CPSH vs TRV: Correlation
Measured on weekly returns over the past three years, CPS Technologies Corp. (CPSH) and Travelers Companies (The) (TRV) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPSH and TRV?
Across a 3-year window, the weekly returns of CPSH and TRV correlate at -0.18, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.28) than the 3-year average (-0.18). Stretching to 5 years gives -0.03, with an annualized covariance of -296.2 %².
By 3-year correlation, TRV places #11 of the 18 assets tracked against CPSH. Their recent paths diverged sharply: over the last 12 months TRV outperformed by 22.5 percentage points (+15.3% for CPSH against +37.8% for TRV). Note the risk asymmetry: CPSH runs 3.8 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.
CPSH vs TRV: side by side
| CPSH (CPS Technologies Corp.) | TRV (Travelers Companies (The)) | |
|---|---|---|
| 1-year return | +15.3% | +37.8% |
| 5-year return | -32.8% | +155.3% |
| Volatility (ann.) | 78.3% | 20.8% |
| Beta vs S&P 500 | 0.50 | 0.36 |
| Max drawdown (3Y) | -69.7% | -12.5% |
| Market cap | $0.1B | $77.0B |
| P/E (trailing) | 392.0 | 10.0 |
| Dividend yield | 0.00% | 1.23% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | CPSH | TRV |
|---|---|---|
| 2022 | -29.0% | +22.4% |
| 2023 | -12.6% | +3.9% |
| 2024 | -31.5% | +28.8% |
| 2025 | +91.9% | +22.4% |
| 2026 | +26.9% | +28.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPSH and TRV good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CPSH and TRV?
The CPSH/TRV correlation stands at -0.18 on a 3-year window (1 year: -0.28, 5 years: -0.03), computed from weekly returns as of 2026-08-27.
Is TRV a good diversifier for CPSH?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: CPSH correlations · TRV correlations
