BOLT vs MRKR: Correlation
Bolt Biotherapeutics, Inc. (BOLT) and Marker Therapeutics, Inc. (MRKR) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BOLT and MRKR?
On 3 years of weekly data the BOLT/MRKR correlation comes out at 0.36, moderate. The relationship has been stable: the 1-year correlation (0.42) sits close to the 3-year figure. The 5-year figure is 0.20, and annualized covariance runs at 1849.3 %².
In BOLT's tracked universe of 12 assets, MRKR sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months MRKR outperformed by 80.5 percentage points (-25.2% for BOLT against +55.3% for MRKR). Risk is not evenly split, since MRKR carries 1.5 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.
BOLT vs MRKR: side by side
| BOLT (Bolt Biotherapeutics, Inc.) | MRKR (Marker Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -25.2% | +55.3% |
| 5-year return | -98.8% | -92.3% |
| Volatility (ann.) | 58.4% | 88.6% |
| Beta vs S&P 500 | 0.45 | 1.92 |
| Max drawdown (3Y) | -89.4% | -86.2% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BOLT | MRKR |
|---|---|---|
| 2022 | -73.5% | -71.6% |
| 2023 | -13.8% | +103.7% |
| 2024 | -52.2% | -43.5% |
| 2025 | -48.9% | -52.1% |
| 2026 | -26.8% | -2.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BOLT and MRKR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BOLT and MRKR?
As of 2026-08-27, the correlation of weekly returns between BOLT and MRKR is 0.36 over 3 years, 0.42 over 1 year and 0.20 over 5 years.
Is MRKR a good diversifier for BOLT?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bolt-vs-mrkr.json
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Related comparisons
Hubs: BOLT correlations · MRKR correlations
