TCRT vs UDR: Correlation
Measured on weekly returns over the past three years, Alaunos Therapeutics, Inc. (TCRT) and UDR, Inc. (UDR) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TCRT and UDR?
On 3 years of weekly data the TCRT/UDR correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.13 over 1 year against -0.19 over 3. The 5-year figure is -0.07, and annualized covariance runs at -476.2 %².
Among the 131 assets we track against TCRT, UDR ranks #54 by 3-year correlation. Over the last 12 months UDR came out ahead by 11.6 percentage points (-12.2% against -0.6%). One caveat on sizing: TCRT is 5.8 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.
TCRT vs UDR: side by side
| TCRT (Alaunos Therapeutics, Inc.) | UDR (UDR, Inc.) | |
|---|---|---|
| 1-year return | -12.2% | -0.6% |
| 5-year return | -99.3% | -15.5% |
| Volatility (ann.) | 121.9% | 21.1% |
| Beta vs S&P 500 | -1.11 | 0.54 |
| Max drawdown (3Y) | -95.0% | -24.9% |
| Market cap | – | $13.6B |
| P/E (trailing) | – | 23.9 |
| Dividend yield | 0.00% | 4.56% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | TCRT | UDR |
|---|---|---|
| 2022 | -40.4% | -33.4% |
| 2023 | -89.2% | +3.1% |
| 2024 | -81.8% | +18.3% |
| 2025 | +69.1% | -11.8% |
| 2026 | -48.6% | +4.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TCRT and UDR good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between TCRT and UDR?
As of 2026-08-27, the correlation of weekly returns between TCRT and UDR is -0.19 over 3 years, -0.13 over 1 year and -0.07 over 5 years.
Is UDR a good diversifier for TCRT?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/tcrt-vs-udr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/tcrt-vs-udr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: TCRT correlations · UDR correlations
