DEA vs NTIC: Correlation
How closely do Easterly Government Properties, Inc. (DEA) and Northern Technologies International Corporation (NTIC) trade together? Their weekly returns over three years give a correlation of 0.31, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DEA and NTIC?
On 3 years of weekly data the DEA/NTIC correlation comes out at 0.31, moderate. Little has changed lately, as the 1-year reading of 0.40 lands near the 3-year figure. The 5-year figure is 0.26, and annualized covariance runs at 289.5 %².
By 3-year correlation, NTIC places #9 of the 15 assets tracked against DEA. Over the last 12 months DEA came out ahead by 6.6 percentage points (+15.2% against +8.6%).
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.
DEA vs NTIC: side by side
| DEA (Easterly Government Properties, Inc.) | NTIC (Northern Technologies International Corporation) | |
|---|---|---|
| 1-year return | +15.2% | +8.6% |
| 5-year return | -33.0% | -46.9% |
| Volatility (ann.) | 25.9% | 35.6% |
| Beta vs S&P 500 | 0.47 | 0.01 |
| Max drawdown (3Y) | -42.2% | -63.3% |
| Market cap | $1.2B | $0.1B |
| P/E (trailing) | 129.4 | – |
| Dividend yield | 7.27% | 0.37% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DEA | NTIC |
|---|---|---|
| 2022 | -34.0% | -10.9% |
| 2023 | +1.8% | -9.4% |
| 2024 | -7.9% | +16.7% |
| 2025 | -18.6% | -41.4% |
| 2026 | +22.8% | +3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DEA and NTIC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DEA and NTIC?
Using weekly returns as of 2026-08-27: 0.31 over 3 years, with 0.40 over the last year and 0.26 over 5 years.
Is NTIC a good diversifier for DEA?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.31 mean?
A reading of 0.31 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/dea-vs-ntic.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dea-vs-ntic/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DEA correlations · NTIC correlations
