SCYX vs VSTM: Correlation
SCYNEXIS, Inc. (SCYX) and Verastem, Inc. (VSTM) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SCYX and VSTM?
Across a 3-year window, the weekly returns of SCYX and VSTM correlate at 0.42, moderate. The link has loosened recently: the 1-year correlation (0.26) runs below the 3-year figure (0.42). Stretching to 5 years gives 0.22, with an annualized covariance of 3389.0 %².
In SCYX's tracked universe of 10 assets, VSTM sits right near the top at #2. Twelve-month performance is nearly a tie, at -17.4% for SCYX and -20.6% for VSTM.
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.
SCYX vs VSTM: side by side
| SCYX (SCYNEXIS, Inc.) | VSTM (Verastem, Inc.) | |
|---|---|---|
| 1-year return | -17.4% | -20.6% |
| 5-year return | -89.1% | -77.0% |
| Volatility (ann.) | 79.8% | 102.2% |
| Beta vs S&P 500 | 1.52 | 1.38 |
| Max drawdown (3Y) | -87.8% | -84.4% |
| Market cap | $0.1B | $0.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SCYX | VSTM |
|---|---|---|
| 2022 | -74.4% | -80.5% |
| 2023 | +42.9% | +69.6% |
| 2024 | -45.7% | -36.5% |
| 2025 | -47.8% | +49.3% |
| 2026 | +9.2% | -4.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SCYX and VSTM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between SCYX and VSTM?
As of 2026-08-27, the correlation of weekly returns between SCYX and VSTM is 0.42 over 3 years, 0.26 over 1 year and 0.22 over 5 years.
Is VSTM a good diversifier for SCYX?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
A reading of 0.42 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/scyx-vs-vstm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/scyx-vs-vstm/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SCYX correlations · VSTM correlations
