CRIS vs ORKA: Correlation
How closely do Curis, Inc. (CRIS) and Oruka Therapeutics, Inc. (ORKA) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRIS and ORKA?
Across a 3-year window, the weekly returns of CRIS and ORKA correlate at 0.34, moderate. The past 12 months show a weaker link (-0.12) than the 3-year average (0.34). Stretching to 5 years gives 0.27, with an annualized covariance of 2842.5 %².
By 3-year correlation, ORKA places #9 of the 15 assets tracked against CRIS. Their recent paths diverged sharply: over the last 12 months ORKA outperformed by 631.4 percentage points (-95.4% for CRIS against +536.0% for ORKA).
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.
CRIS vs ORKA: side by side
| CRIS (Curis, Inc.) | ORKA (Oruka Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -95.4% | +536.0% |
| 5-year return | -100.0% | +390.4% |
| Volatility (ann.) | 104.6% | 80.7% |
| Beta vs S&P 500 | 2.80 | 0.66 |
| Max drawdown (3Y) | -99.6% | -77.8% |
| Market cap | – | $6.4B |
| P/E (trailing) | 0.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRIS | ORKA |
|---|---|---|
| 2022 | -88.4% | +10.2% |
| 2023 | +15.9% | -28.3% |
| 2024 | -76.0% | +76.7% |
| 2025 | -67.6% | +56.3% |
| 2026 | -92.4% | +218.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRIS and ORKA good diversifiers for each other?
Reasonably. At 0.34, CRIS and ORKA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CRIS and ORKA?
Using weekly returns as of 2026-08-27: 0.34 over 3 years, with -0.12 over the last year and 0.27 over 5 years.
Is ORKA a good diversifier for CRIS?
Reasonably. At 0.34, CRIS and ORKA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.34 mean?
A reading of 0.34 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cris-vs-orka.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cris-vs-orka/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CRIS correlations · ORKA correlations
