GYRE vs VIK: Correlation
Measured on weekly returns over the past three years, Gyre Therapeutics, Inc. (GYRE) and Viking Holdings Ltd (VIK) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GYRE and VIK?
On 3 years of weekly data the GYRE/VIK correlation comes out at 0.34, moderate. The link has loosened recently: the 1-year correlation (0.14) runs below the 3-year figure (0.34). The 5-year figure is n/a, and annualized covariance runs at 731.1 %².
By 3-year correlation, VIK places #5 of the 11 assets tracked against GYRE. The last year tells two different stories: VIK led by 60.3 percentage points, -17.6% for GYRE against +42.7% for VIK. Risk is not evenly split, since GYRE carries 2.8 times the volatility of the other side.
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.
GYRE vs VIK: side by side
| GYRE (Gyre Therapeutics, Inc.) | VIK (Viking Holdings Ltd) | |
|---|---|---|
| 1-year return | -17.6% | +42.7% |
| 5-year return | -38.8% | n/a |
| Volatility (ann.) | 93.7% | 33.6% |
| Beta vs S&P 500 | 1.58 | 1.31 |
| Max drawdown (3Y) | -81.3% | -35.4% |
| Market cap | $0.7B | $40.1B |
| P/E (trailing) | – | 30.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GYRE | VIK |
|---|---|---|
| 2022 | +121.5% | – |
| 2023 | +422.0% | – |
| 2024 | -52.9% | – |
| 2025 | -41.7% | +62.1% |
| 2026 | -5.4% | +25.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GYRE and VIK good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GYRE and VIK?
As of 2026-08-27, the correlation of weekly returns between GYRE and VIK is 0.34 over 3 years, 0.14 over 1 year and n/a over 5 years.
Is VIK a good diversifier for GYRE?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gyre-vs-vik.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gyre-vs-vik/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GYRE correlations · VIK correlations
