ALDX vs CRIS: Correlation
Measured on weekly returns over the past three years, Aldeyra Therapeutics, Inc. (ALDX) and Curis, Inc. (CRIS) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALDX and CRIS?
Across a 3-year window, the weekly returns of ALDX and CRIS correlate at 0.45, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.33 versus 0.45 over 3 years. Stretching to 5 years gives 0.37, with an annualized covariance of 5009.2 %².
Among the 13 assets we track against ALDX, CRIS ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ALDX ahead by 21.7 points (-73.7% versus -95.4%).
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.
ALDX vs CRIS: side by side
| ALDX (Aldeyra Therapeutics, Inc.) | CRIS (Curis, Inc.) | |
|---|---|---|
| 1-year return | -73.7% | -95.4% |
| 5-year return | -83.1% | -100.0% |
| Volatility (ann.) | 107.4% | 104.6% |
| Beta vs S&P 500 | 3.13 | 2.80 |
| Max drawdown (3Y) | -83.8% | -99.6% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 0.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ALDX | CRIS |
|---|---|---|
| 2022 | +74.0% | -88.4% |
| 2023 | -49.6% | +15.9% |
| 2024 | +42.2% | -76.0% |
| 2025 | +3.8% | -67.6% |
| 2026 | -70.3% | -92.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALDX and CRIS good diversifiers for each other?
Reasonably. At 0.45, ALDX and CRIS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ALDX and CRIS?
The ALDX/CRIS correlation stands at 0.45 on a 3-year window (1 year: 0.33, 5 years: 0.37), computed from weekly returns as of 2026-08-27.
Is CRIS a good diversifier for ALDX?
Reasonably. At 0.45, ALDX and CRIS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
A reading of 0.45 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/aldx-vs-cris.json
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Related comparisons
Hubs: ALDX correlations · CRIS correlations
