KTTA vs VRCA: Correlation
Measured on weekly returns over the past three years, Pasithea Therapeutics Corp. (KTTA) and Verrica Pharmaceuticals Inc. (VRCA) carry a correlation of 0.57, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KTTA and VRCA?
Across a 3-year window, the weekly returns of KTTA and VRCA correlate at 0.57, moderate. The link has tightened recently: the 1-year correlation (0.82) runs above the 3-year figure (0.57). Stretching to 5 years gives 0.48, with an annualized covariance of 16778.5 %².
Few assets follow KTTA as closely as VRCA, which ranks #2 of 10 tracked partners. The last year tells two different stories: VRCA led by 16.0 percentage points, -26.4% for KTTA against -10.4% for VRCA. Risk is not evenly split, since KTTA carries 2.1 times the volatility of the other side.
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.
KTTA vs VRCA: side by side
| KTTA (Pasithea Therapeutics Corp.) | VRCA (Verrica Pharmaceuticals Inc.) | |
|---|---|---|
| 1-year return | -26.4% | -10.4% |
| 5-year return | -99.2% | -95.4% |
| Volatility (ann.) | 248.1% | 119.4% |
| Beta vs S&P 500 | 3.29 | 1.72 |
| Max drawdown (3Y) | -97.6% | -96.6% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KTTA | VRCA |
|---|---|---|
| 2022 | -63.7% | -70.0% |
| 2023 | -42.4% | +166.2% |
| 2024 | -57.4% | -90.4% |
| 2025 | -59.0% | +18.7% |
| 2026 | -57.0% | -39.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KTTA and VRCA good diversifiers for each other?
Only partially. A correlation of 0.57 means KTTA and VRCA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between KTTA and VRCA?
Using weekly returns as of 2026-08-27: 0.57 over 3 years, with 0.82 over the last year and 0.48 over 5 years.
Is VRCA a good diversifier for KTTA?
Only partially. A correlation of 0.57 means KTTA and VRCA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.57 mean?
On the −1 to +1 scale, 0.57 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/ktta-vs-vrca.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ktta-vs-vrca/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KTTA correlations · VRCA correlations
