LUNR vs WHWK: Correlation
Measured on weekly returns over the past three years, Intuitive Machines, Inc. (LUNR) and Whitehawk Therapeutics, Inc. (WHWK) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LUNR and WHWK?
Across a 3-year window, the weekly returns of LUNR and WHWK correlate at 0.35, moderate. The past 12 months show a tighter link (0.53) than the 3-year average (0.35). Stretching to 5 years gives 0.14, with an annualized covariance of 2653.7 %².
Out of 12 assets tracked against LUNR, WHWK lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with WHWK ahead by 89.1 points (+80.0% versus +169.1%). Note the risk asymmetry: LUNR runs 1.6 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.
LUNR vs WHWK: side by side
| LUNR (Intuitive Machines, Inc.) | WHWK (Whitehawk Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +80.0% | +169.1% |
| 5-year return | +67.7% | -80.9% |
| Volatility (ann.) | 109.4% | 69.1% |
| Beta vs S&P 500 | 3.31 | 1.03 |
| Max drawdown (3Y) | -75.1% | -80.6% |
| Market cap | $2.6B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LUNR | WHWK |
|---|---|---|
| 2022 | +3.7% | -46.9% |
| 2023 | -74.4% | -84.3% |
| 2024 | +610.8% | +56.2% |
| 2025 | -10.6% | -23.3% |
| 2026 | -0.3% | +101.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LUNR and WHWK good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LUNR and WHWK?
As of 2026-08-27, the correlation of weekly returns between LUNR and WHWK is 0.35 over 3 years, 0.53 over 1 year and 0.14 over 5 years.
Is WHWK a good diversifier for LUNR?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 mean?
On the −1 to +1 scale, 0.35 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/lunr-vs-whwk.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lunr-vs-whwk/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LUNR correlations · WHWK correlations
