KUST vs PLRX: Correlation
How closely do Kustom Entertainment, Inc. (KUST) and Pliant Therapeutics, Inc. (PLRX) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KUST and PLRX?
On 3 years of weekly data the KUST/PLRX correlation comes out at 0.32, moderate. Little has changed lately, as the 1-year reading of 0.23 lands near the 3-year figure. The 5-year figure is 0.24, and annualized covariance runs at 2933.9 %².
By 3-year correlation, PLRX places #5 of the 10 assets tracked against KUST. The last year tells two different stories: PLRX led by 64.6 percentage points, -96.6% for KUST against -32.0% for PLRX. One caveat on sizing: KUST is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
KUST vs PLRX: side by side
| KUST (Kustom Entertainment, Inc.) | PLRX (Pliant Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -96.6% | -32.0% |
| 5-year return | -100.0% | -93.6% |
| Volatility (ann.) | 124.3% | 74.8% |
| Beta vs S&P 500 | 1.75 | 1.32 |
| Max drawdown (3Y) | -100.0% | -94.7% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KUST | PLRX |
|---|---|---|
| 2022 | -78.5% | +43.2% |
| 2023 | -53.9% | -6.3% |
| 2024 | -75.0% | -27.3% |
| 2025 | -99.9% | -90.7% |
| 2026 | -89.8% | -5.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KUST and PLRX good diversifiers for each other?
Reasonably. At 0.32, KUST and PLRX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KUST and PLRX?
Using weekly returns as of 2026-08-27: 0.32 over 3 years, with 0.23 over the last year and 0.24 over 5 years.
Is PLRX a good diversifier for KUST?
Reasonably. At 0.32, KUST and PLRX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.32 mean?
A reading of 0.32 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/kust-vs-plrx.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kust-vs-plrx/)
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Related comparisons
Hubs: KUST correlations · PLRX correlations
