OKUR vs STTK: Correlation
How closely do OnKure Therapeutics, Inc. (OKUR) and Shattuck Labs, Inc. (STTK) trade together? Their weekly returns over three years give a correlation of -0.29, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OKUR and STTK?
Across a 3-year window, the weekly returns of OKUR and STTK correlate at -0.29, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.10) than the 3-year average (-0.29). Stretching to 5 years gives -0.17, with an annualized covariance of -3458.8 %².
Out of 15 assets tracked against OKUR, STTK lands near the bottom at #13. The last year tells two different stories: STTK led by 628.2 percentage points, +36.8% for OKUR against +665.0% for STTK. One caveat on sizing: STTK is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
OKUR vs STTK: side by side
| OKUR (OnKure Therapeutics, Inc.) | STTK (Shattuck Labs, Inc.) | |
|---|---|---|
| 1-year return | +36.8% | +665.0% |
| 5-year return | -96.0% | -63.7% |
| Volatility (ann.) | 81.5% | 145.0% |
| Beta vs S&P 500 | 0.59 | 2.32 |
| Max drawdown (3Y) | -97.8% | -93.5% |
| Market cap | $0.2B | $0.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OKUR | STTK |
|---|---|---|
| 2022 | -72.7% | -73.0% |
| 2023 | -31.3% | +210.0% |
| 2024 | -46.2% | -83.0% |
| 2025 | -66.3% | +201.7% |
| 2026 | +32.1% | +109.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OKUR and STTK good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between OKUR and STTK?
As of 2026-08-27, the correlation of weekly returns between OKUR and STTK is -0.29 over 3 years, 0.10 over 1 year and -0.17 over 5 years.
Is STTK a good diversifier for OKUR?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 mean?
On the −1 to +1 scale, -0.29 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
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Hubs: OKUR correlations · STTK correlations