TCRT vs TMP: Correlation
Measured on weekly returns over the past three years, Alaunos Therapeutics, Inc. (TCRT) and Tompkins Financial Corporation (TMP) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TCRT and TMP?
On 3 years of weekly data the TCRT/TMP correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.25) sits close to the 3-year figure. The 5-year figure is -0.16, and annualized covariance runs at -925.0 %².
Among the 131 assets we track against TCRT, TMP ranks #114 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TMP outperformed by 54.0 percentage points (-12.2% for TCRT against +41.8% for TMP). One caveat on sizing: TCRT is 3.9 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.
TCRT vs TMP: side by side
| TCRT (Alaunos Therapeutics, Inc.) | TMP (Tompkins Financial Corporation) | |
|---|---|---|
| 1-year return | -12.2% | +41.8% |
| 5-year return | -99.3% | +49.6% |
| Volatility (ann.) | 121.9% | 31.6% |
| Beta vs S&P 500 | -1.11 | 0.72 |
| Max drawdown (3Y) | -95.0% | -30.9% |
| Market cap | – | $1.4B |
| P/E (trailing) | – | 8.0 |
| Dividend yield | 0.00% | 2.68% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TCRT | TMP |
|---|---|---|
| 2022 | -40.4% | -4.4% |
| 2023 | -89.2% | -19.2% |
| 2024 | -81.8% | +17.8% |
| 2025 | +69.1% | +11.1% |
| 2026 | -48.6% | +37.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TCRT and TMP good diversifiers for each other?
Yes. With a correlation of -0.24, TCRT and TMP have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between TCRT and TMP?
As of 2026-08-27, the correlation of weekly returns between TCRT and TMP is -0.24 over 3 years, -0.25 over 1 year and -0.16 over 5 years.
Is TMP a good diversifier for TCRT?
Yes. With a correlation of -0.24, TCRT and TMP have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
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/tcrt-vs-tmp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tcrt-vs-tmp/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TCRT correlations · TMP correlations
