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STIM vs STLN: Correlation

Neuronetics, Inc. (STIM) and Starling Oncology, Inc. (STLN) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.36
moderate
Correlation (1Y)
0.49
last 12 months
Correlation (5Y)
0.23
long-run
Ann. covariance
4537.0
%² · weekly, annualized

How correlated are STIM and STLN?

Over the past 3 years, STIM and STLN moved with a correlation of 0.36, which is moderate. The past 12 months show a tighter link (0.49) than the 3-year average (0.36). Over 5 years the correlation is 0.23, and the annualized covariance of weekly returns is 4537.0 %².

Among the 11 assets we track against STIM, STLN ranks #6 by 3-year correlation. The last year tells two different stories: STLN led by 95.1 percentage points, -11.9% for STIM against +83.2% for STLN.

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.

STIM vs STLN: side by side

STIM (Neuronetics, Inc.)STLN (Starling Oncology, Inc.)
1-year return-11.9%+83.2%
5-year return-54.7%-36.1%
Volatility (ann.)109.2%116.5%
Beta vs S&P 5001.831.39
Max drawdown (3Y)-87.3%-94.8%
Market cap$0.2B$0.6B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: STIM -87.3% vs -94.8%Higher 5y return: STLN -36.1% vs -54.7%
-63%0%+96%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). STIM · STLN

Year-by-year returns

YearSTIMSTLN
2022+54.0%-83.1%
2023-57.8%+23.6%
2024-44.5%-84.9%
2025-14.3%+1052.1%
2026+114.5%+78.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are STIM and STLN good diversifiers for each other?

A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between STIM and STLN?

The STIM/STLN correlation stands at 0.36 on a 3-year window (1 year: 0.49, 5 years: 0.23), computed from weekly returns as of 2026-08-27.

Is STLN a good diversifier for STIM?

A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.36 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

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STIM vs STLN: 3-year weekly correlation 0.36STIM vs STLN0.36

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Related comparisons

Hubs: STIM correlations · STLN correlations