ILLR vs QNCX: Correlation
Measured on weekly returns over the past three years, Triller Group Inc. (ILLR) and Quince Therapeutics, Inc. (QNCX) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ILLR and QNCX?
Over the past 3 years, ILLR and QNCX moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.34) runs below the 3-year figure (-0.24). Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -12551.6 %².
QNCX is close to the least connected end of ILLR's tracked universe, ranking #9 of 12. The trailing year gives ILLR the advantage: -79.6% versus -89.6%, a 10.0-point spread. One caveat on sizing: ILLR is 4.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ILLR vs QNCX: side by side
| ILLR (Triller Group Inc.) | QNCX (Quince Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -79.6% | -89.6% |
| 5-year return | -99.6% | -99.8% |
| Volatility (ann.) | 462.5% | 111.4% |
| Beta vs S&P 500 | 2.45 | 0.55 |
| Max drawdown (3Y) | -99.7% | -98.2% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ILLR | QNCX |
|---|---|---|
| 2022 | -86.0% | -95.0% |
| 2023 | -68.4% | +64.8% |
| 2024 | +137.0% | +78.1% |
| 2025 | -98.7% | +79.1% |
| 2026 | +207.5% | -95.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ILLR and QNCX good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between ILLR and QNCX?
The ILLR/QNCX correlation stands at -0.24 on a 3-year window (1 year: -0.34, 5 years: -0.15), computed from weekly returns as of 2026-08-27.
Is QNCX a good diversifier for ILLR?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 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/illr-vs-qncx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/illr-vs-qncx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ILLR correlations · QNCX correlations
