MA vs TCRT: Correlation
Mastercard (MA) and Alaunos Therapeutics, Inc. (TCRT) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MA and TCRT?
Across a 3-year window, the weekly returns of MA and TCRT correlate at -0.24, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.07 versus -0.24 over 3 years. Stretching to 5 years gives -0.07, with an annualized covariance of -564.7 %².
TCRT is close to the least connected end of MA's tracked universe, ranking #42 of 46. On 12-month performance MA holds a 13.0-point edge, +0.8% against -12.2%. Risk is not evenly split, since TCRT carries 6.3 times the volatility of the other side.
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.
MA vs TCRT: side by side
| MA (Mastercard) | TCRT (Alaunos Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +0.8% | -12.2% |
| 5-year return | +72.6% | -99.3% |
| Volatility (ann.) | 19.3% | 121.9% |
| Beta vs S&P 500 | 0.77 | -1.11 |
| Max drawdown (3Y) | -20.9% | -95.0% |
| Market cap | $518.4B | – |
| P/E (trailing) | 32.9 | – |
| Dividend yield | 0.56% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | MA | TCRT |
|---|---|---|
| 2022 | -2.7% | -40.4% |
| 2023 | +23.4% | -89.2% |
| 2024 | +24.2% | -81.8% |
| 2025 | +9.0% | +69.1% |
| 2026 | +4.2% | -48.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MA and TCRT good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MA and TCRT?
As of 2026-08-27, the correlation of weekly returns between MA and TCRT is -0.24 over 3 years, -0.07 over 1 year and -0.07 over 5 years.
Is TCRT a good diversifier for MA?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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/ma-vs-tcrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ma-vs-tcrt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MA correlations · TCRT correlations
