NTLA vs PRME: Correlation
How closely do Intellia Therapeutics, Inc. (NTLA) and Prime Medicine, Inc. (PRME) trade together? Their weekly returns over three years give a correlation of 0.60, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NTLA and PRME?
On 3 years of weekly data the NTLA/PRME correlation comes out at 0.60, strong. Little has changed lately, as the 1-year reading of 0.57 lands near the 3-year figure. The 5-year figure is 0.56, and annualized covariance runs at 4852.9 %².
Among the 14 assets we track against NTLA, PRME ranks #4 by 3-year correlation. On 12-month performance NTLA holds a 8.7-point edge, +14.8% against +6.1%.
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.
NTLA vs PRME: side by side
| NTLA (Intellia Therapeutics, Inc.) | PRME (Prime Medicine, Inc.) | |
|---|---|---|
| 1-year return | +14.8% | +6.1% |
| 5-year return | -91.5% | n/a |
| Volatility (ann.) | 82.2% | 98.7% |
| Beta vs S&P 500 | 2.32 | 2.97 |
| Max drawdown (3Y) | -83.6% | -91.4% |
| Market cap | $1.8B | $0.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NTLA | PRME |
|---|---|---|
| 2022 | -70.5% | – |
| 2023 | -12.6% | -52.3% |
| 2024 | -61.8% | -67.0% |
| 2025 | -22.9% | +18.8% |
| 2026 | +45.8% | +4.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NTLA and PRME good diversifiers for each other?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between NTLA and PRME?
As of 2026-08-27, the correlation of weekly returns between NTLA and PRME is 0.60 over 3 years, 0.57 over 1 year and 0.56 over 5 years.
Is PRME a good diversifier for NTLA?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.60 mean?
A reading of 0.60 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
$ curl https://www.pairbook.io/api/v1/pairs/ntla-vs-prme.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ntla-vs-prme/)
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Related comparisons
Hubs: NTLA correlations · PRME correlations
