CCCC vs STTK: Correlation
How closely do C4 Therapeutics, Inc. (CCCC) and Shattuck Labs, Inc. (STTK) trade together? Their weekly returns over three years give a correlation of 0.69, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCCC and STTK?
Across a 3-year window, the weekly returns of CCCC and STTK correlate at 0.69, strong. The past 12 months show a weaker link (0.17) than the 3-year average (0.69). Stretching to 5 years gives 0.61, with an annualized covariance of 18427.5 %².
STTK is one of the assets that tracks CCCC most closely: it ranks #1 out of the 19 assets we track against CCCC. Correlation aside, the last 12 months split them widely, with STTK ahead by 606.1 points (+58.9% versus +665.0%).
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 STTK: side by side
| CCCC (C4 Therapeutics, Inc.) | STTK (Shattuck Labs, Inc.) | |
|---|---|---|
| 1-year return | +58.9% | +665.0% |
| 5-year return | -90.1% | -63.7% |
| Volatility (ann.) | 184.7% | 145.0% |
| Beta vs S&P 500 | 3.22 | 2.32 |
| Max drawdown (3Y) | -90.0% | -93.5% |
| Market cap | $0.5B | $0.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCCC | STTK |
|---|---|---|
| 2022 | -81.7% | -73.0% |
| 2023 | -4.2% | +210.0% |
| 2024 | -36.3% | -83.0% |
| 2025 | -46.9% | +201.7% |
| 2026 | +114.7% | +109.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCCC and STTK good diversifiers for each other?
Only partially. A correlation of 0.69 means CCCC and STTK share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CCCC and STTK?
The CCCC/STTK correlation stands at 0.69 on a 3-year window (1 year: 0.17, 5 years: 0.61), computed from weekly returns as of 2026-08-27.
Is STTK a good diversifier for CCCC?
Only partially. A correlation of 0.69 means CCCC and STTK share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.69 mean?
A reading of 0.69 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/cccc-vs-sttk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cccc-vs-sttk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CCCC correlations · STTK correlations
