PairBook
HomeADCT › ADCT vs NRSN

ADCT vs NRSN: Correlation

ADC Therapeutics SA (ADCT) and NeuroSense Therapeutics Ltd. (NRSN) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.

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

Correlation (3Y)
0.43
moderate
Correlation (1Y)
0.18
last 12 months
Correlation (5Y)
0.27
long-run
Ann. covariance
5901.5
%² · weekly, annualized

How correlated are ADCT and NRSN?

On 3 years of weekly data the ADCT/NRSN correlation comes out at 0.43, moderate. The link has loosened recently: the 1-year correlation (0.18) runs below the 3-year figure (0.43). The 5-year figure is 0.27, and annualized covariance runs at 5901.5 %².

Within ADCT's tracked universe of 15 assets, NRSN comes in at #5 by 3-year correlation. Neither side won the trailing year by much: -65.2% against -60.8%.

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 NRSN: side by side

ADCT (ADC Therapeutics SA)NRSN (NeuroSense Therapeutics Ltd.)
1-year return-65.2%-60.8%
5-year return-96.1%-89.1%
Volatility (ann.)116.4%118.6%
Beta vs S&P 5002.511.68
Max drawdown (3Y)-81.9%-85.9%
Market cap$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: ADCT -81.9% vs -85.9%Higher 5y return: NRSN -89.1% vs -96.1%
-72%0%+26%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ADCT · NRSN

Year-by-year returns

YearADCTNRSN
2022-81.0%-50.4%
2023-56.8%-35.7%
2024+19.9%+52.9%
2025+77.4%-35.9%
2026-68.3%-42.9%

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

Are ADCT and NRSN good diversifiers for each other?

A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between ADCT and NRSN?

The ADCT/NRSN correlation stands at 0.43 on a 3-year window (1 year: 0.18, 5 years: 0.27), computed from weekly returns as of 2026-08-27.

Is NRSN a good diversifier for ADCT?

A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.43 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

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

ADCT vs NRSN: 3-year weekly correlation 0.43ADCT vs NRSN0.43

Markdown for the live badge, attribution link included:

[![ADCT vs NRSN correlation](https://www.pairbook.io/api/v1/badge/adct-vs-nrsn.svg)](https://www.pairbook.io/pair/adct-vs-nrsn/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: ADCT correlations · NRSN correlations