AUB vs TCRT: Correlation
How closely do Atlantic Union Bankshares Corporation (AUB) and Alaunos Therapeutics, Inc. (TCRT) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUB and TCRT?
Over the past 3 years, AUB and TCRT moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.15 lands near the 3-year figure. Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -956.6 %².
TCRT is close to the least connected end of AUB's tracked universe, ranking #48 of 50. Correlation aside, the last 12 months split them widely, with AUB ahead by 31.2 points (+19.0% versus -12.2%). Risk is not evenly split, since TCRT carries 3.9 times the volatility of the other side.
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.
AUB vs TCRT: side by side
| AUB (Atlantic Union Bankshares Corporation) | TCRT (Alaunos Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +19.0% | -12.2% |
| 5-year return | +33.7% | -99.3% |
| Volatility (ann.) | 31.5% | 121.9% |
| Beta vs S&P 500 | 1.07 | -1.11 |
| Max drawdown (3Y) | -44.7% | -95.0% |
| Market cap | $5.8B | – |
| P/E (trailing) | 11.9 | – |
| Dividend yield | 3.56% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUB | TCRT |
|---|---|---|
| 2022 | -2.6% | -40.4% |
| 2023 | +8.1% | -89.2% |
| 2024 | +7.5% | -81.8% |
| 2025 | -2.7% | +69.1% |
| 2026 | +18.9% | -48.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUB and TCRT good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AUB and TCRT?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.15 over the last year and -0.15 over 5 years.
Is TCRT a good diversifier for AUB?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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/aub-vs-tcrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aub-vs-tcrt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AUB correlations · TCRT correlations
