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NAMS vs PRSU: Correlation

How closely do NewAmsterdam Pharma Company N.V. (NAMS) and Pursuit Attractions and Hospitality, Inc. (PRSU) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.

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

Correlation (3Y)
0.43
moderate
Correlation (1Y)
0.12
last 12 months
Correlation (5Y)
0.20
long-run
Ann. covariance
1225.5
%² · weekly, annualized

How correlated are NAMS and PRSU?

On 3 years of weekly data the NAMS/PRSU correlation comes out at 0.43, moderate. The past 12 months show a weaker link (0.12) than the 3-year average (0.43). The 5-year figure is 0.20, and annualized covariance runs at 1225.5 %².

By 3-year correlation, PRSU places #4 of the 11 assets tracked against NAMS. Their recent paths diverged sharply: over the last 12 months PRSU outperformed by 23.7 percentage points (+9.5% for NAMS against +33.2% for PRSU). One caveat on sizing: NAMS 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.

NAMS vs PRSU: side by side

NAMS (NewAmsterdam Pharma Company N.V.)PRSU (Pursuit Attractions and Hospitality, Inc.)
1-year return+9.5%+33.2%
5-year return+177.3%+15.6%
Volatility (ann.)74.2%38.8%
Beta vs S&P 5001.731.24
Max drawdown (3Y)-45.4%-40.2%
Market cap$3.1B$1.4B
P/E (trailing)33.8
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: PRSU -40.2% vs -45.4%Higher 5y return: NAMS +177.3% vs +15.6%
-11%0%+53%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. NAMS · PRSU

Year-by-year returns

YearNAMSPRSU
2022+11.8%-43.0%
2023+2.5%+48.4%
2024+130.1%+17.4%
2025+36.5%-20.8%
2026-23.6%+46.4%

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

Are NAMS and PRSU good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between NAMS and PRSU?

As of 2026-08-27, the correlation of weekly returns between NAMS and PRSU is 0.43 over 3 years, 0.12 over 1 year and 0.20 over 5 years.

Is PRSU a good diversifier for NAMS?

Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.43 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

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NAMS vs PRSU: 3-year weekly correlation 0.43NAMS vs PRSU0.43

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Related comparisons

Hubs: NAMS correlations · PRSU correlations