KYTX vs RDI: Correlation
Kyverna Therapeutics, Inc. (KYTX) and Reading International Inc - Class A Non-voting (RDI) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KYTX and RDI?
Across a 3-year window, the weekly returns of KYTX and RDI correlate at 0.33, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.18 versus 0.33 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 1376.9 %².
By 3-year correlation, RDI places #11 of the 17 assets tracked against KYTX. The last year tells two different stories: KYTX led by 97.7 percentage points, +134.1% for KYTX against +36.4% for RDI. Note the risk asymmetry: KYTX runs 2.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
KYTX vs RDI: side by side
| KYTX (Kyverna Therapeutics, Inc.) | RDI (Reading International Inc - Class A Non-voting) | |
|---|---|---|
| 1-year return | +134.1% | +36.4% |
| 5-year return | n/a | -57.8% |
| Volatility (ann.) | 90.2% | 44.2% |
| Beta vs S&P 500 | 1.74 | 0.26 |
| Max drawdown (3Y) | -93.9% | -58.5% |
| Market cap | $0.5B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KYTX | RDI |
|---|---|---|
| 2022 | – | -31.4% |
| 2023 | – | -31.0% |
| 2024 | – | -30.9% |
| 2025 | +151.3% | -20.5% |
| 2026 | -8.1% | +100.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KYTX and RDI good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between KYTX and RDI?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.18 over the last year and n/a over 5 years.
Is RDI a good diversifier for KYTX?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 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/kytx-vs-rdi.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kytx-vs-rdi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KYTX correlations · RDI correlations
