FRMM vs PRQR: Correlation
Forum Markets, Incorporated (FRMM) and ProQR Therapeutics N.V. (PRQR) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FRMM and PRQR?
Across a 3-year window, the weekly returns of FRMM and PRQR correlate at 0.54, moderate. The past 12 months show a weaker link (-0.02) than the 3-year average (0.54). Stretching to 5 years gives 0.40, with an annualized covariance of 12940.3 %².
By 3-year correlation, PRQR places #4 of the 15 assets tracked against FRMM. The last year tells two different stories: PRQR led by 86.0 percentage points, -81.0% for FRMM against +5.0% for PRQR. Note the risk asymmetry: FRMM runs 2.2 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.
FRMM vs PRQR: side by side
| FRMM (Forum Markets, Incorporated) | PRQR (ProQR Therapeutics N.V.) | |
|---|---|---|
| 1-year return | -81.0% | +5.0% |
| 5-year return | -100.0% | -64.2% |
| Volatility (ann.) | 228.0% | 104.9% |
| Beta vs S&P 500 | 2.29 | 1.98 |
| Max drawdown (3Y) | -98.9% | -75.1% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FRMM | PRQR |
|---|---|---|
| 2022 | -95.7% | -53.8% |
| 2023 | -93.7% | -46.5% |
| 2024 | -55.2% | +33.8% |
| 2025 | -73.1% | -23.8% |
| 2026 | +15.5% | +14.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FRMM and PRQR good diversifiers for each other?
Only partially. A correlation of 0.54 means FRMM and PRQR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between FRMM and PRQR?
As of 2026-08-27, the correlation of weekly returns between FRMM and PRQR is 0.54 over 3 years, -0.02 over 1 year and 0.40 over 5 years.
Is PRQR a good diversifier for FRMM?
Only partially. A correlation of 0.54 means FRMM and PRQR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.54 mean?
A reading of 0.54 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/frmm-vs-prqr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/frmm-vs-prqr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FRMM correlations · PRQR correlations
