RNAZ vs SEED: Correlation
TransCode Therapeutics, Inc. (RNAZ) and Origin Agritech Limited (SEED) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RNAZ and SEED?
Across a 3-year window, the weekly returns of RNAZ and SEED correlate at 0.32, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.20 versus 0.32 over 3 years. Stretching to 5 years gives 0.24, with an annualized covariance of 4756.6 %².
Among the 10 assets we track against RNAZ, SEED ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SEED ahead by 57.6 points (-77.3% versus -19.7%). Risk is not evenly split, since RNAZ carries 2.0 times the volatility of the other side.
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.
RNAZ vs SEED: side by side
| RNAZ (TransCode Therapeutics, Inc.) | SEED (Origin Agritech Limited) | |
|---|---|---|
| 1-year return | -77.3% | -19.7% |
| 5-year return | -100.0% | -88.2% |
| Volatility (ann.) | 173.5% | 86.1% |
| Beta vs S&P 500 | 2.47 | 0.93 |
| Max drawdown (3Y) | -100.0% | -86.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RNAZ | SEED |
|---|---|---|
| 2022 | -73.5% | -3.1% |
| 2023 | -98.8% | -67.6% |
| 2024 | -98.5% | -6.7% |
| 2025 | -92.8% | -47.1% |
| 2026 | -66.6% | -11.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RNAZ and SEED good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between RNAZ and SEED?
Using weekly returns as of 2026-08-27: 0.32 over 3 years, with 0.20 over the last year and 0.24 over 5 years.
Is SEED a good diversifier for RNAZ?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
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/rnaz-vs-seed.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/rnaz-vs-seed/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RNAZ correlations · SEED correlations
