ADSK vs INKT: Correlation
Autodesk (ADSK) and MiNK Therapeutics, Inc. (INKT) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADSK and INKT?
On 3 years of weekly data the ADSK/INKT correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.11) than the 3-year average (-0.22). The 5-year figure is -0.13, and annualized covariance runs at -3138.3 %².
Within ADSK's tracked universe of 44 assets, INKT comes in at #39 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ADSK outperformed by 21.5 percentage points (-5.4% for ADSK against -26.9% for INKT). One caveat on sizing: INKT is 15.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ADSK vs INKT: side by side
| ADSK (Autodesk) | INKT (MiNK Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -5.4% | -26.9% |
| 5-year return | -13.7% | -90.3% |
| Volatility (ann.) | 30.9% | 464.2% |
| Beta vs S&P 500 | 1.04 | 0.50 |
| Max drawdown (3Y) | -42.6% | -86.7% |
| Market cap | $57.1B | $0.1B |
| P/E (trailing) | 37.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ADSK | INKT |
|---|---|---|
| 2022 | -33.5% | -41.5% |
| 2023 | +30.3% | -59.0% |
| 2024 | +21.4% | -34.9% |
| 2025 | +0.1% | +60.0% |
| 2026 | -8.6% | +4.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADSK and INKT good diversifiers for each other?
Yes. With a correlation of -0.22, ADSK and INKT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ADSK and INKT?
The ADSK/INKT correlation stands at -0.22 on a 3-year window (1 year: 0.11, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is INKT a good diversifier for ADSK?
Yes. With a correlation of -0.22, ADSK and INKT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/adsk-vs-inkt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adsk-vs-inkt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ADSK correlations · INKT correlations
