HURA vs KD: Correlation
Measured on weekly returns over the past three years, TuHURA Biosciences, Inc. (HURA) and Kyndryl Holdings, Inc. (KD) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HURA and KD?
Across a 3-year window, the weekly returns of HURA and KD correlate at -0.26, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.47 versus -0.26 over 3 years. Stretching to 5 years gives -0.17, with an annualized covariance of -2145.4 %².
KD is close to the least connected end of HURA's tracked universe, ranking #27 of 29. The last year tells two different stories: HURA led by 31.4 percentage points, -26.6% for HURA against -58.0% for KD. Note the risk asymmetry: HURA runs 2.9 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.
HURA vs KD: side by side
| HURA (TuHURA Biosciences, Inc.) | KD (Kyndryl Holdings, Inc.) | |
|---|---|---|
| 1-year return | -26.6% | -58.0% |
| 5-year return | -99.9% | -67.5% |
| Volatility (ann.) | 152.6% | 53.4% |
| Beta vs S&P 500 | 0.27 | 1.59 |
| Max drawdown (3Y) | -99.7% | -75.6% |
| Market cap | $0.1B | $2.9B |
| P/E (trailing) | – | 34.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HURA | KD |
|---|---|---|
| 2022 | -73.0% | -38.6% |
| 2023 | -97.5% | +86.9% |
| 2024 | -31.3% | +66.5% |
| 2025 | -81.5% | -23.2% |
| 2026 | +181.4% | -50.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HURA and KD good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between HURA and KD?
As of 2026-08-27, the correlation of weekly returns between HURA and KD is -0.26 over 3 years, -0.47 over 1 year and -0.17 over 5 years.
Is KD a good diversifier for HURA?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/hura-vs-kd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hura-vs-kd/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HURA correlations · KD correlations
