KLRS vs LTRX: Correlation
Measured on weekly returns over the past three years, Kalaris Therapeutics, Inc. (KLRS) and Lantronix, Inc. (LTRX) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KLRS and LTRX?
On 3 years of weekly data the KLRS/LTRX correlation comes out at 0.33, moderate. The relationship has been stable: the 1-year correlation (0.27) sits close to the 3-year figure. The 5-year figure is 0.28, and annualized covariance runs at 2236.3 %².
Among the 15 assets we track against KLRS, LTRX ranks #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months LTRX outperformed by 29.4 percentage points (+33.1% for KLRS against +62.5% for LTRX).
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.
KLRS vs LTRX: side by side
| KLRS (Kalaris Therapeutics, Inc.) | LTRX (Lantronix, Inc.) | |
|---|---|---|
| 1-year return | +33.1% | +62.5% |
| 5-year return | -99.1% | +0.0% |
| Volatility (ann.) | 98.7% | 68.2% |
| Beta vs S&P 500 | 1.33 | 1.12 |
| Max drawdown (3Y) | -97.0% | -71.7% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KLRS | LTRX |
|---|---|---|
| 2022 | -60.4% | -44.8% |
| 2023 | -86.7% | +35.6% |
| 2024 | -38.2% | -29.7% |
| 2025 | -12.6% | +42.2% |
| 2026 | -51.4% | +2.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KLRS and LTRX good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between KLRS and LTRX?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.27 over the last year and 0.28 over 5 years.
Is LTRX a good diversifier for KLRS?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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/klrs-vs-ltrx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/klrs-vs-ltrx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KLRS correlations · LTRX correlations
