LNAI vs TARA: Correlation
Lunai Bioworks Inc. (LNAI) and Protara Therapeutics, Inc. (TARA) show a moderate relationship: their 3-year correlation of weekly returns is 0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LNAI and TARA?
Over the past 3 years, LNAI and TARA moved with a correlation of 0.31, which is moderate. The link has loosened recently: the 1-year correlation (0.03) runs below the 3-year figure (0.31). Over 5 years the correlation is 0.25, and the annualized covariance of weekly returns is 4937.2 %².
By 3-year correlation, TARA places #7 of the 26 assets tracked against LNAI. The last year tells two different stories: TARA led by 112.1 percentage points, -88.6% for LNAI against +23.5% for TARA. Note the risk asymmetry: LNAI runs 1.8 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.
LNAI vs TARA: side by side
| LNAI (Lunai Bioworks Inc.) | TARA (Protara Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -88.6% | +23.5% |
| 5-year return | -99.6% | -49.9% |
| Volatility (ann.) | 169.5% | 93.1% |
| Beta vs S&P 500 | 1.43 | 1.19 |
| Max drawdown (3Y) | -99.6% | -66.5% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LNAI | TARA |
|---|---|---|
| 2022 | -85.9% | -60.3% |
| 2023 | +207.8% | -30.0% |
| 2024 | -73.6% | +181.6% |
| 2025 | -89.4% | +0.9% |
| 2026 | -66.7% | -25.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LNAI and TARA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LNAI and TARA?
The LNAI/TARA correlation stands at 0.31 on a 3-year window (1 year: 0.03, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is TARA a good diversifier for LNAI?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.31 mean?
On the −1 to +1 scale, 0.31 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
$ curl https://www.pairbook.io/api/v1/pairs/lnai-vs-tara.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lnai-vs-tara/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LNAI correlations · TARA correlations
