KNSA vs. ALAB
KNSA (Kiniksa Pharmaceuticals, Ltd.) and ALAB (Astera Labs, Inc.) are both stocks. KNSA operates in Biotechnology (Healthcare), while ALAB operates in Semiconductors (Technology). Over the past year, KNSA returned 93.78% vs 348.10% for ALAB. At a 0.11 correlation, their price movements are largely independent.
Performance
KNSA vs. ALAB - Performance Comparison
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Returns By Period
In the year-to-date period, KNSA achieves a 33.60% return, which is significantly lower than ALAB's 150.70% return.
KNSA
- 1D
- 1.66%
- 1M
- 3.51%
- YTD
- 33.60%
- 6M
- 27.60%
- 1Y
- 93.78%
- 3Y*
- 52.43%
- 5Y*
- 29.69%
- 10Y*
- —
ALAB
- 1D
- 11.31%
- 1M
- 40.03%
- YTD
- 150.70%
- 6M
- 153.69%
- 1Y
- 348.10%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
KNSA vs. ALAB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
KNSA Kiniksa Pharmaceuticals, Ltd. | 33.60% | 108.54% | 0.41% |
ALAB Astera Labs, Inc. | 150.70% | 25.60% | 152.00% |
Correlation
The correlation between KNSA and ALAB is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Mar 20, 2024 | 0.11 |
Fundamentals
KNSA:
$4.54B
ALAB:
$75.56B
KNSA:
$0.92
ALAB:
$1.48
KNSA:
59.85
ALAB:
280.93
KNSA:
5.80
ALAB:
75.08
KNSA:
7.50
ALAB:
50.57
KNSA:
$754.05M
ALAB:
$1.00B
KNSA:
$294.06M
ALAB:
$760.99M
KNSA:
$101.06M
ALAB:
$253.12M
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Return for Risk
KNSA vs. ALAB — Risk / Return Rank
KNSA
ALAB
KNSA vs. ALAB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kiniksa Pharmaceuticals, Ltd. (KNSA) and Astera Labs, Inc. (ALAB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KNSA | ALAB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.41 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 4.63 | 5.34 | -0.71 |
| Martin ratioReturn relative to average drawdown | 16.35 | 10.53 | +5.82 |
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Drawdowns
KNSA vs. ALAB - Drawdown Comparison
The maximum KNSA drawdown since its inception was -83.06%, which is greater than ALAB's maximum drawdown of -63.69%. Use the drawdown chart below to compare losses from any high point for KNSA and ALAB.
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Drawdown Indicators
| KNSA | ALAB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.06% | -63.69% | -19.37% |
Max Drawdown (1Y)Largest decline over 1 year | -21.12% | -60.19% | +39.07% |
Max Drawdown (3Y)Largest decline over 3 years | -34.14% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -53.17% | — | — |
Current DrawdownCurrent decline from peak | -7.35% | 0.00% | -7.35% |
Average DrawdownAverage peak-to-trough decline | -40.60% | -29.29% | -11.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.97% | 30.50% | -24.53% |
Volatility
KNSA vs. ALAB - Volatility Comparison
The current volatility for Kiniksa Pharmaceuticals, Ltd. (KNSA) is 10.40%, while Astera Labs, Inc. (ALAB) has a volatility of 31.61%. This indicates that KNSA experiences smaller price fluctuations and is considered to be less risky than ALAB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KNSA | ALAB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.40% | 31.61% | -21.21% |
Volatility (6M)Calculated over the trailing 6-month period | 34.02% | 69.77% | -35.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.03% | 96.74% | -53.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.48% | 93.67% | -40.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.93% | 93.67% | -29.74% |
Dividends
KNSA vs. ALAB - Dividend Comparison
Neither KNSA nor ALAB has paid dividends to shareholders.
Financials
KNSA vs. ALAB - Financials Comparison
This section allows you to compare key financial metrics between Kiniksa Pharmaceuticals, Ltd. and Astera Labs, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
KNSA vs. ALAB - Profitability Comparison
KNSA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kiniksa Pharmaceuticals, Ltd. reported a gross profit of 0.00 and revenue of 214.27M. Therefore, the gross margin over that period was 0.0%.
ALAB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Astera Labs, Inc. reported a gross profit of 235.14M and revenue of 308.36M. Therefore, the gross margin over that period was 76.3%.
KNSA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kiniksa Pharmaceuticals, Ltd. reported an operating income of 29.27M and revenue of 214.27M, resulting in an operating margin of 13.7%.
ALAB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Astera Labs, Inc. reported an operating income of 61.83M and revenue of 308.36M, resulting in an operating margin of 20.1%.
KNSA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kiniksa Pharmaceuticals, Ltd. reported a net income of 22.59M and revenue of 214.27M, resulting in a net margin of 10.5%.
ALAB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Astera Labs, Inc. reported a net income of 80.31M and revenue of 308.36M, resulting in a net margin of 26.0%.
Frequently Asked Questions
KNSA and ALAB have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALAB has higher volatility (31.61%) compared to KNSA (10.40%). In terms of maximum drawdown, KNSA dropped -83.06% vs ALAB's -63.69%.
ALAB currently has the higher Sharpe Ratio (3.33 vs 2.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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