DPU vs INKT: Correlation
Top KingWin Ltd - Class A (DPU) and MiNK Therapeutics, Inc. (INKT) show a negative relationship: their 3-year correlation of weekly returns is -0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DPU and INKT?
Across a 3-year window, the weekly returns of DPU and INKT correlate at -0.35, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.06) than the 3-year average (-0.35). Stretching to 5 years gives n/a, with an annualized covariance of -21866.2 %².
Among the 12 assets we track against DPU, INKT sits near the bottom by co-movement, at rank #12. The trailing year gives INKT the advantage: -36.6% versus -26.9%, a 9.7-point spread. Note the risk asymmetry: INKT runs 3.5 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.
DPU vs INKT: side by side
| DPU (Top KingWin Ltd - Class A) | INKT (MiNK Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -36.6% | -26.9% |
| 5-year return | n/a | -90.3% |
| Volatility (ann.) | 134.1% | 464.2% |
| Beta vs S&P 500 | 1.75 | 0.50 |
| Max drawdown (3Y) | -99.9% | -86.7% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DPU | INKT |
|---|---|---|
| 2022 | – | -41.5% |
| 2023 | – | -59.0% |
| 2024 | -80.6% | -34.9% |
| 2025 | -99.0% | +60.0% |
| 2026 | +4.2% | +4.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DPU and INKT good diversifiers for each other?
Yes: at -0.35, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DPU and INKT?
As of 2026-08-27, the correlation of weekly returns between DPU and INKT is -0.35 over 3 years, -0.06 over 1 year and n/a over 5 years.
Is INKT a good diversifier for DPU?
Yes: at -0.35, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.35 mean?
On the −1 to +1 scale, -0.35 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/dpu-vs-inkt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dpu-vs-inkt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DPU correlations · INKT correlations
