KPTI vs TOP: Correlation
How closely do Karyopharm Therapeutics Inc. (KPTI) and TOP Financial Group Limited - Class A (TOP) trade together? Their weekly returns over three years give a correlation of -0.33, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KPTI and TOP?
On 3 years of weekly data the KPTI/TOP correlation comes out at -0.33, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.61 versus -0.33 over 3 years. The 5-year figure is -0.12, and annualized covariance runs at -7349.9 %².
Among the 18 assets we track against KPTI, TOP ranks #13 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TOP ahead by 1293.1 points (-75.2% versus +1217.9%). Note the risk asymmetry: TOP runs 2.3 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.
KPTI vs TOP: side by side
| KPTI (Karyopharm Therapeutics Inc.) | TOP (TOP Financial Group Limited - Class A) | |
|---|---|---|
| 1-year return | -75.2% | +1217.9% |
| 5-year return | -97.6% | -9.2% |
| Volatility (ann.) | 98.0% | 230.2% |
| Beta vs S&P 500 | 1.63 | 1.60 |
| Max drawdown (3Y) | -92.7% | -89.6% |
| Market cap | – | $1.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KPTI | TOP |
|---|---|---|
| 2022 | -47.1% | – |
| 2023 | -74.6% | -22.5% |
| 2024 | -21.8% | -59.5% |
| 2025 | -27.4% | -34.3% |
| 2026 | -73.6% | +1434.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KPTI and TOP good diversifiers for each other?
Yes. With a correlation of -0.33, KPTI and TOP have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between KPTI and TOP?
As of 2026-08-27, the correlation of weekly returns between KPTI and TOP is -0.33 over 3 years, -0.61 over 1 year and -0.12 over 5 years.
Is TOP a good diversifier for KPTI?
Yes. With a correlation of -0.33, KPTI and TOP have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
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/kpti-vs-top.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kpti-vs-top/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KPTI correlations · TOP correlations
