BIRD vs SENEA: Correlation
How closely do Smartbird, Inc. (BIRD) and Seneca Foods Corp. (SENEA) trade together? Their weekly returns over three years give a correlation of -0.29, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BIRD and SENEA?
On 3 years of weekly data the BIRD/SENEA correlation comes out at -0.29, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.46 versus -0.29 over 3 years. The 5-year figure is -0.19, and annualized covariance runs at -2206.3 %².
Among the 17 assets we track against BIRD, SENEA sits near the bottom by co-movement, at rank #15. Correlation aside, the last 12 months split them widely, with SENEA ahead by 124.7 points (-51.4% versus +73.3%). Risk is not evenly split, since BIRD carries 6.8 times the volatility of the other side.
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.
BIRD vs SENEA: side by side
| BIRD (Smartbird, Inc.) | SENEA (Seneca Foods Corp.) | |
|---|---|---|
| 1-year return | -51.4% | +73.3% |
| 5-year return | -99.5% | +294.2% |
| Volatility (ann.) | 225.6% | 33.3% |
| Beta vs S&P 500 | 3.94 | 0.07 |
| Max drawdown (3Y) | -92.3% | -22.8% |
| Market cap | – | $1.3B |
| P/E (trailing) | – | 11.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BIRD | SENEA |
|---|---|---|
| 2022 | -84.0% | +27.1% |
| 2023 | -49.4% | -14.0% |
| 2024 | -71.6% | +51.1% |
| 2025 | -41.2% | +39.6% |
| 2026 | -22.7% | +73.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BIRD and SENEA good diversifiers for each other?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BIRD and SENEA?
As of 2026-08-27, the correlation of weekly returns between BIRD and SENEA is -0.29 over 3 years, -0.46 over 1 year and -0.19 over 5 years.
Is SENEA a good diversifier for BIRD?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
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/bird-vs-senea.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bird-vs-senea/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BIRD correlations · SENEA correlations
