INBS vs KRRO: Correlation
Measured on weekly returns over the past three years, Intelligent Bio Solutions Inc. (INBS) and Korro Bio, Inc. (KRRO) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INBS and KRRO?
On 3 years of weekly data the INBS/KRRO correlation comes out at 0.38, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.03 versus 0.38 over 3 years. The 5-year figure is 0.25, and annualized covariance runs at 11184.4 %².
In INBS's tracked universe of 10 assets, KRRO sits right near the top at #1. The last year tells two different stories: KRRO led by 47.1 percentage points, -85.7% for INBS against -38.6% for KRRO.
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.
INBS vs KRRO: side by side
| INBS (Intelligent Bio Solutions Inc.) | KRRO (Korro Bio, Inc.) | |
|---|---|---|
| 1-year return | -85.7% | -38.6% |
| 5-year return | -100.0% | -96.6% |
| Volatility (ann.) | 177.9% | 166.3% |
| Beta vs S&P 500 | 2.07 | 3.17 |
| Max drawdown (3Y) | -99.4% | -94.1% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INBS | KRRO |
|---|---|---|
| 2022 | -86.1% | -25.0% |
| 2023 | -91.5% | -75.1% |
| 2024 | -65.5% | -20.6% |
| 2025 | -31.9% | -79.0% |
| 2026 | -76.2% | +65.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INBS and KRRO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between INBS and KRRO?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.03 over the last year and 0.25 over 5 years.
Is KRRO a good diversifier for INBS?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
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/inbs-vs-krro.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/inbs-vs-krro/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: INBS correlations · KRRO correlations
