DTCX vs TECH: Correlation
Measured on weekly returns over the past three years, Datacentrex, Inc. (DTCX) and Bio-Techne (TECH) carry a correlation of -0.17, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DTCX and TECH?
Across a 3-year window, the weekly returns of DTCX and TECH correlate at -0.17, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.22 over 1 year against -0.17 over 3. Stretching to 5 years gives -0.17, with an annualized covariance of -735.8 %².
Among the 15 assets we track against DTCX, TECH ranks #8 by 3-year correlation. The last year tells two different stories: TECH led by 74.3 percentage points, -44.7% for DTCX against +29.6% for TECH. One caveat on sizing: DTCX is 2.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
DTCX vs TECH: side by side
| DTCX (Datacentrex, Inc.) | TECH (Bio-Techne) | |
|---|---|---|
| 1-year return | -44.7% | +29.6% |
| 5-year return | -72.9% | -41.4% |
| Volatility (ann.) | 103.9% | 41.9% |
| Beta vs S&P 500 | 0.15 | 0.90 |
| Max drawdown (3Y) | -89.5% | -48.1% |
| Market cap | $0.1B | $11.4B |
| P/E (trailing) | – | 62.5 |
| Dividend yield | 0.00% | 0.44% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | DTCX | TECH |
|---|---|---|
| 2022 | – | -35.7% |
| 2023 | -15.5% | -6.5% |
| 2024 | -42.8% | -6.2% |
| 2025 | -19.8% | -17.9% |
| 2026 | -1.5% | +23.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DTCX and TECH good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between DTCX and TECH?
The DTCX/TECH correlation stands at -0.17 on a 3-year window (1 year: -0.22, 5 years: -0.17), computed from weekly returns as of 2026-08-27.
Is TECH a good diversifier for DTCX?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dtcx-vs-tech.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dtcx-vs-tech/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DTCX correlations · TECH correlations
