DELL vs HTCO: Correlation
Measured on weekly returns over the past three years, Dell Technologies (DELL) and High-Trend International Group - Class A (HTCO) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DELL and HTCO?
On 3 years of weekly data the DELL/HTCO correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.39 versus -0.20 over 3 years. The 5-year figure is -0.15, and annualized covariance runs at -1766.9 %².
By 3-year correlation, HTCO places #22 of the 29 assets tracked against DELL. Correlation aside, the last 12 months split them widely, with DELL ahead by 338.8 points (+261.0% versus -77.8%). Risk is not evenly split, since HTCO carries 2.3 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.
DELL vs HTCO: side by side
| DELL (Dell Technologies) | HTCO (High-Trend International Group - Class A) | |
|---|---|---|
| 1-year return | +261.0% | -77.8% |
| 5-year return | +945.0% | -98.9% |
| Volatility (ann.) | 61.3% | 143.5% |
| Beta vs S&P 500 | 2.02 | -0.60 |
| Max drawdown (3Y) | -59.6% | -97.5% |
| Market cap | $305.1B | – |
| P/E (trailing) | 36.9 | – |
| Dividend yield | 0.48% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | DELL | HTCO |
|---|---|---|
| 2022 | -26.6% | -87.1% |
| 2023 | +95.9% | -63.0% |
| 2024 | +53.0% | +608.5% |
| 2025 | +11.2% | -89.9% |
| 2026 | +278.6% | -69.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DELL and HTCO good diversifiers for each other?
Yes. With a correlation of -0.20, DELL and HTCO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DELL and HTCO?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.39 over the last year and -0.15 over 5 years.
Is HTCO a good diversifier for DELL?
Yes. With a correlation of -0.20, DELL and HTCO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 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/dell-vs-htco.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dell-vs-htco/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DELL correlations · HTCO correlations
