FRST vs HURA: Correlation
Measured on weekly returns over the past three years, Primis Financial Corp. (FRST) and TuHURA Biosciences, Inc. (HURA) 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 FRST and HURA?
Over the past 3 years, FRST and HURA moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.19 lands near the 3-year figure. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -1096.5 %².
Out of 11 assets tracked against FRST, HURA lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with FRST ahead by 72.8 points (+46.2% versus -26.6%). Note the risk asymmetry: HURA runs 4.6 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.
FRST vs HURA: side by side
| FRST (Primis Financial Corp.) | HURA (TuHURA Biosciences, Inc.) | |
|---|---|---|
| 1-year return | +46.2% | -26.6% |
| 5-year return | +26.9% | -99.9% |
| Volatility (ann.) | 33.3% | 152.6% |
| Beta vs S&P 500 | 0.88 | 0.27 |
| Max drawdown (3Y) | -39.3% | -99.7% |
| Market cap | $0.4B | $0.1B |
| P/E (trailing) | 7.4 | – |
| Dividend yield | 2.48% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FRST | HURA |
|---|---|---|
| 2022 | -18.8% | -73.0% |
| 2023 | +11.5% | -97.5% |
| 2024 | -4.7% | -31.3% |
| 2025 | +23.9% | -81.5% |
| 2026 | +16.9% | +181.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FRST and HURA good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between FRST and HURA?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.19 over the last year and -0.14 over 5 years.
Is HURA a good diversifier for FRST?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
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/frst-vs-hura.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/frst-vs-hura/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FRST correlations · HURA correlations
