SBUX vs TCRT: Correlation
Starbucks (SBUX) and Alaunos Therapeutics, Inc. (TCRT) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SBUX and TCRT?
Across a 3-year window, the weekly returns of SBUX and TCRT correlate at -0.22, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.21) sits close to the 3-year figure. Stretching to 5 years gives -0.06, with an annualized covariance of -913.8 %².
Among the 38 assets we track against SBUX, TCRT sits near the bottom by co-movement, at rank #34. The last year tells two different stories: SBUX led by 37.7 percentage points, +25.5% for SBUX against -12.2% for TCRT. One caveat on sizing: TCRT is 3.6 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.
SBUX vs TCRT: side by side
| SBUX (Starbucks) | TCRT (Alaunos Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +25.5% | -12.2% |
| 5-year return | +4.5% | -99.3% |
| Volatility (ann.) | 34.2% | 121.9% |
| Beta vs S&P 500 | 1.10 | -1.11 |
| Max drawdown (3Y) | -32.0% | -95.0% |
| Market cap | $122.3B | – |
| P/E (trailing) | 62.7 | – |
| Dividend yield | 2.29% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | SBUX | TCRT |
|---|---|---|
| 2022 | -13.2% | -40.4% |
| 2023 | -1.2% | -89.2% |
| 2024 | -2.5% | -81.8% |
| 2025 | -5.3% | +69.1% |
| 2026 | +29.7% | -48.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SBUX and TCRT good diversifiers for each other?
Yes. With a correlation of -0.22, SBUX and TCRT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between SBUX and TCRT?
The SBUX/TCRT correlation stands at -0.22 on a 3-year window (1 year: -0.21, 5 years: -0.06), computed from weekly returns as of 2026-08-27.
Is TCRT a good diversifier for SBUX?
Yes. With a correlation of -0.22, SBUX and TCRT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/sbux-vs-tcrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sbux-vs-tcrt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SBUX correlations · TCRT correlations
