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AWX vs SNT: Correlation

Measured on weekly returns over the past three years, Avalon Holdings Corporation (AWX) and Senstar Technologies Corporation (SNT) carry a correlation of 0.37, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.37
moderate
Correlation (1Y)
0.06
last 12 months
Correlation (5Y)
0.28
long-run
Ann. covariance
855.2
%² · weekly, annualized

How correlated are AWX and SNT?

On 3 years of weekly data the AWX/SNT correlation comes out at 0.37, moderate. The link has loosened recently: the 1-year correlation (0.06) runs below the 3-year figure (0.37). The 5-year figure is 0.28, and annualized covariance runs at 855.2 %².

By 3-year correlation, SNT places #4 of the 12 assets tracked against AWX. The last year tells two different stories: AWX led by 70.9 percentage points, +8.9% for AWX against -62.0% for SNT. Note the risk asymmetry: SNT runs 1.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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.

AWX vs SNT: side by side

AWX (Avalon Holdings Corporation)SNT (Senstar Technologies Corporation)
1-year return+8.9%-62.0%
5-year return-37.9%-57.3%
Volatility (ann.)35.1%66.2%
Beta vs S&P 5000.100.71
Max drawdown (3Y)-51.9%-69.2%
Market cap
P/E (trailing)9.085.5
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: AWX 9.0 vs 85.5Smaller drawdown: AWX -51.9% vs -69.2%Higher 5y return: AWX -37.9% vs -57.3%
-63%0%+21%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. AWX · SNT

Year-by-year returns

YearAWXSNT
2022-23.8%-57.7%
2023-13.1%+2.4%
2024+61.9%+166.7%
2025-30.5%+40.4%
2026+0.4%-64.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AWX and SNT good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between AWX and SNT?

The AWX/SNT correlation stands at 0.37 on a 3-year window (1 year: 0.06, 5 years: 0.28), computed from weekly returns as of 2026-08-27.

Is SNT a good diversifier for AWX?

Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.37 mean?

A reading of 0.37 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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AWX vs SNT: 3-year weekly correlation 0.37AWX vs SNT0.37

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Related comparisons

Hubs: AWX correlations · SNT correlations