KRMD vs MIRM: Correlation
How closely do KORU Medical Systems, Inc. (KRMD) and Mirum Pharmaceuticals, Inc. (MIRM) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KRMD and MIRM?
On 3 years of weekly data the KRMD/MIRM correlation comes out at 0.39, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.29 versus 0.39 over 3 years. The 5-year figure is 0.23, and annualized covariance runs at 814.8 %².
Few assets follow KRMD as closely as MIRM, which ranks #3 of 10 tracked partners. Correlation aside, the last 12 months split them widely, with MIRM ahead by 58.3 points (-24.7% versus +33.6%).
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.
KRMD vs MIRM: side by side
| KRMD (KORU Medical Systems, Inc.) | MIRM (Mirum Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | -24.7% | +33.6% |
| 5-year return | -0.3% | +522.7% |
| Volatility (ann.) | 48.9% | 43.0% |
| Beta vs S&P 500 | 0.80 | 0.73 |
| Max drawdown (3Y) | -58.0% | -32.5% |
| Market cap | $0.1B | $6.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KRMD | MIRM |
|---|---|---|
| 2022 | +19.0% | +22.3% |
| 2023 | -31.2% | +51.4% |
| 2024 | +56.8% | +40.1% |
| 2025 | +50.9% | +91.0% |
| 2026 | -44.9% | +26.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KRMD and MIRM good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between KRMD and MIRM?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.29 over the last year and 0.23 over 5 years.
Is MIRM a good diversifier for KRMD?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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/krmd-vs-mirm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/krmd-vs-mirm/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KRMD correlations · MIRM correlations
