KURA vs ZYME: Correlation
Measured on weekly returns over the past three years, Kura Oncology, Inc. (KURA) and Zymeworks Inc. (ZYME) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KURA and ZYME?
Across a 3-year window, the weekly returns of KURA and ZYME correlate at 0.55, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.45 versus 0.55 over 3 years. Stretching to 5 years gives 0.42, with an annualized covariance of 1637.1 %².
In KURA's tracked universe of 20 assets, ZYME sits right near the top at #3. Correlation aside, the last 12 months split them widely, with ZYME ahead by 26.6 points (+67.7% versus +94.3%).
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 ZYME: side by side
| KURA (Kura Oncology, Inc.) | ZYME (Zymeworks Inc.) | |
|---|---|---|
| 1-year return | +67.7% | +94.3% |
| 5-year return | -30.6% | -10.9% |
| Volatility (ann.) | 59.8% | 49.4% |
| Beta vs S&P 500 | 1.61 | 1.02 |
| Max drawdown (3Y) | -76.5% | -45.7% |
| Market cap | $1.2B | $2.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KURA | ZYME |
|---|---|---|
| 2022 | -11.4% | -52.0% |
| 2023 | +15.9% | +32.2% |
| 2024 | -39.4% | +40.9% |
| 2025 | +19.3% | +79.8% |
| 2026 | +26.9% | +10.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KURA and ZYME good diversifiers for each other?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between KURA and ZYME?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.45 over the last year and 0.42 over 5 years.
Is ZYME a good diversifier for KURA?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.55 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/kura-vs-zyme.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kura-vs-zyme/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KURA correlations · ZYME correlations
