KEQU vs TIL: Correlation
Kewaunee Scientific Corporation (KEQU) and Instil Bio, Inc. (TIL) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KEQU and TIL?
On 3 years of weekly data the KEQU/TIL correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.26 versus -0.27 over 3 years. The 5-year figure is -0.25, and annualized covariance runs at -4942.5 %².
Out of 11 assets tracked against KEQU, TIL lands near the bottom at #11. Their recent paths diverged sharply: over the last 12 months KEQU outperformed by 39.9 percentage points (-32.0% for KEQU against -71.9% for TIL). Note the risk asymmetry: TIL runs 4.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 TIL: side by side
| KEQU (Kewaunee Scientific Corporation) | TIL (Instil Bio, Inc.) | |
|---|---|---|
| 1-year return | -32.0% | -71.9% |
| 5-year return | +186.6% | -97.9% |
| Volatility (ann.) | 61.0% | 296.1% |
| Beta vs S&P 500 | 0.69 | 3.91 |
| Max drawdown (3Y) | -55.4% | -92.1% |
| 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 | TIL |
|---|---|---|
| 2022 | +25.6% | -96.3% |
| 2023 | +82.3% | -39.5% |
| 2024 | +112.8% | +150.5% |
| 2025 | -39.5% | -42.4% |
| 2026 | +1.5% | -28.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KEQU and TIL good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between KEQU and TIL?
As of 2026-08-27, the correlation of weekly returns between KEQU and TIL is -0.27 over 3 years, 0.26 over 1 year and -0.25 over 5 years.
Is TIL a good diversifier for KEQU?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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/kequ-vs-til.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kequ-vs-til/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KEQU correlations · TIL correlations
