ACNT vs SNTG: Correlation
Measured on weekly returns over the past three years, Ascent Industries Co. (ACNT) and Sentage Holdings Inc. - Class A (SNTG) carry a correlation of 0.32, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACNT and SNTG?
On 3 years of weekly data the ACNT/SNTG correlation comes out at 0.32, moderate. The link has loosened recently: the 1-year correlation (0.00) runs below the 3-year figure (0.32). The 5-year figure is 0.23, and annualized covariance runs at 1266.4 %².
Few assets follow ACNT as closely as SNTG, which ranks #2 of 16 tracked partners. Their recent paths diverged sharply: over the last 12 months ACNT outperformed by 23.1 percentage points (+31.0% for ACNT against +7.9% for SNTG). One caveat on sizing: SNTG is 4.1 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.
ACNT vs SNTG: side by side
| ACNT (Ascent Industries Co.) | SNTG (Sentage Holdings Inc. - Class A) | |
|---|---|---|
| 1-year return | +31.0% | +7.9% |
| 5-year return | +37.0% | -93.0% |
| Volatility (ann.) | 31.2% | 126.7% |
| Beta vs S&P 500 | 0.09 | 1.13 |
| Max drawdown (3Y) | -31.8% | -76.2% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACNT | SNTG |
|---|---|---|
| 2022 | -47.2% | -68.8% |
| 2023 | +10.3% | +160.4% |
| 2024 | +16.9% | -63.8% |
| 2025 | +44.8% | +4.4% |
| 2026 | -2.4% | -5.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACNT and SNTG good diversifiers for each other?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ACNT and SNTG?
As of 2026-08-27, the correlation of weekly returns between ACNT and SNTG is 0.32 over 3 years, 0.00 over 1 year and 0.23 over 5 years.
Is SNTG a good diversifier for ACNT?
A fair diversifier. At 0.32, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.32 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/acnt-vs-sntg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/acnt-vs-sntg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACNT correlations · SNTG correlations
