IDYA vs SLN: Correlation
Measured on weekly returns over the past three years, IDEAYA Biosciences, Inc. (IDYA) and Silence Therapeutics Plc - American Depository Share (SLN) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IDYA and SLN?
Across a 3-year window, the weekly returns of IDYA and SLN correlate at 0.52, moderate. The relationship has been stable: the 1-year correlation (0.62) sits close to the 3-year figure. Stretching to 5 years gives 0.35, with an annualized covariance of 2030.8 %².
Among the 23 assets we track against IDYA, SLN ranks #10 by 3-year correlation. The last year tells two different stories: SLN led by 91.6 percentage points, +67.1% for IDYA against +158.7% for SLN. One caveat on sizing: SLN is 1.9 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.
IDYA vs SLN: side by side
| IDYA (IDEAYA Biosciences, Inc.) | SLN (Silence Therapeutics Plc - American Depository Share) | |
|---|---|---|
| 1-year return | +67.1% | +158.7% |
| 5-year return | +82.5% | -42.5% |
| Volatility (ann.) | 45.3% | 86.0% |
| Beta vs S&P 500 | 1.37 | 1.27 |
| Max drawdown (3Y) | -69.2% | -91.7% |
| Market cap | $4.0B | $0.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IDYA | SLN |
|---|---|---|
| 2022 | -23.1% | -36.2% |
| 2023 | +95.8% | +13.9% |
| 2024 | -27.8% | -60.4% |
| 2025 | +34.5% | -11.6% |
| 2026 | +20.8% | +121.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IDYA and SLN good diversifiers for each other?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between IDYA and SLN?
As of 2026-08-27, the correlation of weekly returns between IDYA and SLN is 0.52 over 3 years, 0.62 over 1 year and 0.35 over 5 years.
Is SLN a good diversifier for IDYA?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/idya-vs-sln.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/idya-vs-sln/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IDYA correlations · SLN correlations
