CCCC vs OKUR: Correlation
C4 Therapeutics, Inc. (CCCC) and OnKure Therapeutics, Inc. (OKUR) show a negative relationship: their 3-year correlation of weekly returns is -0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCCC and OKUR?
Across a 3-year window, the weekly returns of CCCC and OKUR correlate at -0.42, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.16) than the 3-year average (-0.42). Stretching to 5 years gives -0.27, with an annualized covariance of -6348.2 %².
Among the 19 assets we track against CCCC, OKUR sits near the bottom by co-movement, at rank #19. Correlation aside, the last 12 months split them widely, with CCCC ahead by 22.1 points (+58.9% versus +36.8%). Risk is not evenly split, since CCCC carries 2.3 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.
CCCC vs OKUR: side by side
| CCCC (C4 Therapeutics, Inc.) | OKUR (OnKure Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +58.9% | +36.8% |
| 5-year return | -90.1% | -96.0% |
| Volatility (ann.) | 184.7% | 81.5% |
| Beta vs S&P 500 | 3.22 | 0.59 |
| Max drawdown (3Y) | -90.0% | -97.8% |
| Market cap | $0.5B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCCC | OKUR |
|---|---|---|
| 2022 | -81.7% | -72.7% |
| 2023 | -4.2% | -31.3% |
| 2024 | -36.3% | -46.2% |
| 2025 | -46.9% | -66.3% |
| 2026 | +114.7% | +32.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCCC and OKUR good diversifiers for each other?
Yes. With a correlation of -0.42, CCCC and OKUR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CCCC and OKUR?
As of 2026-08-27, the correlation of weekly returns between CCCC and OKUR is -0.42 over 3 years, 0.16 over 1 year and -0.27 over 5 years.
Is OKUR a good diversifier for CCCC?
Yes. With a correlation of -0.42, CCCC and OKUR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.42 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.
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Related comparisons
Hubs: CCCC correlations · OKUR correlations
