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
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 500 | 1.79 | 1.74 |
| Max drawdown (3Y) | -92.0% | -65.4% |
| Market cap | $0.2B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRBP | IKT |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/crbp-vs-ikt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crbp-vs-ikt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRBP correlations · IKT correlations