HURA vs RBA: Correlation
Measured on weekly returns over the past three years, TuHURA Biosciences, Inc. (HURA) and RB Global, Inc. (RBA) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HURA and RBA?
Over the past 3 years, HURA and RBA moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.34 lands near the 3-year figure. Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -1090.7 %².
Out of 29 assets tracked against HURA, RBA lands near the bottom at #26. Neither side won the trailing year by much: -26.6% against -25.3%. Note the risk asymmetry: HURA runs 5.4 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 RBA: side by side
| HURA (TuHURA Biosciences, Inc.) | RBA (RB Global, Inc.) | |
|---|---|---|
| 1-year return | -26.6% | -25.3% |
| 5-year return | -99.9% | +48.6% |
| Volatility (ann.) | 152.6% | 28.2% |
| Beta vs S&P 500 | 0.27 | 0.69 |
| Max drawdown (3Y) | -99.7% | -30.9% |
| Market cap | $0.1B | $15.9B |
| P/E (trailing) | – | 36.9 |
| Dividend yield | 0.00% | 1.47% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HURA | RBA |
|---|---|---|
| 2022 | -73.0% | -3.9% |
| 2023 | -97.5% | +20.3% |
| 2024 | -31.3% | +36.8% |
| 2025 | -81.5% | +14.7% |
| 2026 | +181.4% | -15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HURA and RBA good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between HURA and RBA?
The HURA/RBA correlation stands at -0.25 on a 3-year window (1 year: -0.34, 5 years: -0.08), computed from weekly returns as of 2026-08-27.
Is RBA a good diversifier for HURA?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
A reading of -0.25 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-rba.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hura-vs-rba/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HURA correlations · RBA correlations
