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TELA correlations (TELA Bio, Inc.)

Every correlation that matters for TELA: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)
75.9%
3y weekly
Beta vs S&P 500
0.88
3y weekly
1-year return
-63.1%
price, adjusted
5-year return
-95.2%
price, adjusted
Max drawdown
-94.2%
3y, daily closes
-64%0%+2%2025-09-052026-08-27
TELA over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with TELA

AssetCorrelation (3Y)
QHQuhuo Limited - Class A0.39
BANDBandwidth Inc.0.38
XRXXerox Holdings Corporation0.36
AIOSAIOS Tech Inc. - Class A0.35
HYPDHyperion DeFi, Inc.0.34

Best diversifiers for TELA

The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from TELA.

AssetCorrelation (3Y)
NCSMNCS Multistage Holdings, Inc.-0.21
OPCHOption Care Health, Inc.-0.21
KBSXFST Corp.-0.20

TELA vs benchmarks

Get TELA data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/tela.json

Correlations, diversifiers, beta and volatility for TELA, plus one endpoint per pair. API documentation.