CRL vs HURA: Correlation
Charles River Laboratories (CRL) and TuHURA Biosciences, Inc. (HURA) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRL and HURA?
Over the past 3 years, CRL and HURA moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.25 over 1 year against -0.19 over 3. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -1390.2 %².
Within CRL's tracked universe of 33 assets, HURA comes in at #28 by 3-year correlation. The last year tells two different stories: CRL led by 108.7 percentage points, +82.1% for CRL against -26.6% for HURA. One caveat on sizing: HURA is 3.2 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.
CRL vs HURA: side by side
| CRL (Charles River Laboratories) | HURA (TuHURA Biosciences, Inc.) | |
|---|---|---|
| 1-year return | +82.1% | -26.6% |
| 5-year return | -33.3% | -99.9% |
| Volatility (ann.) | 47.9% | 152.6% |
| Beta vs S&P 500 | 0.92 | 0.27 |
| Max drawdown (3Y) | -63.5% | -99.7% |
| Market cap | $14.3B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | CRL | HURA |
|---|---|---|
| 2022 | -42.2% | -73.0% |
| 2023 | +8.5% | -97.5% |
| 2024 | -21.9% | -31.3% |
| 2025 | +8.1% | -81.5% |
| 2026 | +48.6% | +181.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRL and HURA good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CRL and HURA?
The CRL/HURA correlation stands at -0.19 on a 3-year window (1 year: -0.25, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is HURA a good diversifier for CRL?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 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/crl-vs-hura.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crl-vs-hura/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CRL correlations · HURA correlations
