INKT vs METCB: Correlation
How closely do MiNK Therapeutics, Inc. (INKT) and Ramaco Resources, Inc. (METCB) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INKT and METCB?
Across a 3-year window, the weekly returns of INKT and METCB correlate at 0.44, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.20 versus 0.44 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 12007.4 %².
Within INKT's tracked universe of 27 assets, METCB comes in at #10 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months INKT outperformed by 26.1 percentage points (-26.9% for INKT against -53.0% for METCB). Risk is not evenly split, since INKT carries 7.8 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.
INKT vs METCB: side by side
| INKT (MiNK Therapeutics, Inc.) | METCB (Ramaco Resources, Inc.) | |
|---|---|---|
| 1-year return | -26.9% | -53.0% |
| 5-year return | -90.3% | n/a |
| Volatility (ann.) | 464.2% | 59.3% |
| Beta vs S&P 500 | 0.50 | 0.57 |
| Max drawdown (3Y) | -86.7% | -71.4% |
| Market cap | $0.1B | $0.5B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INKT | METCB |
|---|---|---|
| 2022 | -41.5% | – |
| 2023 | -59.0% | – |
| 2024 | -34.9% | -17.4% |
| 2025 | +60.0% | +25.9% |
| 2026 | +4.8% | -34.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INKT and METCB good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between INKT and METCB?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.20 over the last year and n/a over 5 years.
Is METCB a good diversifier for INKT?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
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/inkt-vs-metcb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/inkt-vs-metcb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: INKT correlations · METCB correlations
