KROS vs MODD: Correlation
How closely do Keros Therapeutics, Inc. (KROS) and Modular Medical, Inc. (MODD) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KROS and MODD?
Across a 3-year window, the weekly returns of KROS and MODD correlate at 0.34, moderate. The past 12 months show a tighter link (0.47) than the 3-year average (0.34). Stretching to 5 years gives 0.21, with an annualized covariance of 1959.0 %².
Among the 17 assets we track against KROS, MODD ranks #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with KROS ahead by 56.2 points (-27.6% versus -83.8%).
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.
KROS vs MODD: side by side
| KROS (Keros Therapeutics, Inc.) | MODD (Modular Medical, Inc.) | |
|---|---|---|
| 1-year return | -27.6% | -83.8% |
| 5-year return | -67.0% | -96.8% |
| Volatility (ann.) | 69.9% | 81.8% |
| Beta vs S&P 500 | 0.98 | 1.03 |
| Max drawdown (3Y) | -86.5% | -97.4% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KROS | MODD |
|---|---|---|
| 2022 | -17.9% | – |
| 2023 | -17.2% | -9.0% |
| 2024 | -60.2% | -24.7% |
| 2025 | +28.6% | -73.4% |
| 2026 | -44.8% | -66.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KROS and MODD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between KROS and MODD?
The KROS/MODD correlation stands at 0.34 on a 3-year window (1 year: 0.47, 5 years: 0.21), computed from weekly returns as of 2026-08-27.
Is MODD a good diversifier for KROS?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/kros-vs-modd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kros-vs-modd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KROS correlations · MODD correlations
