SLXN vs UMAC: Correlation
Silexion Therapeutics Corp (SLXN) and Unusual Machines, Inc. (UMAC) show a strong relationship: their 3-year correlation of weekly returns is 0.78.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SLXN and UMAC?
On 3 years of weekly data the SLXN/UMAC correlation comes out at 0.78, strong. The link has loosened recently: the 1-year correlation (-0.01) runs below the 3-year figure (0.78). The 5-year figure is n/a, and annualized covariance runs at 104606.2 %².
In SLXN's tracked universe of 14 assets, UMAC sits right near the top at #3. Correlation aside, the last 12 months split them widely, with UMAC ahead by 256.6 points (-99.5% versus +157.1%). Risk is not evenly split, since SLXN 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.
SLXN vs UMAC: side by side
| SLXN (Silexion Therapeutics Corp) | UMAC (Unusual Machines, Inc.) | |
|---|---|---|
| 1-year return | -99.5% | +157.1% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 498.2% | 248.9% |
| Beta vs S&P 500 | 1.29 | 3.43 |
| Max drawdown (3Y) | -100.0% | -75.6% |
| Market cap | – | $1.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SLXN | UMAC |
|---|---|---|
| 2022 | +4.0% | – |
| 2023 | +7.7% | – |
| 2024 | -81.5% | – |
| 2025 | -93.6% | -24.3% |
| 2026 | -98.1% | +106.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SLXN and UMAC good diversifiers for each other?
Only partially. A correlation of 0.78 means SLXN and UMAC 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 UMAC?
Using weekly returns as of 2026-08-27: 0.78 over 3 years, with -0.01 over the last year and n/a over 5 years.
Is UMAC a good diversifier for SLXN?
Only partially. A correlation of 0.78 means SLXN and UMAC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.78 mean?
On the −1 to +1 scale, 0.78 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/slxn-vs-umac.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/slxn-vs-umac/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SLXN correlations · UMAC correlations
