IFRX vs S: Correlation
How closely do InflaRx N.V. (IFRX) and SentinelOne, Inc. (S) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IFRX and S?
On 3 years of weekly data the IFRX/S correlation comes out at 0.39, moderate. The past 12 months show a tighter link (0.55) than the 3-year average (0.39). The 5-year figure is 0.18, and annualized covariance runs at 1948.3 %².
S is one of the assets that tracks IFRX most closely: it ranks #2 out of the 11 assets we track against IFRX. The last year tells two different stories: IFRX led by 94.6 percentage points, +127.0% for IFRX against +32.4% for S. Note the risk asymmetry: IFRX runs 2.1 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.
IFRX vs S: side by side
| IFRX (InflaRx N.V.) | S (SentinelOne, Inc.) | |
|---|---|---|
| 1-year return | +127.0% | +32.4% |
| 5-year return | -9.2% | -65.2% |
| Volatility (ann.) | 102.6% | 48.4% |
| Beta vs S&P 500 | 1.54 | 1.43 |
| Max drawdown (3Y) | -82.4% | -60.2% |
| Market cap | $0.3B | $7.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IFRX | S |
|---|---|---|
| 2022 | -34.9% | -71.1% |
| 2023 | -47.4% | +88.1% |
| 2024 | +51.5% | -19.1% |
| 2025 | -59.1% | -32.4% |
| 2026 | +124.8% | +51.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IFRX and S good diversifiers for each other?
Reasonably. At 0.39, IFRX and S keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between IFRX and S?
As of 2026-08-27, the correlation of weekly returns between IFRX and S is 0.39 over 3 years, 0.55 over 1 year and 0.18 over 5 years.
Is S a good diversifier for IFRX?
Reasonably. At 0.39, IFRX and S keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
A reading of 0.39 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/ifrx-vs-s.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ifrx-vs-s/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IFRX correlations · S correlations
