ALLO vs IMUX: Correlation
Measured on weekly returns over the past three years, Allogene Therapeutics, Inc. (ALLO) and Immunic, Inc. (IMUX) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALLO and IMUX?
Across a 3-year window, the weekly returns of ALLO and IMUX correlate at 0.41, moderate. The relationship has been stable: the 1-year correlation (0.33) sits close to the 3-year figure. Stretching to 5 years gives 0.26, with an annualized covariance of 2579.4 %².
Among the 21 assets we track against ALLO, IMUX ranks #15 by 3-year correlation. Over the last 12 months IMUX came out ahead by 10.4 percentage points (+80.2% against +90.6%).
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.
ALLO vs IMUX: side by side
| ALLO (Allogene Therapeutics, Inc.) | IMUX (Immunic, Inc.) | |
|---|---|---|
| 1-year return | +80.2% | +90.6% |
| 5-year return | -91.3% | -83.6% |
| Volatility (ann.) | 83.3% | 76.2% |
| Beta vs S&P 500 | 1.96 | 1.04 |
| Max drawdown (3Y) | -83.1% | -73.8% |
| Market cap | $0.7B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ALLO | IMUX |
|---|---|---|
| 2022 | -57.8% | -85.4% |
| 2023 | -49.0% | +7.1% |
| 2024 | -33.6% | -33.3% |
| 2025 | -35.7% | -46.6% |
| 2026 | +52.6% | +205.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALLO and IMUX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ALLO and IMUX?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.33 over the last year and 0.26 over 5 years.
Is IMUX a good diversifier for ALLO?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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/allo-vs-imux.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/allo-vs-imux/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ALLO correlations · IMUX correlations
