KEQU vs SERA: Correlation
Kewaunee Scientific Corporation (KEQU) and Sera Prognostics, Inc. (SERA) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KEQU and SERA?
Over the past 3 years, KEQU and SERA moved with a correlation of 0.44, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.05 versus 0.44 over 3 years. Over 5 years the correlation is 0.28, and the annualized covariance of weekly returns is 3347.8 %².
SERA is one of the assets that tracks KEQU most closely: it ranks #2 out of the 11 assets we track against KEQU. Twelve-month performance is nearly a tie, at -32.0% for KEQU and -28.5% for SERA. One caveat on sizing: SERA is 2.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
KEQU vs SERA: side by side
| KEQU (Kewaunee Scientific Corporation) | SERA (Sera Prognostics, Inc.) | |
|---|---|---|
| 1-year return | -32.0% | -28.5% |
| 5-year return | +186.6% | -79.2% |
| Volatility (ann.) | 61.0% | 125.6% |
| Beta vs S&P 500 | 0.69 | 1.29 |
| Max drawdown (3Y) | -55.4% | -87.3% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | 11.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KEQU | SERA |
|---|---|---|
| 2022 | +25.6% | -81.7% |
| 2023 | +82.3% | +374.6% |
| 2024 | +112.8% | +36.1% |
| 2025 | -39.5% | -63.8% |
| 2026 | +1.5% | -31.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KEQU and SERA 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 KEQU and SERA?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.05 over the last year and 0.28 over 5 years.
Is SERA a good diversifier for KEQU?
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?
A reading of 0.44 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/kequ-vs-sera.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kequ-vs-sera/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KEQU correlations · SERA correlations
