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CRBP vs IKT: Correlation

How closely do Corbus Pharmaceuticals Holdings, Inc. (CRBP) and Inhibikase Therapeutics, Inc. (IKT) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.44
moderate
Correlation (1Y)
0.24
last 12 months
Correlation (5Y)
0.33
long-run
Ann. covariance
8551.9
%² · weekly, annualized

How correlated are CRBP and IKT?

Across a 3-year window, the weekly returns of CRBP and IKT correlate at 0.44, moderate. The past 12 months show a weaker link (0.24) than the 3-year average (0.44). Stretching to 5 years gives 0.33, with an annualized covariance of 8551.9 %².

Among the 17 assets we track against CRBP, IKT ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with IKT ahead by 31.7 points (+6.3% versus +38.0%). One caveat on sizing: CRBP is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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.

CRBP vs IKT: side by side

CRBP (Corbus Pharmaceuticals Holdings, Inc.)IKT (Inhibikase Therapeutics, Inc.)
1-year return+6.3%+38.0%
5-year return-68.8%-81.3%
Volatility (ann.)207.1%94.9%
Beta vs S&P 5001.791.74
Max drawdown (3Y)-92.0%-65.4%
Market cap$0.2B$0.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: IKT -65.4% vs -92.0%Higher 5y return: CRBP -68.8% vs -81.3%
-25%0%+96%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. CRBP · IKT

Year-by-year returns

YearCRBPIKT
2022-82.0%-66.0%
2023+81.4%-57.7%
2024+95.4%+155.9%
2025-31.0%-36.9%
2026+36.7%+20.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CRBP and IKT good diversifiers for each other?

Reasonably. At 0.44, CRBP and IKT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between CRBP and IKT?

The CRBP/IKT correlation stands at 0.44 on a 3-year window (1 year: 0.24, 5 years: 0.33), computed from weekly returns as of 2026-08-27.

Is IKT a good diversifier for CRBP?

Reasonably. At 0.44, CRBP and IKT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.44 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.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/crbp-vs-ikt.json

CRBP vs IKT: 3-year weekly correlation 0.44CRBP vs IKT0.44

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Related comparisons

Hubs: CRBP correlations · IKT correlations