INCY vs TMP: Correlation
Measured on weekly returns over the past three years, Incyte (INCY) and Tompkins Financial Corporation (TMP) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INCY and TMP?
Across a 3-year window, the weekly returns of INCY and TMP correlate at 0.44, moderate. Recent behaviour matches the longer record: 0.40 over 1 year against 0.44 over 3. Stretching to 5 years gives 0.40, with an annualized covariance of 462.0 %².
Within INCY's tracked universe of 35 assets, TMP comes in at #13 by 3-year correlation. On 12-month performance INCY holds a 8.8-point edge, +50.6% against +41.8%.
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.
INCY vs TMP: side by side
| INCY (Incyte) | TMP (Tompkins Financial Corporation) | |
|---|---|---|
| 1-year return | +50.6% | +41.8% |
| 5-year return | +68.0% | +49.6% |
| Volatility (ann.) | 33.1% | 31.6% |
| Beta vs S&P 500 | 0.45 | 0.72 |
| Max drawdown (3Y) | -33.8% | -30.9% |
| Market cap | $25.9B | $1.4B |
| P/E (trailing) | 16.3 | 8.0 |
| Dividend yield | 0.00% | 2.68% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | INCY | TMP |
|---|---|---|
| 2022 | +9.4% | -4.4% |
| 2023 | -21.8% | -19.2% |
| 2024 | +10.0% | +17.8% |
| 2025 | +43.0% | +11.1% |
| 2026 | +29.3% | +37.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INCY and TMP good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between INCY and TMP?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.40 over the last year and 0.40 over 5 years.
Is TMP a good diversifier for INCY?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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
$ curl https://www.pairbook.io/api/v1/pairs/incy-vs-tmp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/incy-vs-tmp/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: INCY correlations · TMP correlations
