BWA vs HURA: Correlation
BorgWarner Inc. (BWA) and TuHURA Biosciences, Inc. (HURA) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BWA and HURA?
On 3 years of weekly data the BWA/HURA correlation comes out at 0.34, moderate. Recent behaviour matches the longer record: 0.43 over 1 year against 0.34 over 3. The 5-year figure is 0.24, and annualized covariance runs at 1529.6 %².
By 3-year correlation, HURA places #6 of the 16 assets tracked against BWA. The last year tells two different stories: BWA led by 77.5 percentage points, +50.9% for BWA against -26.6% for HURA. Risk is not evenly split, since HURA carries 5.2 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.
BWA vs HURA: side by side
| BWA (BorgWarner Inc.) | HURA (TuHURA Biosciences, Inc.) | |
|---|---|---|
| 1-year return | +50.9% | -26.6% |
| 5-year return | +84.0% | -99.9% |
| Volatility (ann.) | 29.6% | 152.6% |
| Beta vs S&P 500 | 0.54 | 0.27 |
| Max drawdown (3Y) | -38.7% | -99.7% |
| Market cap | $13.2B | $0.1B |
| P/E (trailing) | 31.9 | – |
| Dividend yield | 1.05% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BWA | HURA |
|---|---|---|
| 2022 | -9.2% | -73.0% |
| 2023 | +2.5% | -97.5% |
| 2024 | -10.2% | -31.3% |
| 2025 | +43.9% | -81.5% |
| 2026 | +44.6% | +181.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BWA and HURA good diversifiers for each other?
Reasonably. At 0.34, BWA and HURA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BWA and HURA?
As of 2026-08-27, the correlation of weekly returns between BWA and HURA is 0.34 over 3 years, 0.43 over 1 year and 0.24 over 5 years.
Is HURA a good diversifier for BWA?
Reasonably. At 0.34, BWA and HURA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.34 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/bwa-vs-hura.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bwa-vs-hura/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BWA correlations · HURA correlations
