INDV vs SRRK: Correlation
Indivior Pharmaceuticals, Inc. (INDV) and Scholar Rock Holding Corporation (SRRK) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INDV and SRRK?
Across a 3-year window, the weekly returns of INDV and SRRK correlate at -0.24, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.02 versus -0.24 over 3 years. Stretching to 5 years gives -0.03, with an annualized covariance of -2201.2 %².
SRRK is close to the least connected end of INDV's tracked universe, ranking #9 of 11. Correlation aside, the last 12 months split them widely, with SRRK ahead by 27.0 points (+44.9% versus +71.9%). Risk is not evenly split, since SRRK carries 3.0 times the volatility of the other side.
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.
INDV vs SRRK: side by side
| INDV (Indivior Pharmaceuticals, Inc.) | SRRK (Scholar Rock Holding Corporation) | |
|---|---|---|
| 1-year return | +44.9% | +71.9% |
| 5-year return | +166.9% | +54.0% |
| Volatility (ann.) | 55.2% | 164.2% |
| Beta vs S&P 500 | 0.47 | 1.48 |
| Max drawdown (3Y) | -67.7% | -65.2% |
| Market cap | $4.2B | $7.2B |
| P/E (trailing) | 12.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INDV | SRRK |
|---|---|---|
| 2022 | +26.1% | -63.6% |
| 2023 | -29.8% | +107.7% |
| 2024 | -18.6% | +129.9% |
| 2025 | +188.7% | +1.9% |
| 2026 | -1.6% | +34.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INDV and SRRK good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between INDV and SRRK?
The INDV/SRRK correlation stands at -0.24 on a 3-year window (1 year: 0.02, 5 years: -0.03), computed from weekly returns as of 2026-08-27.
Is SRRK a good diversifier for INDV?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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/indv-vs-srrk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/indv-vs-srrk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: INDV correlations · SRRK correlations
