DDS vs KYNB: Correlation
Measured on weekly returns over the past three years, Dillard's, Inc. (DDS) and Kyntra Bio, Inc. (KYNB) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DDS and KYNB?
Over the past 3 years, DDS and KYNB moved with a correlation of 0.39, which is moderate. The relationship has been stable: the 1-year correlation (0.41) sits close to the 3-year figure. Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 1982.0 %².
By 3-year correlation, KYNB places #6 of the 11 assets tracked against DDS. The last year tells two different stories: DDS led by 43.9 percentage points, +20.2% for DDS against -23.7% for KYNB. Note the risk asymmetry: KYNB runs 3.0 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.
DDS vs KYNB: side by side
| DDS (Dillard's, Inc.) | KYNB (Kyntra Bio, Inc.) | |
|---|---|---|
| 1-year return | +20.2% | -23.7% |
| 5-year return | +310.3% | -97.2% |
| Volatility (ann.) | 41.0% | 123.9% |
| Beta vs S&P 500 | 1.06 | 1.81 |
| Max drawdown (3Y) | -42.0% | -92.4% |
| Market cap | – | – |
| P/E (trailing) | 14.5 | – |
| Dividend yield | 0.09% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DDS | KYNB |
|---|---|---|
| 2022 | +38.7% | +13.6% |
| 2023 | +32.1% | -94.5% |
| 2024 | +13.5% | -40.2% |
| 2025 | +46.8% | -33.7% |
| 2026 | +4.1% | -8.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DDS and KYNB good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DDS and KYNB?
The DDS/KYNB correlation stands at 0.39 on a 3-year window (1 year: 0.41, 5 years: 0.27), computed from weekly returns as of 2026-08-27.
Is KYNB a good diversifier for DDS?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 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/dds-vs-kynb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dds-vs-kynb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DDS correlations · KYNB correlations
