OKUR vs TCRX: Correlation
Measured on weekly returns over the past three years, OnKure Therapeutics, Inc. (OKUR) and TScan Therapeutics, Inc. (TCRX) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OKUR and TCRX?
Over the past 3 years, OKUR and TCRX moved with a correlation of 0.43, which is moderate. Little has changed lately, as the 1-year reading of 0.40 lands near the 3-year figure. Over 5 years the correlation is 0.28, and the annualized covariance of weekly returns is 2897.6 %².
Few assets follow OKUR as closely as TCRX, which ranks #1 of 15 tracked partners. The last year tells two different stories: OKUR led by 96.7 percentage points, +36.8% for OKUR against -59.9% for TCRX.
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 TCRX: side by side
| OKUR (OnKure Therapeutics, Inc.) | TCRX (TScan Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +36.8% | -59.9% |
| 5-year return | -96.0% | -91.3% |
| Volatility (ann.) | 81.5% | 82.6% |
| Beta vs S&P 500 | 0.59 | 2.01 |
| Max drawdown (3Y) | -97.8% | -92.4% |
| Market cap | $0.2B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OKUR | TCRX |
|---|---|---|
| 2022 | -72.7% | -65.6% |
| 2023 | -31.3% | +276.1% |
| 2024 | -46.2% | -47.9% |
| 2025 | -66.3% | -67.1% |
| 2026 | +32.1% | -25.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OKUR and TCRX good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between OKUR and TCRX?
The OKUR/TCRX correlation stands at 0.43 on a 3-year window (1 year: 0.40, 5 years: 0.28), computed from weekly returns as of 2026-08-27.
Is TCRX a good diversifier for OKUR?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/okur-vs-tcrx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/okur-vs-tcrx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OKUR correlations · TCRX correlations
