ADCT vs KYNB: Correlation
Measured on weekly returns over the past three years, ADC Therapeutics SA (ADCT) and Kyntra Bio, Inc. (KYNB) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADCT and KYNB?
On 3 years of weekly data the ADCT/KYNB correlation comes out at 0.39, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.17 versus 0.39 over 3 years. The 5-year figure is 0.33, and annualized covariance runs at 5593.2 %².
By 3-year correlation, KYNB places #10 of the 15 assets tracked against ADCT. Their recent paths diverged sharply: over the last 12 months KYNB outperformed by 41.5 percentage points (-65.2% for ADCT against -23.7% for KYNB).
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.
ADCT vs KYNB: side by side
| ADCT (ADC Therapeutics SA) | KYNB (Kyntra Bio, Inc.) | |
|---|---|---|
| 1-year return | -65.2% | -23.7% |
| 5-year return | -96.1% | -97.2% |
| Volatility (ann.) | 116.4% | 123.9% |
| Beta vs S&P 500 | 2.51 | 1.81 |
| Max drawdown (3Y) | -81.9% | -92.4% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADCT | KYNB |
|---|---|---|
| 2022 | -81.0% | +13.6% |
| 2023 | -56.8% | -94.5% |
| 2024 | +19.9% | -40.2% |
| 2025 | +77.4% | -33.7% |
| 2026 | -68.3% | -8.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADCT and KYNB good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ADCT and KYNB?
As of 2026-08-27, the correlation of weekly returns between ADCT and KYNB is 0.39 over 3 years, 0.17 over 1 year and 0.33 over 5 years.
Is KYNB a good diversifier for ADCT?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 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
$ curl https://www.pairbook.io/api/v1/pairs/adct-vs-kynb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/adct-vs-kynb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADCT correlations · KYNB correlations