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INAB vs STTK: Correlation

IN8bio, Inc. (INAB) and Shattuck Labs, Inc. (STTK) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.40
moderate
Correlation (1Y)
0.07
last 12 months
Correlation (5Y)
0.30
long-run
Ann. covariance
6576.3
%² · weekly, annualized

How correlated are INAB and STTK?

Across a 3-year window, the weekly returns of INAB and STTK correlate at 0.40, moderate. The past 12 months show a weaker link (0.07) than the 3-year average (0.40). Stretching to 5 years gives 0.30, with an annualized covariance of 6576.3 %².

By 3-year correlation, STTK places #5 of the 12 assets tracked against INAB. Their recent paths diverged sharply: over the last 12 months STTK outperformed by 719.4 percentage points (-54.4% for INAB against +665.0% for STTK).

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.

INAB vs STTK: side by side

INAB (IN8bio, Inc.)STTK (Shattuck Labs, Inc.)
1-year return-54.4%+665.0%
5-year return-99.5%-63.7%
Volatility (ann.)113.3%145.0%
Beta vs S&P 5001.672.32
Max drawdown (3Y)-98.6%-93.5%
Market cap$0.8B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: STTK -93.5% vs -98.6%Higher 5y return: STTK -63.7% vs -99.5%
-55%0%+399%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. INAB · STTK

Year-by-year returns

YearINABSTTK
2022-47.4%-73.0%
2023-40.3%+210.0%
2024-81.4%-83.0%
2025-69.6%+201.7%
2026-55.6%+109.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are INAB and STTK good diversifiers for each other?

Reasonably. At 0.40, INAB and STTK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between INAB and STTK?

As of 2026-08-27, the correlation of weekly returns between INAB and STTK is 0.40 over 3 years, 0.07 over 1 year and 0.30 over 5 years.

Is STTK a good diversifier for INAB?

Reasonably. At 0.40, INAB and STTK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.40 mean?

On the −1 to +1 scale, 0.40 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

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INAB vs STTK: 3-year weekly correlation 0.40INAB vs STTK0.40

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Hubs: INAB correlations · STTK correlations