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KYTX vs SABS: Correlation

Measured on weekly returns over the past three years, Kyverna Therapeutics, Inc. (KYTX) and SAB Biotherapeutics, Inc. (SABS) carry a correlation of 0.31, a moderate link.

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

Correlation (3Y)
0.31
moderate
Correlation (1Y)
0.28
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
2435.2
%² · weekly, annualized

How correlated are KYTX and SABS?

Over the past 3 years, KYTX and SABS moved with a correlation of 0.31, which is moderate. The relationship has been stable: the 1-year correlation (0.28) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 2435.2 %².

By 3-year correlation, SABS places #12 of the 17 assets tracked against KYTX. Their recent paths diverged sharply: over the last 12 months KYTX outperformed by 48.7 percentage points (+134.1% for KYTX against +85.4% for SABS).

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 SABS: side by side

KYTX (Kyverna Therapeutics, Inc.)SABS (SAB Biotherapeutics, Inc.)
1-year return+134.1%+85.4%
5-year returnn/a-96.1%
Volatility (ann.)90.2%86.9%
Beta vs S&P 5001.740.67
Max drawdown (3Y)-93.9%-89.0%
Market cap$0.5B$0.4B
P/E (trailing)16.4
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: SABS -89.0% vs -93.9%
-12%0%+152%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. KYTX · SABS

Year-by-year returns

YearKYTXSABS
2022-92.4%
2023+16.6%
2024-44.9%
2025+151.3%-1.4%
2026-8.1%+5.1%

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

Are KYTX and SABS good diversifiers for each other?

A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between KYTX and SABS?

As of 2026-08-27, the correlation of weekly returns between KYTX and SABS is 0.31 over 3 years, 0.28 over 1 year and n/a over 5 years.

Is SABS a good diversifier for KYTX?

A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.31 mean?

A reading of 0.31 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/kytx-vs-sabs.json

KYTX vs SABS: 3-year weekly correlation 0.31KYTX vs SABS0.31

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Related comparisons

Hubs: KYTX correlations · SABS correlations