IFRX vs TSHA: Correlation
InflaRx N.V. (IFRX) and Taysha Gene Therapies, Inc. (TSHA) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IFRX and TSHA?
Over the past 3 years, IFRX and TSHA moved with a correlation of 0.38, which is moderate. The link has tightened recently: the 1-year correlation (0.55) runs above the 3-year figure (0.38). Over 5 years the correlation is 0.08, and the annualized covariance of weekly returns is 3966.7 %².
Within IFRX's tracked universe of 11 assets, TSHA comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with IFRX ahead by 26.3 points (+127.0% versus +100.7%).
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 TSHA: side by side
| IFRX (InflaRx N.V.) | TSHA (Taysha Gene Therapies, Inc.) | |
|---|---|---|
| 1-year return | +127.0% | +100.7% |
| 5-year return | -9.2% | -69.5% |
| Volatility (ann.) | 102.6% | 101.5% |
| Beta vs S&P 500 | 1.54 | 2.63 |
| Max drawdown (3Y) | -82.4% | -72.9% |
| Market cap | $0.3B | $1.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IFRX | TSHA |
|---|---|---|
| 2022 | -34.9% | -80.6% |
| 2023 | -47.4% | -21.7% |
| 2024 | +51.5% | -2.3% |
| 2025 | -59.1% | +217.9% |
| 2026 | +124.8% | +8.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IFRX and TSHA good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between IFRX and TSHA?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.55 over the last year and 0.08 over 5 years.
Is TSHA a good diversifier for IFRX?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 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/ifrx-vs-tsha.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ifrx-vs-tsha/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IFRX correlations · TSHA correlations
