CYTK vs MLYS: Correlation
Cytokinetics, Incorporated (CYTK) and Mineralys Therapeutics, Inc. (MLYS) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CYTK and MLYS?
Across a 3-year window, the weekly returns of CYTK and MLYS correlate at 0.45, moderate. The past 12 months show a tighter link (0.80) than the 3-year average (0.45). Stretching to 5 years gives n/a, with an annualized covariance of 3177.3 %².
Among the 13 assets we track against CYTK, MLYS ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CYTK outperformed by 34.9 percentage points (+105.9% for CYTK against +71.0% for MLYS).
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.
CYTK vs MLYS: side by side
| CYTK (Cytokinetics, Incorporated) | MLYS (Mineralys Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +105.9% | +71.0% |
| 5-year return | +138.5% | n/a |
| Volatility (ann.) | 73.4% | 95.4% |
| Beta vs S&P 500 | 0.92 | 1.54 |
| Max drawdown (3Y) | -72.4% | -54.0% |
| Market cap | $10.8B | $2.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CYTK | MLYS |
|---|---|---|
| 2022 | +0.5% | – |
| 2023 | +82.2% | – |
| 2024 | -43.7% | +43.1% |
| 2025 | +35.1% | +194.8% |
| 2026 | +22.6% | -28.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CYTK and MLYS good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CYTK and MLYS?
As of 2026-08-27, the correlation of weekly returns between CYTK and MLYS is 0.45 over 3 years, 0.80 over 1 year and n/a over 5 years.
Is MLYS a good diversifier for CYTK?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 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
$ curl https://www.pairbook.io/api/v1/pairs/cytk-vs-mlys.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cytk-vs-mlys/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CYTK correlations · MLYS correlations
