ADCT vs TARA: Correlation
How closely do ADC Therapeutics SA (ADCT) and Protara Therapeutics, Inc. (TARA) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADCT and TARA?
Over the past 3 years, ADCT and TARA moved with a correlation of 0.42, which is moderate. The relationship has been stable: the 1-year correlation (0.33) sits close to the 3-year figure. Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 4583.4 %².
Within ADCT's tracked universe of 15 assets, TARA comes in at #8 by 3-year correlation. The last year tells two different stories: TARA led by 88.7 percentage points, -65.2% for ADCT against +23.5% for TARA.
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 TARA: side by side
| ADCT (ADC Therapeutics SA) | TARA (Protara Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -65.2% | +23.5% |
| 5-year return | -96.1% | -49.9% |
| Volatility (ann.) | 116.4% | 93.1% |
| Beta vs S&P 500 | 2.51 | 1.19 |
| Max drawdown (3Y) | -81.9% | -66.5% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADCT | TARA |
|---|---|---|
| 2022 | -81.0% | -60.3% |
| 2023 | -56.8% | -30.0% |
| 2024 | +19.9% | +181.6% |
| 2025 | +77.4% | +0.9% |
| 2026 | -68.3% | -25.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADCT and TARA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ADCT and TARA?
As of 2026-08-27, the correlation of weekly returns between ADCT and TARA is 0.42 over 3 years, 0.33 over 1 year and 0.37 over 5 years.
Is TARA a good diversifier for ADCT?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 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-tara.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/adct-vs-tara/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADCT correlations · TARA correlations
