KRUS vs TECX: Correlation
Measured on weekly returns over the past three years, Kura Sushi USA, Inc. (KRUS) and Tectonic Therapeutic, Inc. (TECX) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KRUS and TECX?
On 3 years of weekly data the KRUS/TECX correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.02) runs above the 3-year figure (-0.22). The 5-year figure is -0.14, and annualized covariance runs at -9690.1 %².
Out of 13 assets tracked against KRUS, TECX lands near the bottom at #11. The last year tells two different stories: TECX led by 81.1 percentage points, -42.9% for KRUS against +38.2% for TECX. Note the risk asymmetry: TECX runs 9.1 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.
KRUS vs TECX: side by side
| KRUS (Kura Sushi USA, Inc.) | TECX (Tectonic Therapeutic, Inc.) | |
|---|---|---|
| 1-year return | -42.9% | +38.2% |
| 5-year return | -8.8% | -52.9% |
| Volatility (ann.) | 69.0% | 628.0% |
| Beta vs S&P 500 | 1.57 | 0.20 |
| Max drawdown (3Y) | -65.4% | -92.8% |
| Market cap | $0.6B | $0.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KRUS | TECX |
|---|---|---|
| 2022 | -41.0% | -81.6% |
| 2023 | +59.4% | +91.5% |
| 2024 | +19.2% | +182.9% |
| 2025 | -42.2% | -54.8% |
| 2026 | -11.6% | +75.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KRUS and TECX good diversifiers for each other?
Yes. With a correlation of -0.22, KRUS and TECX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between KRUS and TECX?
As of 2026-08-27, the correlation of weekly returns between KRUS and TECX is -0.22 over 3 years, 0.02 over 1 year and -0.14 over 5 years.
Is TECX a good diversifier for KRUS?
Yes. With a correlation of -0.22, KRUS and TECX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 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/krus-vs-tecx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/krus-vs-tecx/)
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Related comparisons
Hubs: KRUS correlations · TECX correlations
