INKT vs SRFM: Correlation
Measured on weekly returns over the past three years, MiNK Therapeutics, Inc. (INKT) and Surf Air Mobility Inc. (SRFM) carry a correlation of 0.48, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INKT and SRFM?
Across a 3-year window, the weekly returns of INKT and SRFM correlate at 0.48, moderate. The relationship has been stable: the 1-year correlation (0.40) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 33447.9 %².
Within INKT's tracked universe of 27 assets, SRFM comes in at #9 by 3-year correlation. The last year tells two different stories: INKT led by 57.0 percentage points, -26.9% for INKT against -83.9% for SRFM. Risk is not evenly split, since INKT carries 3.1 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 SRFM: side by side
| INKT (MiNK Therapeutics, Inc.) | SRFM (Surf Air Mobility Inc.) | |
|---|---|---|
| 1-year return | -26.9% | -83.9% |
| 5-year return | -90.3% | n/a |
| Volatility (ann.) | 464.2% | 150.4% |
| Beta vs S&P 500 | 0.50 | 3.45 |
| Max drawdown (3Y) | -86.7% | -96.2% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INKT | SRFM |
|---|---|---|
| 2022 | -41.5% | – |
| 2023 | -59.0% | – |
| 2024 | -34.9% | -50.3% |
| 2025 | +60.0% | -64.0% |
| 2026 | +4.8% | -62.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INKT and SRFM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between INKT and SRFM?
As of 2026-08-27, the correlation of weekly returns between INKT and SRFM is 0.48 over 3 years, 0.40 over 1 year and n/a over 5 years.
Is SRFM a good diversifier for INKT?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/inkt-vs-srfm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/inkt-vs-srfm/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: INKT correlations · SRFM correlations
