CGEM vs KURA: Correlation
Cullinan Therapeutics, Inc. (CGEM) and Kura Oncology, Inc. (KURA) show a moderate 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 CGEM and KURA?
Across a 3-year window, the weekly returns of CGEM and KURA correlate at 0.42, moderate. The past 12 months show a weaker link (0.31) than the 3-year average (0.42). Stretching to 5 years gives 0.37, with an annualized covariance of 1817.0 %².
Among the 13 assets we track against CGEM, KURA ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CGEM ahead by 117.3 points (+185.0% versus +67.7%).
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.
CGEM vs KURA: side by side
| CGEM (Cullinan Therapeutics, Inc.) | KURA (Kura Oncology, Inc.) | |
|---|---|---|
| 1-year return | +185.0% | +67.7% |
| 5-year return | -23.5% | -30.6% |
| Volatility (ann.) | 72.4% | 59.8% |
| Beta vs S&P 500 | 1.20 | 1.61 |
| Max drawdown (3Y) | -80.4% | -76.5% |
| Market cap | $1.4B | $1.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CGEM | KURA |
|---|---|---|
| 2022 | -31.6% | -11.4% |
| 2023 | -3.4% | +15.9% |
| 2024 | +19.5% | -39.4% |
| 2025 | -15.0% | +19.3% |
| 2026 | +118.4% | +26.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CGEM and KURA good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CGEM and KURA?
The CGEM/KURA correlation stands at 0.42 on a 3-year window (1 year: 0.31, 5 years: 0.37), computed from weekly returns as of 2026-08-27.
Is KURA a good diversifier for CGEM?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
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: CGEM correlations · KURA correlations
