HURA vs LPA: Correlation
Measured on weekly returns over the past three years, TuHURA Biosciences, Inc. (HURA) and Logistic Properties of the Americas (LPA) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HURA and LPA?
On 3 years of weekly data the HURA/LPA correlation comes out at 0.36, moderate. The past 12 months show a weaker link (0.06) than the 3-year average (0.36). The 5-year figure is n/a, and annualized covariance runs at 29995.9 %².
In HURA's tracked universe of 29 assets, LPA sits right near the top at #2. The last year tells two different stories: HURA led by 25.7 percentage points, -26.6% for HURA against -52.3% for LPA. Note the risk asymmetry: LPA runs 3.5 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 LPA: side by side
| HURA (TuHURA Biosciences, Inc.) | LPA (Logistic Properties of the Americas) | |
|---|---|---|
| 1-year return | -26.6% | -52.3% |
| 5-year return | -99.9% | n/a |
| Volatility (ann.) | 152.6% | 540.6% |
| Beta vs S&P 500 | 0.27 | -0.73 |
| Max drawdown (3Y) | -99.7% | -99.1% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | 5.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HURA | LPA |
|---|---|---|
| 2022 | -73.0% | – |
| 2023 | -97.5% | – |
| 2024 | -31.3% | – |
| 2025 | -81.5% | -74.5% |
| 2026 | +181.4% | +12.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HURA and LPA good diversifiers for each other?
Reasonably. At 0.36, HURA and LPA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between HURA and LPA?
As of 2026-08-27, the correlation of weekly returns between HURA and LPA is 0.36 over 3 years, 0.06 over 1 year and n/a over 5 years.
Is LPA a good diversifier for HURA?
Reasonably. At 0.36, HURA and LPA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/hura-vs-lpa.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hura-vs-lpa/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HURA correlations · LPA correlations
