EPAC vs TCRT: Correlation
Measured on weekly returns over the past three years, Enerpac Tool Group Corp. (EPAC) and Alaunos Therapeutics, Inc. (TCRT) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EPAC and TCRT?
Across a 3-year window, the weekly returns of EPAC and TCRT correlate at -0.27, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.21 lands near the 3-year figure. Stretching to 5 years gives -0.13, with an annualized covariance of -939.6 %².
Out of 10 assets tracked against EPAC, TCRT lands near the bottom at #8. Neither side won the trailing year by much: -12.3% against -12.2%. One caveat on sizing: TCRT is 4.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
EPAC vs TCRT: side by side
| EPAC (Enerpac Tool Group Corp.) | TCRT (Alaunos Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -12.3% | -12.2% |
| 5-year return | +50.0% | -99.3% |
| Volatility (ann.) | 28.6% | 121.9% |
| Beta vs S&P 500 | 0.80 | -1.11 |
| Max drawdown (3Y) | -36.1% | -95.0% |
| Market cap | $1.9B | – |
| P/E (trailing) | 21.4 | – |
| Dividend yield | 0.11% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EPAC | TCRT |
|---|---|---|
| 2022 | +25.7% | -40.4% |
| 2023 | +22.3% | -89.2% |
| 2024 | +32.3% | -81.8% |
| 2025 | -6.8% | +69.1% |
| 2026 | -1.9% | -48.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EPAC and TCRT good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between EPAC and TCRT?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.21 over the last year and -0.13 over 5 years.
Is TCRT a good diversifier for EPAC?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 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/epac-vs-tcrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/epac-vs-tcrt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EPAC correlations · TCRT correlations
