FLNA vs KULR: Correlation
How closely do Filana Therapeutics, Inc. (FLNA) and KULR Technology Group, Inc. (KULR) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FLNA and KULR?
On 3 years of weekly data the FLNA/KULR correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.33) runs above the 3-year figure (-0.21). The 5-year figure is -0.11, and annualized covariance runs at -4193.9 %².
By 3-year correlation, KULR places #9 of the 16 assets tracked against FLNA. Correlation aside, the last 12 months split them widely, with KULR ahead by 16.1 points (-60.0% versus -43.9%).
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.
FLNA vs KULR: side by side
| FLNA (Filana Therapeutics, Inc.) | KULR (KULR Technology Group, Inc.) | |
|---|---|---|
| 1-year return | -60.0% | -43.9% |
| 5-year return | -98.3% | -84.4% |
| Volatility (ann.) | 115.4% | 172.8% |
| Beta vs S&P 500 | 0.88 | 1.92 |
| Max drawdown (3Y) | -97.5% | -94.7% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FLNA | KULR |
|---|---|---|
| 2022 | -32.4% | -56.5% |
| 2023 | -23.8% | -84.2% |
| 2024 | -89.5% | +1768.4% |
| 2025 | -16.1% | -89.6% |
| 2026 | -53.4% | -10.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FLNA and KULR good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FLNA and KULR?
The FLNA/KULR correlation stands at -0.21 on a 3-year window (1 year: 0.33, 5 years: -0.11), computed from weekly returns as of 2026-08-27.
Is KULR a good diversifier for FLNA?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 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/flna-vs-kulr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/flna-vs-kulr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FLNA correlations · KULR correlations
