IPSC vs MRKR: Correlation
How closely do Century Therapeutics, Inc. (IPSC) and Marker Therapeutics, Inc. (MRKR) 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 IPSC and MRKR?
On 3 years of weekly data the IPSC/MRKR correlation comes out at 0.44, moderate. Recent behaviour matches the longer record: 0.39 over 1 year against 0.44 over 3. The 5-year figure is 0.31, and annualized covariance runs at 4358.7 %².
Within IPSC's tracked universe of 15 assets, MRKR comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months IPSC outperformed by 277.7 percentage points (+333.0% for IPSC against +55.3% for MRKR).
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.
IPSC vs MRKR: side by side
| IPSC (Century Therapeutics, Inc.) | MRKR (Marker Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +333.0% | +55.3% |
| 5-year return | -90.7% | -92.3% |
| Volatility (ann.) | 111.4% | 88.6% |
| Beta vs S&P 500 | 2.01 | 1.92 |
| Max drawdown (3Y) | -92.7% | -86.2% |
| Market cap | $0.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IPSC | MRKR |
|---|---|---|
| 2022 | -67.7% | -71.6% |
| 2023 | -35.3% | +103.7% |
| 2024 | -69.6% | -43.5% |
| 2025 | -1.5% | -52.1% |
| 2026 | +124.1% | -2.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IPSC and MRKR good diversifiers for each other?
Reasonably. At 0.44, IPSC and MRKR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between IPSC and MRKR?
The IPSC/MRKR correlation stands at 0.44 on a 3-year window (1 year: 0.39, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is MRKR a good diversifier for IPSC?
Reasonably. At 0.44, IPSC and MRKR keep a meaningful degree of independence, and combining them has historically reduced portfolio 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/ipsc-vs-mrkr.json
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[](https://www.pairbook.io/pair/ipsc-vs-mrkr/)
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Related comparisons
Hubs: IPSC correlations · MRKR correlations
