CTOR vs INGN: Correlation
Citius Oncology, Inc. (CTOR) and Inogen, Inc (INGN) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTOR and INGN?
On 3 years of weekly data the CTOR/INGN correlation comes out at 0.38, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.05 versus 0.38 over 3 years. The 5-year figure is 0.35, and annualized covariance runs at 4485.3 %².
In CTOR's tracked universe of 21 assets, INGN sits right near the top at #2. The last year tells two different stories: INGN led by 31.7 percentage points, -62.2% for CTOR against -30.5% for INGN. Risk is not evenly split, since CTOR carries 2.8 times the volatility of the other side.
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.
CTOR vs INGN: side by side
| CTOR (Citius Oncology, Inc.) | INGN (Inogen, Inc) | |
|---|---|---|
| 1-year return | -62.2% | -30.5% |
| 5-year return | n/a | -90.7% |
| Volatility (ann.) | 182.3% | 64.0% |
| Beta vs S&P 500 | 1.25 | 1.24 |
| Max drawdown (3Y) | -98.8% | -57.6% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CTOR | INGN |
|---|---|---|
| 2022 | – | -42.0% |
| 2023 | +7.7% | -72.1% |
| 2024 | -89.5% | +67.0% |
| 2025 | -13.0% | -26.7% |
| 2026 | -21.0% | -18.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTOR and INGN good diversifiers for each other?
Reasonably. At 0.38, CTOR and INGN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CTOR and INGN?
As of 2026-08-27, the correlation of weekly returns between CTOR and INGN is 0.38 over 3 years, 0.05 over 1 year and 0.35 over 5 years.
Is INGN a good diversifier for CTOR?
Reasonably. At 0.38, CTOR and INGN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 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/ctor-vs-ingn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ctor-vs-ingn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CTOR correlations · INGN correlations
