KROS vs TCRX: Correlation
Measured on weekly returns over the past three years, Keros Therapeutics, Inc. (KROS) and TScan Therapeutics, Inc. (TCRX) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KROS and TCRX?
Over the past 3 years, KROS and TCRX moved with a correlation of 0.43, which is moderate. The link has loosened recently: the 1-year correlation (0.12) runs below the 3-year figure (0.43). Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 2487.2 %².
By 3-year correlation, TCRX places #4 of the 17 assets tracked against KROS. The last year tells two different stories: KROS led by 32.3 percentage points, -27.6% for KROS against -59.9% for TCRX.
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 TCRX: side by side
| KROS (Keros Therapeutics, Inc.) | TCRX (TScan Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -27.6% | -59.9% |
| 5-year return | -67.0% | -91.3% |
| Volatility (ann.) | 69.9% | 82.6% |
| Beta vs S&P 500 | 0.98 | 2.01 |
| Max drawdown (3Y) | -86.5% | -92.4% |
| Market cap | $0.2B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KROS | TCRX |
|---|---|---|
| 2022 | -17.9% | -65.6% |
| 2023 | -17.2% | +276.1% |
| 2024 | -60.2% | -47.9% |
| 2025 | +28.6% | -67.1% |
| 2026 | -44.8% | -25.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KROS and TCRX good diversifiers for each other?
Reasonably. At 0.43, KROS and TCRX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KROS and TCRX?
As of 2026-08-27, the correlation of weekly returns between KROS and TCRX is 0.43 over 3 years, 0.12 over 1 year and 0.29 over 5 years.
Is TCRX a good diversifier for KROS?
Reasonably. At 0.43, KROS and TCRX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 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/kros-vs-tcrx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kros-vs-tcrx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KROS correlations · TCRX correlations
