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CTNM vs DSGN: Correlation

Measured on weekly returns over the past three years, Contineum Therapeutics, Inc. (CTNM) and Design Therapeutics, Inc. (DSGN) carry a correlation of 0.35, a moderate link.

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

Correlation (3Y)
0.35
moderate
Correlation (1Y)
0.18
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
1853.1
%² · weekly, annualized

How correlated are CTNM and DSGN?

Across a 3-year window, the weekly returns of CTNM and DSGN correlate at 0.35, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.18 versus 0.35 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 1853.1 %².

By 3-year correlation, DSGN places #5 of the 14 assets tracked against CTNM. Their recent paths diverged sharply: over the last 12 months DSGN outperformed by 116.0 percentage points (+72.3% for CTNM against +188.3% for DSGN).

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.

CTNM vs DSGN: side by side

CTNM (Contineum Therapeutics, Inc.)DSGN (Design Therapeutics, Inc.)
1-year return+72.3%+188.3%
5-year returnn/a+0.7%
Volatility (ann.)72.4%72.7%
Beta vs S&P 5000.551.35
Max drawdown (3Y)-84.4%-62.8%
Market cap$0.6B$1.0B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: DSGN -62.8% vs -84.4%
-19%0%+142%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. CTNM · DSGN

Year-by-year returns

YearCTNMDSGN
2022-52.1%
2023-74.2%
2024+132.8%
2025-22.0%+52.0%
2026+50.9%+62.6%

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

Are CTNM and DSGN good diversifiers for each other?

A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between CTNM and DSGN?

The CTNM/DSGN correlation stands at 0.35 on a 3-year window (1 year: 0.18, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is DSGN a good diversifier for CTNM?

A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.35 mean?

On the −1 to +1 scale, 0.35 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

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$ curl https://www.pairbook.io/api/v1/pairs/ctnm-vs-dsgn.json

CTNM vs DSGN: 3-year weekly correlation 0.35CTNM vs DSGN0.35

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Related comparisons

Hubs: CTNM correlations · DSGN correlations