KIM vs TCRT: Correlation
How closely do Kimco Realty (KIM) and Alaunos Therapeutics, Inc. (TCRT) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KIM and TCRT?
Over the past 3 years, KIM and TCRT moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.13 lands near the 3-year figure. Over 5 years the correlation is -0.05, and the annualized covariance of weekly returns is -507.8 %².
By 3-year correlation, TCRT places #37 of the 45 assets tracked against KIM. Correlation aside, the last 12 months split them widely, with KIM ahead by 23.6 points (+11.4% versus -12.2%). Note the risk asymmetry: TCRT runs 5.3 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.
KIM vs TCRT: side by side
| KIM (Kimco Realty) | TCRT (Alaunos Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +11.4% | -12.2% |
| 5-year return | +35.9% | -99.3% |
| Volatility (ann.) | 22.9% | 121.9% |
| Beta vs S&P 500 | 0.63 | -1.11 |
| Max drawdown (3Y) | -25.9% | -95.0% |
| Market cap | $16.0B | – |
| P/E (trailing) | 28.0 | – |
| Dividend yield | 4.29% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | KIM | TCRT |
|---|---|---|
| 2022 | -10.8% | -40.4% |
| 2023 | +6.1% | -89.2% |
| 2024 | +15.0% | -81.8% |
| 2025 | -9.3% | +69.1% |
| 2026 | +20.1% | -48.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KIM and TCRT good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between KIM and TCRT?
As of 2026-08-27, the correlation of weekly returns between KIM and TCRT is -0.18 over 3 years, -0.13 over 1 year and -0.05 over 5 years.
Is TCRT a good diversifier for KIM?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
A reading of -0.18 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/kim-vs-tcrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kim-vs-tcrt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KIM correlations · TCRT correlations
