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KURA vs VERA: Correlation

How closely do Kura Oncology, Inc. (KURA) and Vera Therapeutics, Inc. (VERA) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.43
moderate
Correlation (1Y)
0.28
last 12 months
Correlation (5Y)
0.21
long-run
Ann. covariance
2255.3
%² · weekly, annualized

How correlated are KURA and VERA?

On 3 years of weekly data the KURA/VERA correlation comes out at 0.43, moderate. The link has loosened recently: the 1-year correlation (0.28) runs below the 3-year figure (0.43). The 5-year figure is 0.21, and annualized covariance runs at 2255.3 %².

By 3-year correlation, VERA places #7 of the 20 assets tracked against KURA. Over the last 12 months KURA came out ahead by 10.6 percentage points (+67.7% against +57.1%).

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.

KURA vs VERA: side by side

KURA (Kura Oncology, Inc.)VERA (Vera Therapeutics, Inc.)
1-year return+67.7%+57.1%
5-year return-30.6%+133.8%
Volatility (ann.)59.8%87.9%
Beta vs S&P 5001.611.47
Max drawdown (3Y)-76.5%-62.1%
Market cap$1.2B$2.5B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: VERA -62.1% vs -76.5%Higher 5y return: VERA +133.8% vs -30.6%
-6%0%+122%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. KURA · VERA

Year-by-year returns

YearKURAVERA
2022-11.4%-27.6%
2023+15.9%-20.5%
2024-39.4%+175.0%
2025+19.3%+19.7%
2026+26.9%-31.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are KURA and VERA good diversifiers for each other?

A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between KURA and VERA?

As of 2026-08-27, the correlation of weekly returns between KURA and VERA is 0.43 over 3 years, 0.28 over 1 year and 0.21 over 5 years.

Is VERA a good diversifier for KURA?

A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.43 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

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KURA vs VERA: 3-year weekly correlation 0.43KURA vs VERA0.43

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Hubs: KURA correlations · VERA correlations