MCRB vs WKSP: Correlation
Seres Therapeutics, Inc. (MCRB) and Worksport, Ltd. (WKSP) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCRB and WKSP?
On 3 years of weekly data the MCRB/WKSP correlation comes out at 0.38, moderate. The past 12 months show a weaker link (0.24) than the 3-year average (0.38). The 5-year figure is 0.35, and annualized covariance runs at 4311.9 %².
By 3-year correlation, WKSP places #6 of the 11 assets tracked against MCRB. The trailing year gives MCRB the advantage: -73.8% versus -79.5%, a 5.7-point spread.
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.
MCRB vs WKSP: side by side
| MCRB (Seres Therapeutics, Inc.) | WKSP (Worksport, Ltd.) | |
|---|---|---|
| 1-year return | -73.8% | -79.5% |
| 5-year return | -96.0% | -98.8% |
| Volatility (ann.) | 103.2% | 108.8% |
| Beta vs S&P 500 | 1.38 | 1.80 |
| Max drawdown (3Y) | -94.0% | -98.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MCRB | WKSP |
|---|---|---|
| 2022 | -32.8% | -58.9% |
| 2023 | -75.0% | +49.7% |
| 2024 | -40.6% | -38.3% |
| 2025 | -10.5% | -76.8% |
| 2026 | -66.7% | -70.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCRB and WKSP good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MCRB and WKSP?
As of 2026-08-27, the correlation of weekly returns between MCRB and WKSP is 0.38 over 3 years, 0.24 over 1 year and 0.35 over 5 years.
Is WKSP a good diversifier for MCRB?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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/mcrb-vs-wksp.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mcrb-vs-wksp/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MCRB correlations · WKSP correlations
