KRYS vs NVCT: Correlation
How closely do Krystal Biotech, Inc. (KRYS) and Nuvectis Pharma, Inc. (NVCT) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KRYS and NVCT?
Across a 3-year window, the weekly returns of KRYS and NVCT correlate at 0.44, moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. Stretching to 5 years gives 0.28, with an annualized covariance of 2356.5 %².
By 3-year correlation, NVCT places #8 of the 18 assets tracked against KRYS. Correlation aside, the last 12 months split them widely, with NVCT ahead by 136.7 points (+142.1% versus +278.8%). Note the risk asymmetry: NVCT runs 2.1 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.
KRYS vs NVCT: side by side
| KRYS (Krystal Biotech, Inc.) | NVCT (Nuvectis Pharma, Inc.) | |
|---|---|---|
| 1-year return | +142.1% | +278.8% |
| 5-year return | +523.2% | +675.1% |
| Volatility (ann.) | 50.8% | 105.8% |
| Beta vs S&P 500 | 0.77 | 0.97 |
| Max drawdown (3Y) | -42.3% | -69.5% |
| Market cap | $10.6B | $0.8B |
| P/E (trailing) | 44.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KRYS | NVCT |
|---|---|---|
| 2022 | +13.3% | – |
| 2023 | +56.6% | +11.2% |
| 2024 | +26.3% | -35.1% |
| 2025 | +57.4% | +39.6% |
| 2026 | +45.0% | +233.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KRYS and NVCT good diversifiers for each other?
Reasonably. At 0.44, KRYS and NVCT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KRYS and NVCT?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.41 over the last year and 0.28 over 5 years.
Is NVCT a good diversifier for KRYS?
Reasonably. At 0.44, KRYS and NVCT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 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.
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Related comparisons
Hubs: KRYS correlations · NVCT correlations
