CNTX vs ZURA: Correlation
Context Therapeutics Inc. (CNTX) and Zura Bio Limited - Class A (ZURA) 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 CNTX and ZURA?
Over the past 3 years, CNTX and ZURA moved with a correlation of 0.34, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.16 versus 0.34 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 3510.2 %².
Few assets follow CNTX as closely as ZURA, which ranks #2 of 10 tracked partners. Their recent paths diverged sharply: over the last 12 months ZURA outperformed by 222.4 percentage points (-51.6% for CNTX against +170.8% for ZURA).
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.
CNTX vs ZURA: side by side
| CNTX (Context Therapeutics Inc.) | ZURA (Zura Bio Limited - Class A) | |
|---|---|---|
| 1-year return | -51.6% | +170.8% |
| 5-year return | -91.8% | n/a |
| Volatility (ann.) | 102.4% | 100.1% |
| Beta vs S&P 500 | 0.87 | 1.00 |
| Max drawdown (3Y) | -87.6% | -85.8% |
| Market cap | – | $0.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CNTX | ZURA |
|---|---|---|
| 2022 | -75.5% | – |
| 2023 | +73.3% | – |
| 2024 | -7.1% | -46.5% |
| 2025 | +40.0% | +109.6% |
| 2026 | -71.7% | +11.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNTX and ZURA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CNTX and ZURA?
Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.16 over the last year and n/a over 5 years.
Is ZURA a good diversifier for CNTX?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 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/cntx-vs-zura.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cntx-vs-zura/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CNTX correlations · ZURA correlations