ADIL vs KRYS: Correlation
Measured on weekly returns over the past three years, Adial Pharmaceuticals, Inc (ADIL) and Krystal Biotech, Inc. (KRYS) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADIL and KRYS?
Across a 3-year window, the weekly returns of ADIL and KRYS correlate at 0.53, moderate. The link has loosened recently: the 1-year correlation (0.15) runs below the 3-year figure (0.53). Stretching to 5 years gives 0.33, with an annualized covariance of 5455.3 %².
By 3-year correlation, KRYS places #5 of the 19 assets tracked against ADIL. Correlation aside, the last 12 months split them widely, with KRYS ahead by 182.2 points (-40.1% versus +142.1%). Risk is not evenly split, since ADIL carries 4.0 times the volatility of the other side.
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.
ADIL vs KRYS: side by side
| ADIL (Adial Pharmaceuticals, Inc) | KRYS (Krystal Biotech, Inc.) | |
|---|---|---|
| 1-year return | -40.1% | +142.1% |
| 5-year return | -99.8% | +523.2% |
| Volatility (ann.) | 203.8% | 50.8% |
| Beta vs S&P 500 | 1.29 | 0.77 |
| Max drawdown (3Y) | -98.8% | -42.3% |
| Market cap | – | $10.6B |
| P/E (trailing) | – | 44.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADIL | KRYS |
|---|---|---|
| 2022 | -91.9% | +13.3% |
| 2023 | -66.2% | +56.6% |
| 2024 | -45.7% | +26.3% |
| 2025 | -78.2% | +57.4% |
| 2026 | +3.5% | +45.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADIL and KRYS good diversifiers for each other?
Only partially. A correlation of 0.53 means ADIL and KRYS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ADIL and KRYS?
The ADIL/KRYS correlation stands at 0.53 on a 3-year window (1 year: 0.15, 5 years: 0.33), computed from weekly returns as of 2026-08-27.
Is KRYS a good diversifier for ADIL?
Only partially. A correlation of 0.53 means ADIL and KRYS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.53 mean?
A reading of 0.53 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/adil-vs-krys.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adil-vs-krys/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ADIL correlations · KRYS correlations
