LSTA vs MRNA: Correlation
How closely do Lisata Therapeutics, Inc. (LSTA) and Moderna (MRNA) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LSTA and MRNA?
On 3 years of weekly data the LSTA/MRNA correlation comes out at 0.34, moderate. Recent behaviour matches the longer record: 0.39 over 1 year against 0.34 over 3. The 5-year figure is 0.29, and annualized covariance runs at 3145.4 %².
Few assets follow LSTA as closely as MRNA, which ranks #3 of 15 tracked partners. Their recent paths diverged sharply: over the last 12 months MRNA outperformed by 496.0 percentage points (-27.2% for LSTA against +468.8% for MRNA).
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 MRNA: side by side
| LSTA (Lisata Therapeutics, Inc.) | MRNA (Moderna) | |
|---|---|---|
| 1-year return | -27.2% | +468.8% |
| 5-year return | -90.4% | -61.5% |
| Volatility (ann.) | 91.1% | 100.7% |
| Beta vs S&P 500 | 0.31 | 0.98 |
| Max drawdown (3Y) | -80.4% | -86.6% |
| Market cap | – | $57.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | LSTA | MRNA |
|---|---|---|
| 2022 | -79.9% | -29.3% |
| 2023 | +7.9% | -44.6% |
| 2024 | +9.2% | -58.2% |
| 2025 | -37.6% | -29.1% |
| 2026 | -2.2% | +384.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LSTA and MRNA good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LSTA and MRNA?
As of 2026-08-27, the correlation of weekly returns between LSTA and MRNA is 0.34 over 3 years, 0.39 over 1 year and 0.29 over 5 years.
Is MRNA a good diversifier for LSTA?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 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-mrna.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lsta-vs-mrna/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LSTA correlations · MRNA correlations
