HOMB vs TCRT: Correlation
How closely do Home BancShares, Inc. (HOMB) and Alaunos Therapeutics, Inc. (TCRT) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HOMB and TCRT?
On 3 years of weekly data the HOMB/TCRT correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.24 over 1 year against -0.27 over 3. The 5-year figure is -0.16, and annualized covariance runs at -825.7 %².
Out of 18 assets tracked against HOMB, TCRT lands near the bottom at #16. The trailing year gives HOMB the advantage: +1.8% versus -12.2%, a 14.0-point spread. Note the risk asymmetry: TCRT runs 4.9 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.
HOMB vs TCRT: side by side
| HOMB (Home BancShares, Inc.) | TCRT (Alaunos Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +1.8% | -12.2% |
| 5-year return | +56.7% | -99.3% |
| Volatility (ann.) | 24.7% | 121.9% |
| Beta vs S&P 500 | 0.65 | -1.11 |
| Max drawdown (3Y) | -21.4% | -95.0% |
| Market cap | $5.9B | – |
| P/E (trailing) | 12.3 | – |
| Dividend yield | 2.78% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HOMB | TCRT |
|---|---|---|
| 2022 | -3.7% | -40.4% |
| 2023 | +14.8% | -89.2% |
| 2024 | +15.0% | -81.8% |
| 2025 | +0.9% | +69.1% |
| 2026 | +9.2% | -48.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HOMB and TCRT good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between HOMB and TCRT?
As of 2026-08-27, the correlation of weekly returns between HOMB and TCRT is -0.27 over 3 years, -0.24 over 1 year and -0.16 over 5 years.
Is TCRT a good diversifier for HOMB?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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/homb-vs-tcrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/homb-vs-tcrt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HOMB correlations · TCRT correlations
