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TOMZ vs TRAW: Correlation

How closely do TOMI Environmental Solutions, Inc. (TOMZ) and Traws Pharma, Inc. (TRAW) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.

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

Correlation (3Y)
0.36
moderate
Correlation (1Y)
0.30
last 12 months
Correlation (5Y)
0.28
long-run
Ann. covariance
3414.8
%² · weekly, annualized

How correlated are TOMZ and TRAW?

Over the past 3 years, TOMZ and TRAW moved with a correlation of 0.36, which is moderate. Little has changed lately, as the 1-year reading of 0.30 lands near the 3-year figure. Over 5 years the correlation is 0.28, and the annualized covariance of weekly returns is 3414.8 %².

In TOMZ's tracked universe of 17 assets, TRAW sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months TOMZ outperformed by 29.9 percentage points (-28.9% for TOMZ against -58.8% for TRAW). Risk is not evenly split, since TRAW 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.

TOMZ vs TRAW: side by side

TOMZ (TOMI Environmental Solutions, Inc.)TRAW (Traws Pharma, Inc.)
1-year return-28.9%-58.8%
5-year return-66.5%-99.5%
Volatility (ann.)68.9%138.3%
Beta vs S&P 5001.000.67
Max drawdown (3Y)-61.6%-98.3%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: TOMZ -61.6% vs -98.3%Higher 5y return: TOMZ -66.5% vs -99.5%
-75%0%+68%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). TOMZ · TRAW

Year-by-year returns

YearTOMZTRAW
2022-70.3%-74.5%
2023+106.1%+15.4%
2024+4.0%-52.6%
2025-25.7%-87.3%
2026-24.4%-48.2%

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

Are TOMZ and TRAW 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 TOMZ and TRAW?

Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.30 over the last year and 0.28 over 5 years.

Is TRAW a good diversifier for TOMZ?

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?

A reading of 0.36 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/tomz-vs-traw.json

TOMZ vs TRAW: 3-year weekly correlation 0.36TOMZ vs TRAW0.36

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Related comparisons

Hubs: TOMZ correlations · TRAW correlations