AZ vs TVGN: Correlation
A2Z Cust2Mate Solutions Corp. (AZ) and Tevogen Inc. (TVGN) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AZ and TVGN?
Over the past 3 years, AZ and TVGN moved with a correlation of 0.41, which is moderate. The past 12 months show a weaker link (0.14) than the 3-year average (0.41). Over 5 years the correlation is 0.33, and the annualized covariance of weekly returns is 9729.5 %².
TVGN is one of the assets that tracks AZ most closely: it ranks #2 out of the 11 assets we track against AZ. Correlation aside, the last 12 months split them widely, with AZ ahead by 59.8 points (-25.5% versus -85.3%). Note the risk asymmetry: TVGN runs 2.5 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.
AZ vs TVGN: side by side
| AZ (A2Z Cust2Mate Solutions Corp.) | TVGN (Tevogen Inc.) | |
|---|---|---|
| 1-year return | -25.5% | -85.3% |
| 5-year return | -49.4% | -98.6% |
| Volatility (ann.) | 97.5% | 242.2% |
| Beta vs S&P 500 | 1.35 | 0.66 |
| Max drawdown (3Y) | -85.0% | -99.3% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AZ | TVGN |
|---|---|---|
| 2022 | -88.3% | – |
| 2023 | +7.9% | +7.7% |
| 2024 | +93.3% | -90.7% |
| 2025 | -1.7% | -67.9% |
| 2026 | +1.8% | -59.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AZ and TVGN good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AZ and TVGN?
As of 2026-08-27, the correlation of weekly returns between AZ and TVGN is 0.41 over 3 years, 0.14 over 1 year and 0.33 over 5 years.
Is TVGN a good diversifier for AZ?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 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/az-vs-tvgn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/az-vs-tvgn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AZ correlations · TVGN correlations
