CURV vs IMVT: Correlation
Measured on weekly returns over the past three years, Torrid Holdings Inc. (CURV) and Immunovant, Inc. (IMVT) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CURV and IMVT?
Across a 3-year window, the weekly returns of CURV and IMVT correlate at 0.38, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.11 versus 0.38 over 3 years. Stretching to 5 years gives 0.29, with an annualized covariance of 2460.5 %².
IMVT is one of the assets that tracks CURV most closely: it ranks #2 out of the 10 assets we track against CURV. Their recent paths diverged sharply: over the last 12 months IMVT outperformed by 187.3 percentage points (+1.4% for CURV against +188.7% for IMVT).
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.
CURV vs IMVT: side by side
| CURV (Torrid Holdings Inc.) | IMVT (Immunovant, Inc.) | |
|---|---|---|
| 1-year return | +1.4% | +188.7% |
| 5-year return | -90.6% | +424.8% |
| Volatility (ann.) | 90.9% | 71.0% |
| Beta vs S&P 500 | 0.43 | 0.89 |
| Max drawdown (3Y) | -89.2% | -69.9% |
| Market cap | $0.2B | $9.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CURV | IMVT |
|---|---|---|
| 2022 | -70.0% | +108.3% |
| 2023 | +94.9% | +137.4% |
| 2024 | -9.4% | -41.2% |
| 2025 | -81.3% | +2.6% |
| 2026 | +129.0% | +72.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CURV and IMVT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CURV and IMVT?
As of 2026-08-27, the correlation of weekly returns between CURV and IMVT is 0.38 over 3 years, -0.11 over 1 year and 0.29 over 5 years.
Is IMVT a good diversifier for CURV?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
A reading of 0.38 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: CURV correlations · IMVT correlations
