LSTA vs MOVE: Correlation
How closely do Lisata Therapeutics, Inc. (LSTA) and Corvex, Inc. (MOVE) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LSTA and MOVE?
Over the past 3 years, LSTA and MOVE moved with a correlation of 0.32, which is moderate. The relationship has been stable: the 1-year correlation (0.36) sits close to the 3-year figure. Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 4623.5 %².
By 3-year correlation, MOVE places #5 of the 15 assets tracked against LSTA. Their recent paths diverged sharply: over the last 12 months MOVE outperformed by 170.9 percentage points (-27.2% for LSTA against +143.7% for MOVE). Note the risk asymmetry: MOVE runs 1.7 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.
LSTA vs MOVE: side by side
| LSTA (Lisata Therapeutics, Inc.) | MOVE (Corvex, Inc.) | |
|---|---|---|
| 1-year return | -27.2% | +143.7% |
| 5-year return | -90.4% | -97.6% |
| Volatility (ann.) | 91.1% | 159.1% |
| Beta vs S&P 500 | 0.31 | 1.58 |
| Max drawdown (3Y) | -80.4% | -97.5% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LSTA | MOVE |
|---|---|---|
| 2022 | -79.9% | -65.8% |
| 2023 | +7.9% | -39.9% |
| 2024 | +9.2% | -53.9% |
| 2025 | -37.6% | -84.6% |
| 2026 | -2.2% | +82.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LSTA and MOVE good diversifiers for each other?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LSTA and MOVE?
The LSTA/MOVE correlation stands at 0.32 on a 3-year window (1 year: 0.36, 5 years: 0.29), computed from weekly returns as of 2026-08-27.
Is MOVE a good diversifier for LSTA?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.32 mean?
On the −1 to +1 scale, 0.32 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/lsta-vs-move.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lsta-vs-move/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LSTA correlations · MOVE correlations
