc. (FFIV) and Palisade Bio, Inc. (PALI) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FFIV and PALI?
Over the past 3 years, FFIV and PALI moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.15) sits close to the 3-year figure. Over 5 years the correlation is 0.01, and the annualized covariance of weekly returns is -552.7 %².
Among the 34 assets we track against FFIV, PALI ranks #26 by 3-year correlation. Correlation aside, the last 12 months split them widely, with PALI ahead by 190.6 points (+29.1% versus +219.7%). One caveat on sizing: PALI is 3.8 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.
FFIV vs PALI: side by side
| FFIV (F5, Inc.) | PALI (Palisade Bio, Inc.) | |
|---|---|---|
| 1-year return | +29.1% | +219.7% |
| 5-year return | +99.3% | -99.9% |
| Volatility (ann.) | 26.6% | 102.3% |
| Beta vs S&P 500 | 0.77 | 0.30 |
| Max drawdown (3Y) | -34.7% | -97.5% |
| Market cap | $23.2B | $0.4B |
| P/E (trailing) | 31.8 | 3.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | FFIV | PALI |
|---|---|---|
| 2022 | -41.4% | -92.0% |
| 2023 | +24.7% | -88.7% |
| 2024 | +40.5% | -81.4% |
| 2025 | +1.5% | +42.4% |
| 2026 | +60.7% | -10.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FFIV and PALI good diversifiers for each other?
Yes. With a correlation of -0.20, FFIV and PALI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FFIV and PALI?
The FFIV/PALI correlation stands at -0.20 on a 3-year window (1 year: -0.15, 5 years: 0.01), computed from weekly returns as of 2026-08-27.
Is PALI a good diversifier for FFIV?
Yes. With a correlation of -0.20, FFIV and PALI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 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/ffiv-vs-pali.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ffiv-vs-pali/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FFIV correlations · PALI correlations
