GCTS vs KPRX: Correlation
Measured on weekly returns over the past three years, GCT Semiconductor Holding, Inc. (GCTS) and Kiora Pharmaceuticals, Inc. (KPRX) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GCTS and KPRX?
Over the past 3 years, GCTS and KPRX moved with a correlation of 0.33, which is moderate. The link has loosened recently: the 1-year correlation (0.20) runs below the 3-year figure (0.33). Over 5 years the correlation is 0.17, and the annualized covariance of weekly returns is 3318.1 %².
Within GCTS's tracked universe of 13 assets, KPRX comes in at #8 by 3-year correlation. Correlation aside, the last 12 months split them widely, with GCTS ahead by 53.9 points (+46.9% versus -7.0%). Note the risk asymmetry: GCTS runs 2.7 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.
GCTS vs KPRX: side by side
| GCTS (GCT Semiconductor Holding, Inc.) | KPRX (Kiora Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +46.9% | -7.0% |
| 5-year return | -80.5% | -99.6% |
| Volatility (ann.) | 165.0% | 60.9% |
| Beta vs S&P 500 | 2.00 | 1.09 |
| Max drawdown (3Y) | -97.7% | -76.5% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GCTS | KPRX |
|---|---|---|
| 2022 | +2.9% | -94.3% |
| 2023 | +3.6% | -84.8% |
| 2024 | -77.9% | -29.8% |
| 2025 | -48.5% | -40.3% |
| 2026 | +59.2% | +35.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GCTS and KPRX good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GCTS and KPRX?
As of 2026-08-27, the correlation of weekly returns between GCTS and KPRX is 0.33 over 3 years, 0.20 over 1 year and 0.17 over 5 years.
Is KPRX a good diversifier for GCTS?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 mean?
A reading of 0.33 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: GCTS correlations · KPRX correlations
