ANY vs KLRS: Correlation
Sphere 3D Corp. (ANY) and Kalaris Therapeutics, Inc. (KLRS) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANY and KLRS?
Across a 3-year window, the weekly returns of ANY and KLRS correlate at -0.21, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.17 over 1 year against -0.21 over 3. Stretching to 5 years gives -0.08, with an annualized covariance of -2930.4 %².
Out of 11 assets tracked against ANY, KLRS lands near the bottom at #11. Correlation aside, the last 12 months split them widely, with KLRS ahead by 89.4 points (-56.3% versus +33.1%).
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.
ANY vs KLRS: side by side
| ANY (Sphere 3D Corp.) | KLRS (Kalaris Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -56.3% | +33.1% |
| 5-year return | -99.4% | -99.1% |
| Volatility (ann.) | 139.7% | 98.7% |
| Beta vs S&P 500 | 0.88 | 1.33 |
| Max drawdown (3Y) | -97.3% | -97.0% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANY | KLRS |
|---|---|---|
| 2022 | -91.2% | -60.4% |
| 2023 | +71.8% | -86.7% |
| 2024 | -71.6% | -38.2% |
| 2025 | -68.4% | -12.6% |
| 2026 | -14.1% | -51.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANY and KLRS good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ANY and KLRS?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.17 over the last year and -0.08 over 5 years.
Is KLRS a good diversifier for ANY?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/any-vs-klrs.json
Markdown for the live badge, attribution link included:
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Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ANY correlations · KLRS correlations
