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INBX vs VICR: Correlation

How closely do Inhibrx Biosciences, Inc. (INBX) and Vicor Corporation (VICR) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.

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

Correlation (3Y)
0.39
moderate
Correlation (1Y)
0.53
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
2341.8
%² · weekly, annualized

How correlated are INBX and VICR?

Over the past 3 years, INBX and VICR moved with a correlation of 0.39, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.53 versus 0.39 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 2341.8 %².

Within INBX's tracked universe of 16 assets, VICR comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with INBX ahead by 55.5 points (+352.3% versus +296.8%).

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 VICR: side by side

INBX (Inhibrx Biosciences, Inc.)VICR (Vicor Corporation)
1-year return+352.3%+296.8%
5-year returnn/a+65.8%
Volatility (ann.)80.6%71.1%
Beta vs S&P 5001.342.00
Max drawdown (3Y)-44.1%-53.9%
Market cap$1.8B$9.4B
P/E (trailing)65.3
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: INBX -44.1% vs -53.9%
-6%0%+546%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. INBX · VICR

Year-by-year returns

YearINBXVICR
2022-57.7%
2023-16.4%
2024+7.5%
2025+413.0%+126.8%
2026+56.9%+85.8%

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

Are INBX and VICR good diversifiers for each other?

Reasonably. At 0.39, INBX and VICR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between INBX and VICR?

The INBX/VICR correlation stands at 0.39 on a 3-year window (1 year: 0.53, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is VICR a good diversifier for INBX?

Reasonably. At 0.39, INBX and VICR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.39 mean?

On the −1 to +1 scale, 0.39 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.

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INBX vs VICR: 3-year weekly correlation 0.39INBX vs VICR0.39

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Hubs: INBX correlations · VICR correlations