ACHV vs OKUR: Correlation
Achieve Life Sciences, Inc. (ACHV) and OnKure Therapeutics, Inc. (OKUR) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACHV and OKUR?
Over the past 3 years, ACHV and OKUR moved with a correlation of 0.38, which is moderate. The link has loosened recently: the 1-year correlation (0.13) runs below the 3-year figure (0.38). Over 5 years the correlation is 0.28, and the annualized covariance of weekly returns is 2542.3 %².
Within ACHV's tracked universe of 13 assets, OKUR comes in at #6 by 3-year correlation. The last year tells two different stories: ACHV led by 137.7 percentage points, +174.5% for ACHV against +36.8% for OKUR.
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.
ACHV vs OKUR: side by side
| ACHV (Achieve Life Sciences, Inc.) | OKUR (OnKure Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +174.5% | +36.8% |
| 5-year return | +3.2% | -96.0% |
| Volatility (ann.) | 81.5% | 81.5% |
| Beta vs S&P 500 | 2.08 | 0.59 |
| Max drawdown (3Y) | -66.2% | -97.8% |
| Market cap | $0.8B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACHV | OKUR |
|---|---|---|
| 2022 | -68.5% | -72.7% |
| 2023 | +68.2% | -31.3% |
| 2024 | -14.6% | -46.2% |
| 2025 | +41.2% | -66.3% |
| 2026 | +64.6% | +32.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACHV and OKUR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ACHV and OKUR?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.13 over the last year and 0.28 over 5 years.
Is OKUR a good diversifier for ACHV?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/achv-vs-okur.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/achv-vs-okur/)
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Related comparisons
Hubs: ACHV correlations · OKUR correlations
