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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

Correlation (3Y)
0.39
moderate
Correlation (1Y)
0.17
last 12 months
Correlation (5Y)
0.33
long-run
Ann. covariance
5593.2
%² · weekly, annualized

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 5002.511.81
Max drawdown (3Y)-81.9%-92.4%
Market cap$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: ADCT -81.9% vs -92.4%Higher 5y return: ADCT -96.1% vs -97.2%
-72%0%+26%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ADCT · KYNB

Year-by-year returns

YearADCTKYNB
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.

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ADCT vs KYNB: 3-year weekly correlation 0.39ADCT vs KYNB0.39

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Related comparisons

Hubs: ADCT correlations · KYNB correlations