ASST vs TCMD: Correlation
Strive, Inc. (ASST) and Tactile Systems Technology, Inc. (TCMD) show a negative relationship: their 3-year correlation of weekly returns is -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASST and TCMD?
On 3 years of weekly data the ASST/TCMD correlation comes out at -0.29, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.10) runs above the 3-year figure (-0.29). The 5-year figure is n/a, and annualized covariance runs at -13364.2 %².
Within ASST's tracked universe of 58 assets, TCMD comes in at #43 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TCMD outperformed by 156.1 percentage points (-80.4% for ASST against +75.7% for TCMD). One caveat on sizing: ASST is 11.4 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.
ASST vs TCMD: side by side
| ASST (Strive, Inc.) | TCMD (Tactile Systems Technology, Inc.) | |
|---|---|---|
| 1-year return | -80.4% | +75.7% |
| 5-year return | n/a | -47.2% |
| Volatility (ann.) | 723.1% | 63.6% |
| Beta vs S&P 500 | -1.01 | 0.87 |
| Max drawdown (3Y) | -97.2% | -51.8% |
| Market cap | $2.1B | $0.5B |
| P/E (trailing) | – | 22.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASST | TCMD |
|---|---|---|
| 2022 | – | -39.7% |
| 2023 | – | +24.6% |
| 2024 | -84.6% | +19.8% |
| 2025 | +50.3% | +69.3% |
| 2026 | +56.6% | -20.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and TCMD good diversifiers for each other?
Yes. With a correlation of -0.29, ASST and TCMD have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ASST and TCMD?
As of 2026-08-27, the correlation of weekly returns between ASST and TCMD is -0.29 over 3 years, 0.10 over 1 year and n/a over 5 years.
Is TCMD a good diversifier for ASST?
Yes. With a correlation of -0.29, ASST and TCMD have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.29 mean?
A reading of -0.29 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/asst-vs-tcmd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/asst-vs-tcmd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ASST correlations · TCMD correlations
