SFBS vs TCRT: Correlation
ServisFirst Bancshares, Inc. (SFBS) and Alaunos Therapeutics, Inc. (TCRT) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SFBS and TCRT?
Across a 3-year window, the weekly returns of SFBS and TCRT correlate at -0.24, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.20 over 1 year against -0.24 over 3. Stretching to 5 years gives -0.10, with an annualized covariance of -995.1 %².
Among the 14 assets we track against SFBS, TCRT sits near the bottom by co-movement, at rank #12. Over the last 12 months SFBS came out ahead by 11.4 percentage points (-0.8% against -12.2%). 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.
SFBS vs TCRT: side by side
| SFBS (ServisFirst Bancshares, Inc.) | TCRT (Alaunos Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -0.8% | -12.2% |
| 5-year return | +29.4% | -99.3% |
| Volatility (ann.) | 34.1% | 121.9% |
| Beta vs S&P 500 | 0.96 | -1.11 |
| Max drawdown (3Y) | -30.4% | -95.0% |
| Market cap | $4.7B | – |
| P/E (trailing) | 14.7 | – |
| Dividend yield | 1.70% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SFBS | TCRT |
|---|---|---|
| 2022 | -17.9% | -40.4% |
| 2023 | -1.2% | -89.2% |
| 2024 | +28.8% | -81.8% |
| 2025 | -13.9% | +69.1% |
| 2026 | +22.1% | -48.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SFBS and TCRT good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between SFBS and TCRT?
As of 2026-08-27, the correlation of weekly returns between SFBS and TCRT is -0.24 over 3 years, -0.20 over 1 year and -0.10 over 5 years.
Is TCRT a good diversifier for SFBS?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 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/sfbs-vs-tcrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sfbs-vs-tcrt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SFBS correlations · TCRT correlations
