STEX vs VANI: Correlation
How closely do Streamex Corp. (STEX) and Vivani Medical, Inc. (VANI) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are STEX and VANI?
On 3 years of weekly data the STEX/VANI correlation comes out at 0.38, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.26 versus 0.38 over 3 years. The 5-year figure is 0.32, and annualized covariance runs at 8747.3 %².
Among the 13 assets we track against STEX, VANI ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VANI ahead by 97.5 points (-82.7% versus +14.8%). Risk is not evenly split, since STEX carries 1.5 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.
STEX vs VANI: side by side
| STEX (Streamex Corp.) | VANI (Vivani Medical, Inc.) | |
|---|---|---|
| 1-year return | -82.7% | +14.8% |
| 5-year return | -97.3% | -87.4% |
| Volatility (ann.) | 188.3% | 123.8% |
| Beta vs S&P 500 | 1.71 | 1.29 |
| Max drawdown (3Y) | -96.0% | -77.8% |
| Market cap | $0.2B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | STEX | VANI |
|---|---|---|
| 2022 | -81.2% | -82.6% |
| 2023 | +13.1% | +20.0% |
| 2024 | -68.6% | +13.7% |
| 2025 | +103.4% | +6.0% |
| 2026 | -72.7% | +13.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are STEX and VANI good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between STEX and VANI?
The STEX/VANI correlation stands at 0.38 on a 3-year window (1 year: 0.26, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is VANI a good diversifier for STEX?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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.
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Related comparisons
Hubs: STEX correlations · VANI correlations
