CTOR vs MITK: Correlation
Measured on weekly returns over the past three years, Citius Oncology, Inc. (CTOR) and Mitek Systems, Inc. (MITK) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTOR and MITK?
Over the past 3 years, CTOR and MITK moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.33) than the 3-year average (-0.25). Over 5 years the correlation is -0.23, and the annualized covariance of weekly returns is -2292.6 %².
By 3-year correlation, MITK places #11 of the 21 assets tracked against CTOR. Correlation aside, the last 12 months split them widely, with MITK ahead by 148.9 points (-62.2% versus +86.7%). Note the risk asymmetry: CTOR runs 3.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 MITK: side by side
| CTOR (Citius Oncology, Inc.) | MITK (Mitek Systems, Inc.) | |
|---|---|---|
| 1-year return | -62.2% | +86.7% |
| 5-year return | n/a | -15.0% |
| Volatility (ann.) | 182.3% | 51.1% |
| Beta vs S&P 500 | 1.25 | 1.14 |
| Max drawdown (3Y) | -98.8% | -52.1% |
| Market cap | $0.1B | $0.9B |
| P/E (trailing) | – | 40.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CTOR | MITK |
|---|---|---|
| 2022 | – | -45.4% |
| 2023 | +7.7% | +34.6% |
| 2024 | -89.5% | -14.6% |
| 2025 | -13.0% | -5.2% |
| 2026 | -21.0% | +82.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTOR and MITK good diversifiers for each other?
Yes. With a correlation of -0.25, CTOR and MITK have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CTOR and MITK?
The CTOR/MITK correlation stands at -0.25 on a 3-year window (1 year: 0.33, 5 years: -0.23), computed from weekly returns as of 2026-08-27.
Is MITK a good diversifier for CTOR?
Yes. With a correlation of -0.25, CTOR and MITK have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
A reading of -0.25 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/ctor-vs-mitk.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ctor-vs-mitk/)
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Related comparisons
Hubs: CTOR correlations · MITK correlations
