CTNT vs SRG: Correlation
Measured on weekly returns over the past three years, Cheetah Net Supply Chain Service Inc. (CTNT) and Seritage Growth Properties (SRG) carry a correlation of -0.39, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTNT and SRG?
Over the past 3 years, CTNT and SRG moved with a correlation of -0.39, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.04) than the 3-year average (-0.39). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -7698.0 %².
Among the 21 assets we track against CTNT, SRG sits near the bottom by co-movement, at rank #21. The last year tells two different stories: SRG led by 56.7 percentage points, -99.6% for CTNT against -42.9% for SRG. Risk is not evenly split, since CTNT carries 10.9 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.
CTNT vs SRG: side by side
| CTNT (Cheetah Net Supply Chain Service Inc.) | SRG (Seritage Growth Properties) | |
|---|---|---|
| 1-year return | -99.6% | -42.9% |
| 5-year return | n/a | -86.6% |
| Volatility (ann.) | 461.2% | 42.5% |
| Beta vs S&P 500 | 2.82 | 0.81 |
| Max drawdown (3Y) | -100.0% | -79.0% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CTNT | SRG |
|---|---|---|
| 2022 | – | -10.9% |
| 2023 | – | -21.0% |
| 2024 | -85.3% | -55.9% |
| 2025 | -61.4% | -21.1% |
| 2026 | -99.4% | -36.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTNT and SRG good diversifiers for each other?
Yes: at -0.39, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CTNT and SRG?
As of 2026-08-27, the correlation of weekly returns between CTNT and SRG is -0.39 over 3 years, 0.04 over 1 year and n/a over 5 years.
Is SRG a good diversifier for CTNT?
Yes: at -0.39, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.39 mean?
A reading of -0.39 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/ctnt-vs-srg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ctnt-vs-srg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CTNT correlations · SRG correlations
