CTOR vs MKDW: Correlation
Measured on weekly returns over the past three years, Citius Oncology, Inc. (CTOR) and MKDWELL Tech Inc. (MKDW) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTOR and MKDW?
Over the past 3 years, CTOR and MKDW moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.04 versus -0.28 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -6561.2 %².
Out of 21 assets tracked against CTOR, MKDW lands near the bottom at #17. Their recent paths diverged sharply: over the last 12 months MKDW outperformed by 145.3 percentage points (-62.2% for CTOR against +83.1% for MKDW).
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 MKDW: side by side
| CTOR (Citius Oncology, Inc.) | MKDW (MKDWELL Tech Inc.) | |
|---|---|---|
| 1-year return | -62.2% | +83.1% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 182.3% | 130.7% |
| Beta vs S&P 500 | 1.25 | 1.90 |
| Max drawdown (3Y) | -98.8% | -99.4% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CTOR | MKDW |
|---|---|---|
| 2023 | +7.7% | – |
| 2024 | -89.5% | -91.3% |
| 2025 | -13.0% | -82.6% |
| 2026 | -21.0% | +138.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTOR and MKDW good diversifiers for each other?
Yes. With a correlation of -0.28, CTOR and MKDW have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CTOR and MKDW?
The CTOR/MKDW correlation stands at -0.28 on a 3-year window (1 year: -0.04, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is MKDW a good diversifier for CTOR?
Yes. With a correlation of -0.28, CTOR and MKDW have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.28 mean?
A reading of -0.28 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-mkdw.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ctor-vs-mkdw/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CTOR correlations · MKDW correlations
