ARCT vs EDIT: Correlation
Arcturus Therapeutics Holdings Inc. (ARCT) and Editas Medicine, Inc. (EDIT) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARCT and EDIT?
Across a 3-year window, the weekly returns of ARCT and EDIT correlate at 0.53, moderate. The relationship has been stable: the 1-year correlation (0.46) sits close to the 3-year figure. Stretching to 5 years gives 0.49, with an annualized covariance of 4138.6 %².
EDIT is one of the assets that tracks ARCT most closely: it ranks #2 out of the 14 assets we track against ARCT. Their recent paths diverged sharply: over the last 12 months EDIT outperformed by 30.1 percentage points (-6.5% for ARCT against +23.6% for EDIT).
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.
ARCT vs EDIT: side by side
| ARCT (Arcturus Therapeutics Holdings Inc.) | EDIT (Editas Medicine, Inc.) | |
|---|---|---|
| 1-year return | -6.5% | +23.6% |
| 5-year return | -69.9% | -94.7% |
| Volatility (ann.) | 90.6% | 86.8% |
| Beta vs S&P 500 | 2.39 | 2.56 |
| Max drawdown (3Y) | -87.5% | -91.2% |
| Market cap | $0.5B | $0.5B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARCT | EDIT |
|---|---|---|
| 2022 | -54.2% | -66.6% |
| 2023 | +85.9% | +14.2% |
| 2024 | -46.2% | -87.5% |
| 2025 | -63.9% | +61.4% |
| 2026 | +163.8% | +61.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARCT and EDIT good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ARCT and EDIT?
The ARCT/EDIT correlation stands at 0.53 on a 3-year window (1 year: 0.46, 5 years: 0.49), computed from weekly returns as of 2026-08-27.
Is EDIT a good diversifier for ARCT?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/arct-vs-edit.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/arct-vs-edit/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ARCT correlations · EDIT correlations
