BOKF vs TCRT: Correlation
Measured on weekly returns over the past three years, BOK Financial Corporation (BOKF) and Alaunos Therapeutics, Inc. (TCRT) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BOKF and TCRT?
Across a 3-year window, the weekly returns of BOKF and TCRT correlate at -0.19, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.16 over 1 year against -0.19 over 3. Stretching to 5 years gives -0.10, with an annualized covariance of -588.5 %².
TCRT is close to the least connected end of BOKF's tracked universe, ranking #13 of 15. The last year tells two different stories: BOKF led by 37.7 percentage points, +25.5% for BOKF against -12.2% for TCRT. Note the risk asymmetry: TCRT runs 4.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BOKF vs TCRT: side by side
| BOKF (BOK Financial Corporation) | TCRT (Alaunos Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +25.5% | -12.2% |
| 5-year return | +78.9% | -99.3% |
| Volatility (ann.) | 25.9% | 121.9% |
| Beta vs S&P 500 | 0.86 | -1.11 |
| Max drawdown (3Y) | -26.2% | -95.0% |
| Market cap | $8.4B | – |
| P/E (trailing) | 13.0 | – |
| Dividend yield | 1.82% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BOKF | TCRT |
|---|---|---|
| 2022 | +1.2% | -40.4% |
| 2023 | -15.2% | -89.2% |
| 2024 | +27.2% | -81.8% |
| 2025 | +13.8% | +69.1% |
| 2026 | +18.4% | -48.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BOKF and TCRT good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BOKF and TCRT?
The BOKF/TCRT correlation stands at -0.19 on a 3-year window (1 year: -0.16, 5 years: -0.10), computed from weekly returns as of 2026-08-27.
Is TCRT a good diversifier for BOKF?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/bokf-vs-tcrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bokf-vs-tcrt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BOKF correlations · TCRT correlations
