GANX vs KURA: Correlation
Measured on weekly returns over the past three years, Gain Therapeutics, Inc. (GANX) and Kura Oncology, Inc. (KURA) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GANX and KURA?
Across a 3-year window, the weekly returns of GANX and KURA correlate at 0.35, moderate. The link has tightened recently: the 1-year correlation (0.47) runs above the 3-year figure (0.35). Stretching to 5 years gives 0.30, with an annualized covariance of 2070.6 %².
Within GANX's tracked universe of 10 assets, KURA comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KURA outperformed by 68.2 percentage points (-0.5% for GANX against +67.7% for KURA). One caveat on sizing: GANX is 1.6 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.
GANX vs KURA: side by side
| GANX (Gain Therapeutics, Inc.) | KURA (Kura Oncology, Inc.) | |
|---|---|---|
| 1-year return | -0.5% | +67.7% |
| 5-year return | -76.4% | -30.6% |
| Volatility (ann.) | 98.1% | 59.8% |
| Beta vs S&P 500 | 1.61 | 1.61 |
| Max drawdown (3Y) | -81.4% | -76.5% |
| Market cap | $0.1B | $1.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GANX | KURA |
|---|---|---|
| 2022 | -42.4% | -11.4% |
| 2023 | +4.3% | +15.9% |
| 2024 | -33.8% | -39.4% |
| 2025 | +49.1% | +19.3% |
| 2026 | -42.5% | +26.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GANX and KURA good diversifiers for each other?
Reasonably. At 0.35, GANX and KURA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GANX and KURA?
As of 2026-08-27, the correlation of weekly returns between GANX and KURA is 0.35 over 3 years, 0.47 over 1 year and 0.30 over 5 years.
Is KURA a good diversifier for GANX?
Reasonably. At 0.35, GANX and KURA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 mean?
A reading of 0.35 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: GANX correlations · KURA correlations
