SLXN vs UAVS: Correlation
Silexion Therapeutics Corp (SLXN) and AgEagle Aerial Systems, Inc. (UAVS) show a moderate relationship: their 3-year correlation of weekly returns is 0.57.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SLXN and UAVS?
Across a 3-year window, the weekly returns of SLXN and UAVS correlate at 0.57, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.04 versus 0.57 over 3 years. Stretching to 5 years gives 0.53, with an annualized covariance of 41294.7 %².
By 3-year correlation, UAVS places #5 of the 14 assets tracked against SLXN. Their recent paths diverged sharply: over the last 12 months UAVS outperformed by 57.2 percentage points (-99.5% for SLXN against -42.3% for UAVS). Note the risk asymmetry: SLXN runs 3.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
SLXN vs UAVS: side by side
| SLXN (Silexion Therapeutics Corp) | UAVS (AgEagle Aerial Systems, Inc.) | |
|---|---|---|
| 1-year return | -99.5% | -42.3% |
| 5-year return | -100.0% | -100.0% |
| Volatility (ann.) | 498.2% | 145.0% |
| Beta vs S&P 500 | 1.29 | 2.34 |
| Max drawdown (3Y) | -100.0% | -99.7% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SLXN | UAVS |
|---|---|---|
| 2022 | +4.0% | -77.7% |
| 2023 | +7.7% | -71.4% |
| 2024 | -81.5% | -96.5% |
| 2025 | -93.6% | -76.7% |
| 2026 | -98.1% | +38.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SLXN and UAVS good diversifiers for each other?
Only partially. A correlation of 0.57 means SLXN and UAVS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between SLXN and UAVS?
Using weekly returns as of 2026-08-27: 0.57 over 3 years, with 0.04 over the last year and 0.53 over 5 years.
Is UAVS a good diversifier for SLXN?
Only partially. A correlation of 0.57 means SLXN and UAVS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.57 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/slxn-vs-uavs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/slxn-vs-uavs/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SLXN correlations · UAVS correlations
