EFSC vs TCRT: Correlation
Measured on weekly returns over the past three years, Enterprise Financial Services Corporation (EFSC) and Alaunos Therapeutics, Inc. (TCRT) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EFSC and TCRT?
Over the past 3 years, EFSC and TCRT moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.19 over 1 year against -0.22 over 3. Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -732.5 %².
Out of 23 assets tracked against EFSC, TCRT lands near the bottom at #21. The last year tells two different stories: EFSC led by 17.5 percentage points, +5.3% for EFSC against -12.2% for TCRT. Risk is not evenly split, since TCRT carries 4.5 times the volatility of the other side.
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.
EFSC vs TCRT: side by side
| EFSC (Enterprise Financial Services Corporation) | TCRT (Alaunos Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +5.3% | -12.2% |
| 5-year return | +59.0% | -99.3% |
| Volatility (ann.) | 26.9% | 121.9% |
| Beta vs S&P 500 | 0.66 | -1.11 |
| Max drawdown (3Y) | -25.0% | -95.0% |
| Market cap | $2.3B | – |
| P/E (trailing) | 12.6 | – |
| Dividend yield | 2.05% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EFSC | TCRT |
|---|---|---|
| 2022 | +6.0% | -40.4% |
| 2023 | -6.6% | -89.2% |
| 2024 | +29.3% | -81.8% |
| 2025 | -2.1% | +69.1% |
| 2026 | +18.9% | -48.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EFSC and TCRT good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EFSC and TCRT?
As of 2026-08-27, the correlation of weekly returns between EFSC and TCRT is -0.22 over 3 years, -0.19 over 1 year and -0.15 over 5 years.
Is TCRT a good diversifier for EFSC?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
A reading of -0.22 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/efsc-vs-tcrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/efsc-vs-tcrt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EFSC correlations · TCRT correlations
