FTH vs MAYS: Correlation
How closely do Faeth Therapeutics, Inc. (FTH) and J. W. Mays, Inc. (MAYS) trade together? Their weekly returns over three years give a correlation of 0.64, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FTH and MAYS?
Across a 3-year window, the weekly returns of FTH and MAYS correlate at 0.64, strong. The link has tightened recently: the 1-year correlation (0.80) runs above the 3-year figure (0.64). Stretching to 5 years gives 0.48, with an annualized covariance of 4025.2 %².
In FTH's tracked universe of 19 assets, MAYS sits right near the top at #1. Correlation aside, the last 12 months split them widely, with FTH ahead by 307.8 points (+320.7% versus +12.9%). One caveat on sizing: FTH is 5.7 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.
FTH vs MAYS: side by side
| FTH (Faeth Therapeutics, Inc.) | MAYS (J. W. Mays, Inc.) | |
|---|---|---|
| 1-year return | +320.7% | +12.9% |
| 5-year return | -83.6% | +34.4% |
| Volatility (ann.) | 189.5% | 33.2% |
| Beta vs S&P 500 | 1.77 | 0.03 |
| Max drawdown (3Y) | -84.3% | -30.9% |
| Market cap | $0.9B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FTH | MAYS |
|---|---|---|
| 2022 | -74.3% | +18.4% |
| 2023 | -53.6% | -12.7% |
| 2024 | -29.2% | +4.8% |
| 2025 | +8.9% | -9.2% |
| 2026 | +216.2% | +5.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FTH and MAYS good diversifiers for each other?
Only partially. A correlation of 0.64 means FTH and MAYS 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 FTH and MAYS?
As of 2026-08-27, the correlation of weekly returns between FTH and MAYS is 0.64 over 3 years, 0.80 over 1 year and 0.48 over 5 years.
Is MAYS a good diversifier for FTH?
Only partially. A correlation of 0.64 means FTH and MAYS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.64 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/fth-vs-mays.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fth-vs-mays/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FTH correlations · MAYS correlations
