KYMR vs TYRA: Correlation
Measured on weekly returns over the past three years, Kymera Therapeutics, Inc. (KYMR) and Tyra Biosciences, Inc. (TYRA) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KYMR and TYRA?
Across a 3-year window, the weekly returns of KYMR and TYRA correlate at 0.44, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.25 versus 0.44 over 3 years. Stretching to 5 years gives 0.35, with an annualized covariance of 2173.3 %².
Within KYMR's tracked universe of 31 assets, TYRA comes in at #16 by 3-year correlation. The last year tells two different stories: KYMR led by 81.6 percentage points, +184.5% for KYMR against +102.9% for TYRA.
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.
KYMR vs TYRA: side by side
| KYMR (Kymera Therapeutics, Inc.) | TYRA (Tyra Biosciences, Inc.) | |
|---|---|---|
| 1-year return | +184.5% | +102.9% |
| 5-year return | +96.7% | +0.5% |
| Volatility (ann.) | 74.1% | 66.7% |
| Beta vs S&P 500 | 2.12 | 1.45 |
| Max drawdown (3Y) | -59.8% | -75.3% |
| Market cap | $9.9B | $1.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KYMR | TYRA |
|---|---|---|
| 2022 | -60.7% | -46.0% |
| 2023 | +2.0% | +82.2% |
| 2024 | +58.0% | +0.4% |
| 2025 | +93.4% | +89.1% |
| 2026 | +54.5% | -0.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KYMR and TYRA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between KYMR and TYRA?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.25 over the last year and 0.35 over 5 years.
Is TYRA a good diversifier for KYMR?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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
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Related comparisons
Hubs: KYMR correlations · TYRA correlations
