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GOSS vs SLDB: Correlation

Gossamer Bio, Inc. (GOSS) and Solid Biosciences Inc. (SLDB) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.37
moderate
Correlation (1Y)
0.17
last 12 months
Correlation (5Y)
0.31
long-run
Ann. covariance
4136.7
%² · weekly, annualized

How correlated are GOSS and SLDB?

Across a 3-year window, the weekly returns of GOSS and SLDB correlate at 0.37, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.17 versus 0.37 over 3 years. Stretching to 5 years gives 0.31, with an annualized covariance of 4136.7 %².

Few assets follow GOSS as closely as SLDB, which ranks #3 of 11 tracked partners. Correlation aside, the last 12 months split them widely, with SLDB ahead by 173.3 points (-93.1% versus +80.2%).

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.

GOSS vs SLDB: side by side

GOSS (Gossamer Bio, Inc.)SLDB (Solid Biosciences Inc.)
1-year return-93.1%+80.2%
5-year return-98.3%-75.0%
Volatility (ann.)106.7%103.6%
Beta vs S&P 5001.892.35
Max drawdown (3Y)-96.4%-82.9%
Market cap$0.1B$1.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: SLDB -82.9% vs -96.4%Higher 5y return: SLDB -75.0% vs -98.3%
-95%0%+97%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. GOSS · SLDB

Year-by-year returns

YearGOSSSLDB
2022-80.8%-79.5%
2023-57.9%+14.1%
2024-0.9%-34.9%
2025+242.5%+41.0%
2026-94.5%+79.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are GOSS and SLDB good diversifiers for each other?

A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between GOSS and SLDB?

The GOSS/SLDB correlation stands at 0.37 on a 3-year window (1 year: 0.17, 5 years: 0.31), computed from weekly returns as of 2026-08-27.

Is SLDB a good diversifier for GOSS?

A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.37 mean?

A reading of 0.37 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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GOSS vs SLDB: 3-year weekly correlation 0.37GOSS vs SLDB0.37

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Hubs: GOSS correlations · SLDB correlations