MIST vs SQFT: Correlation
Milestone Pharmaceuticals Inc. (MIST) and Presidio Property Trust, Inc. (SQFT) 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
How correlated are MIST and SQFT?
On 3 years of weekly data the MIST/SQFT correlation comes out at 0.37, moderate. The link has tightened recently: the 1-year correlation (0.52) runs above the 3-year figure (0.37). The 5-year figure is 0.32, and annualized covariance runs at 3005.4 %².
Out of 11 assets tracked against MIST, SQFT lands near the bottom at #8. Correlation aside, the last 12 months split them widely, with MIST ahead by 38.0 points (-32.8% versus -70.8%).
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.
MIST vs SQFT: side by side
| MIST (Milestone Pharmaceuticals Inc.) | SQFT (Presidio Property Trust, Inc.) | |
|---|---|---|
| 1-year return | -32.8% | -70.8% |
| 5-year return | -80.4% | -95.2% |
| Volatility (ann.) | 91.2% | 90.2% |
| Beta vs S&P 500 | 2.57 | 1.55 |
| Max drawdown (3Y) | -80.7% | -89.7% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MIST | SQFT |
|---|---|---|
| 2022 | -39.5% | -73.4% |
| 2023 | -57.8% | +19.5% |
| 2024 | +41.3% | -22.3% |
| 2025 | -14.4% | -58.4% |
| 2026 | -41.1% | -54.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MIST and SQFT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MIST and SQFT?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.52 over the last year and 0.32 over 5 years.
Is SQFT a good diversifier for MIST?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 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/mist-vs-sqft.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mist-vs-sqft/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MIST correlations · SQFT correlations
