CHRN vs CYTK: Correlation
ChronoScale Holdings Corporation (CHRN) and Cytokinetics, Incorporated (CYTK) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHRN and CYTK?
Over the past 3 years, CHRN and CYTK moved with a correlation of 0.38, which is moderate. The past 12 months show a weaker link (0.12) than the 3-year average (0.38). Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 2787.3 %².
Few assets follow CHRN as closely as CYTK, which ranks #1 of 11 tracked partners. Correlation aside, the last 12 months split them widely, with CHRN ahead by 339.8 points (+445.7% versus +105.9%).
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.
CHRN vs CYTK: side by side
| CHRN (ChronoScale Holdings Corporation) | CYTK (Cytokinetics, Incorporated) | |
|---|---|---|
| 1-year return | +445.7% | +105.9% |
| 5-year return | -70.2% | +138.5% |
| Volatility (ann.) | 99.6% | 73.4% |
| Beta vs S&P 500 | 1.58 | 0.92 |
| Max drawdown (3Y) | -93.9% | -72.4% |
| Market cap | $3.0B | $10.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CHRN | CYTK |
|---|---|---|
| 2022 | -55.1% | +0.5% |
| 2023 | +110.1% | +82.2% |
| 2024 | -75.6% | -43.7% |
| 2025 | -5.6% | +35.1% |
| 2026 | +140.0% | +22.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHRN and CYTK good diversifiers for each other?
Reasonably. At 0.38, CHRN and CYTK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CHRN and CYTK?
The CHRN/CYTK correlation stands at 0.38 on a 3-year window (1 year: 0.12, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is CYTK a good diversifier for CHRN?
Reasonably. At 0.38, CHRN and CYTK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/chrn-vs-cytk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/chrn-vs-cytk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CHRN correlations · CYTK correlations
