INBX vs ITGR: Correlation
Measured on weekly returns over the past three years, Inhibrx Biosciences, Inc. (INBX) and Integer Holdings Corporation (ITGR) carry a correlation of -0.36, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INBX and ITGR?
On 3 years of weekly data the INBX/ITGR correlation comes out at -0.36, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.51) than the 3-year average (-0.36). The 5-year figure is n/a, and annualized covariance runs at -1013.8 %².
Out of 16 assets tracked against INBX, ITGR lands near the bottom at #16. Their recent paths diverged sharply: over the last 12 months INBX outperformed by 336.4 percentage points (+352.3% for INBX against +15.9% for ITGR). Note the risk asymmetry: INBX runs 2.4 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.
INBX vs ITGR: side by side
| INBX (Inhibrx Biosciences, Inc.) | ITGR (Integer Holdings Corporation) | |
|---|---|---|
| 1-year return | +352.3% | +15.9% |
| 5-year return | n/a | +28.7% |
| Volatility (ann.) | 80.6% | 33.7% |
| Beta vs S&P 500 | 1.34 | 0.56 |
| Max drawdown (3Y) | -44.1% | -56.1% |
| Market cap | $1.8B | $4.3B |
| P/E (trailing) | – | 34.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INBX | ITGR |
|---|---|---|
| 2022 | – | -20.0% |
| 2023 | – | +44.7% |
| 2024 | – | +33.8% |
| 2025 | +413.0% | -40.8% |
| 2026 | +56.9% | +59.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INBX and ITGR good diversifiers for each other?
Yes: at -0.36, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between INBX and ITGR?
The INBX/ITGR correlation stands at -0.36 on a 3-year window (1 year: -0.51, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is ITGR a good diversifier for INBX?
Yes: at -0.36, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.36 mean?
A reading of -0.36 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/inbx-vs-itgr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/inbx-vs-itgr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: INBX correlations · ITGR correlations
